16-Unit Apartment
For Sale
Contact for pricing
1511 W 11th Place, Los Angeles, CA 90015
Separately metered electric supports straightforward utility allocation across the apartment asset.
Property SizeContact for details
Days on Market230
Property Features for 1511 W 11th Place
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
1
Units
16
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 729-1559
Listed By:
Aaron Jacobson · License #02100737
Source:
Crexi
Added: Jan 12
Changed: Aug 30
Last Checked: Aug 30 at 2:54AM
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 Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
Located at 1511 W 11th Place in Los Angeles, this 16-unit apartment building is positioned in Pico-Union, with access to Downtown Los Angeles, Koreatown, Silver Lake, and Echo Park. The property is separately metered for electric, providing a defined utility structure for the building’s operations.
The asset carries an 8.20% cap rate and a 7.5 GRM based on the in-place operating profile. Its location places the property near major employment hubs and within a dense Los Angeles submarket. The offering may also suit 1031 exchange buyers, as stated in the property information.
The asset carries an 8.20% cap rate and a 7.5 GRM based on the in-place operating profile. Its location places the property near major employment hubs and within a dense Los Angeles submarket. The offering may also suit 1031 exchange buyers, as stated in the property information.
Key Highlights
- 16‑unit apartment building at 1511 W 11th Place, Los Angeles, CA 90015
- 8.20% cap rate based on the in‑place operating profile
- 7.5 GRM
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,791
Businesses Nearby
Explore this area
Business Placement
Demographics for 90015, CA
27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Separately metered electric supports straightforward utility allocation across the apartment asset.
Where is this apartment building located?
The property is located at 1511 W 11th Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,726,000.
What are key features of this property?
This property features: 16‑unit apartment building at 1511 W 11th Place, Los Angeles, CA 90015; 8.20% cap rate based on the in‑place operating profile; 7.5 GRM
