Los Angeles Multifamily Investment
1516 W 11th Pl, Los Angeles, CA 90015
MULTI_FAMILY - Los Angeles, CA
Property size:
3,700 SFLot size:
0.14 AcresPrice / SF:
$239/SF- Added:
- Feb 13, 2026
- Days on Market:
- 91
- Last Refresh:
- May 15 at 8:06 pm
Property Features for 1516 W 11th Pl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR4
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 8, Bathroom 5, Family Room, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 9, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4
- Parking features
- Driveway, Guest
- Appliances
- Gas, Microwave, Oven
- Standard status
- Active
- APN
- 5137-025-017
- Size
- 3,700 SF
- Lot size
- 0.14 Acres
Utilities
- Heating system
- Central
Building Details
- Year built
- 1912
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Hardwood
- Architectural style
- Craftsman
Listing agent Cassie Corsaro License #02047543 (714) 864-6615
Listing office Nest Seekers 271 N Canon Drive #1, Beverly Hills, CA (310) 278-8861
Listing date Feb 13, 2026
MLS# 26651923
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Value‑add investment opportunity in a high‑demand Los Angeles rental corridor.
- One vacant unit provides immediate upside through market rent or owner‑user potential.
- Three tenant‑occupied units generate immediate in‑place income.
- Additional long‑term rental growth potential in occupied units.
- Located near Downtown LA, Koreatown, major transit routes, and employment hubs.
- Hardwood floors and central heating.
Overview
This four-unit property, located in Los Angeles, presents a value-add investment opportunity. The property includes one vacant unit and three tenant-occupied units, which generate immediate in-place income. The vacant unit offers immediate upside through market rent placement or owner-user flexibility. Rent will be increased 3% in March. The remaining occupied units offer additional long-term rental growth potential, subject to local regulations and rent control. This property is ideal for investors looking to implement a strategic repositioning plan and increase overall cash flow. All occupied units will be delivered with tenants in place. The property is located in a high-demand rental corridor with strong fundamentals and proximity to Downtown LA, Koreatown, major transit routes, employment hubs, and neighborhood amenities. It offers income stability with upside potential in a core Los Angeles market. The lot size is 0.1435 acres. The property size is 3700 square feet. The zoning is LAR4.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.274505
- Latitude
- 34.046203
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Value-add four-unit property with income potential in Los Angeles.
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 $885,000.
What are key features of this property?
This property features: Value‑add investment opportunity in a high‑demand Los Angeles rental corridor.; One vacant unit provides immediate upside through market rent or owner‑user potential.; Three tenant‑occupied units generate immediate in‑place income.
