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    3171 W 11Th St Los Angeles, CA 90006

    For Sale
    $1,690,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    2,088 SF
    Lot size:
    0.17 Acres
    Days on Market:
    282
    Last Refresh:
    Dec 9 at 4:06 am

    Property Features for 3171 W 11Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR4
    Rooms
    Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    5080-009-019
    Parking
    2
    Size
    2,088 SF
    Lot size
    0.17 Acres

    Utilities

    Cooling system
    Wall/Window Unit(s)

    Building Details

    Year built
    1921
    Floors in Building
    1
    Number of units
    2

    Keller Williams Larchmont (323) 762-2600 [email protected]

    Listing agent Dae Young Hur (323) 762-2600 License #01489175

    Listing date Mar 3, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Koreatown Duplex with Development Potential

    Located in Koreatown, this property is zoned LAR4 and situated on a 7,316 sqft lot. The existing duplex consists of two units, each featuring 2 bedrooms and 1 bathroom, and approximately 1,000 sqft in size. Each unit includes a full kitchen, separate living room, and in-unit washer/dryer room. The property provides 6 gated parking spaces. The combined rental income from both units is $4,000 per month, with each unit generating $2,000. Development plans are in place for an 8-unit, 3-story apartment complex. The project is ready to be issued and includes a ground floor with 12 parking spaces. The second and third floors each feature 4 units: 3 units with 1 bed/1 bath and 1 unit with 2 beds/2 baths per floor. A rooftop outdoor space is planned to enhance tenant appeal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.308379
    Latitude
    34.051005

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    FAQs

    What type of property is this?
    Duplex - LAR4-zoned duplex in Koreatown with plans for an 8-unit complex.
    Where is this duplex located?
    The property is located at 3171 W 11Th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: - LAR4 Zoning on a 7,316 sqft Lot: Offers significant development potential in Koreatown.; - Approved Plans for 8-Unit Apartment Complex: Ready to be issued, including rooftop space and parking.; - Existing Duplex Generating $4,000/Month: Provides immediate rental income.
    (323) 762-2600
    Request Owner's contact information
    3171 W 11Th St Los Angeles, CA 90006
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    Los Angeles, CA 90006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3171 W 11Th St Los Angeles, CA 90006
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