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    11565 Iowa Ave Los Angeles, CA 90025

    For Sale
    $1,900,000

    Rare, fully rented three-unit property near Wilshire district and Beverly Hills.

    Property size:
    2,192 SF

    Property Features for 11565 Iowa Ave

    General Information

    Standard status
    Active
    Size
    2,192 SF

    Building Details

    Year built
    1928

    Source: RE-SEARCH CONCEPT Agent BRIDGETTE HARABEDIAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Santa Monica Three-Unit Investment Property

    This is a rare three-unit property located in Santa Monica, near the Wilshire district and Beverly Hills, presenting a long-term investment opportunity. The property is fully rented. The duplex has been renovated with modern touches, including laminate floors, quartz countertops, marble vanities, recessed lighting, and double-paned windows. Each unit includes a washer and dryer. The original duplex consists of two units, each featuring two bedrooms and one bathroom. A recently built ADU offers two bedrooms and two bathrooms. The free-standing unit includes a front porch and a BBQ area in the back. The property size is 2192 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FLO Charging Station Electric Vehicle Charging Station

    Suggested Use

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

    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
    -118.45178
    Latitude
    34.04288

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    FAQs

    What type of property is this?
    Triplex - Rare, fully rented three-unit property near Wilshire district and Beverly Hills.
    Where is this triplex located?
    The property is located at 11565 Iowa Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Fully rented three-unit property (duplex + ADU) in Santa Monica, offering immediate investment income.; - Recently renovated duplex with modern finishes including laminate floors, quartz countertops, marble vanities, recessed lighting, double-paned windows, and top-of-the-line appliances.; - Each unit includes its own washer and dryer, a unique and highly desirable amenity.
    Request Owner's contact information
    11565 Iowa Ave Los Angeles, CA 90025
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    Los Angeles, CA 90025
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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
    11565 Iowa Ave Los Angeles, CA 90025
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