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21-Unit Apartment Building
For Sale
Contact for pricing
Pending

2323 W 11th St, Los Angeles, CA 90006

LAC2-zoned property with access to downtown Los Angeles and Koreatown via Olympic Boulevard and Hoover Street.

Property SizeContact for details
Days on Market142

Property Features for 2323 W 11th St

General Information

Standard status Pending
Property subtype Multifamily
Zoning LAC2
Occupancy 100%

Units

Unit Mix 9 x 1BR, 12 x studio
Multifamily Units 21

Additional Details

Cap Rate 6%
Road Access Yes
Listing Agency: Epique Commercial
Listed By: Peter Paik, CCIM · License #01080324
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:25PM

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 Epique Commercial

Investment Insights

Based on property information with market context.

Located at 2323 W 11th St in Los Angeles, this 21-unit apartment building offers a mix of 9 one-bedroom residences and 12 studio units. The property is designated LAC2 and provides access from Olympic Boulevard and Hoover Street.

The building is positioned near downtown Los Angeles and Koreatown, with a current 6% CAP. All tenants are reported as paying, providing an established operating profile for the existing apartment configuration.

Key Highlights

  • 21‑unit apartment building with 9 one‑bedroom units and 12 studios
  • LAC2 zoning designation
  • Current 6% CAP

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Clothing & Fashion Store Veterinary Clinic Buffet

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

Lease Details

21
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5,050
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - LAC2-zoned property with access to downtown Los Angeles and Koreatown via Olympic Boulevard and Hoover Street.
Where is this apartment building located?
The property is located at 2323 W 11th St Los Angeles, CA.
What are key features of this property?
This property features: 21‑unit apartment building with 9 one‑bedroom units and 12 studios; LAC2 zoning designation; Current 6% CAP
More about this property
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