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Four-Unit Quadplex
For Sale
$849,000

1516 W 11th Pl, Los Angeles, CA 90015

Income property with three occupied residences and one newly remodeled vacant home available for showing.

Property Size3,700 SF
Price / SF$229.46
Days on Market13

Property Features for 1516 W 11th Pl

General Information

Standard status Active
Size 3,700 SF
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 4

Building Details

Building Size 3,700 SF
Year Built 1912
Listing Agency: EstateX inc.
Listed By: Khusboo Siddhiwala · License #02270327
Source: Carolinakramer
Added: Aug 21 Changed: Sep 2 Last Checked: Aug 31 at 9:26PM

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 EstateX inc.

Investment Insights

Based on property information with market context.

This four-unit Los Angeles property was built in 1912 and includes a newly remodeled vacant residence configured with three bedrooms and two bathrooms. The remaining three units are tenant occupied, creating a mix of leased and available residences within the same building. The vacant unit and exterior are available for initial showings, while access to occupied units requires advance coordination. The property is located at 1516 W 11th Pl, Los Angeles, CA 90015.

Key Highlights

  • Four total residential units
  • Three units are tenant occupied
  • One vacant, newly remodeled 3BD/2BA unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

5,791
Businesses Nearby

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

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

What type of property is this?
Quadplex - Income property with three occupied residences and one newly remodeled vacant home available for showing.
Where is this quadplex located?
The property is located at 1516 W 11th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Four total residential units; Three units are tenant occupied; One vacant, newly remodeled 3BD/2BA unit
More about this property
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