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Renovated Multifamily Mid-Rise Building
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1111 Tulane Ave, New Orleans, LA 70112

10-story mid-rise renovated from office use to multifamily, with flexibility to operate as multifamily and/or short-term rentals.

Property SizeContact for details
Days on Market123

Property Features for 1111 Tulane Ave

General Information

Standard status Active
Property subtype Multifamily

Building Details

Stories 10
Listing Agency: Stirling Properties Baton Rouge
Listed By: Chad Rigby · License #MS B-21591
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 12:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stirling Properties Baton Rouge

Investment Insights

Based on property information with market context.

The California Building is a 10-story mid-rise property that has been renovated from its formal office use into a high-quality multifamily asset. The building is positioned for buyers seeking flexibility in operating strategy, with options to run the property as pure-play multifamily, operate as short-term rentals, or maintain a hybrid approach in its current state.

Located in the heart of downtown New Orleans, the property sits adjacent to the French Quarter and near a broad supply of newly renovated medical infrastructure, supporting convenient access to area services and destinations.

Key Highlights

  • 10‑story mid‑rise building renovated from former office use to a multifamily asset
  • Flexible operating options to run as multifamily, short‑term rentals, or a hybrid of both
  • Located in downtown New Orleans, adjacent to the French Quarter

Property Analytics

Current Use

2 Bedroom Luxury ... Hotel & Motel Upscale Condos and Penthouses ... Hotel & Motel Girls trip room Homestay Hotel Hotel & Motel California Building - Urban ... Vacation Rental

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Nursing Home Butcher Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11,503
Businesses Nearby

Demographics for 70112, LA

4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - 10-story mid-rise renovated from office use to multifamily, with flexibility to operate as multifamily and/or short-term rentals.
Where is this multifamily property located?
The property is located at 1111 Tulane Ave New Orleans, LA.
What are key features of this property?
This property features: 10‑story mid‑rise building renovated from former office use to a multifamily asset; Flexible operating options to run as multifamily, short‑term rentals, or a hybrid of both; Located in downtown New Orleans, adjacent to the French Quarter
More about this property
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