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Six-Unit Bungalow Apartment Building
For Sale
Contact for pricing
Pending

1850 W 11th Place, Los Angeles, CA 90006

Separately metered utilities and individual water heaters support unit-level operations.

Property SizeContact for details
Days on Market145

Property Features for 1850 W 11th Place

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 4 x 1BR, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 6

Additional Details

Utilities to Site Yes

Amenities

restricted access
individual water heaters

Building Details

Buildings 5
Construction bungalow style
Listing Agency: Peyman Zargari
Listed By: Peyman Zargari · License #CA 01872402
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Sep 1 at 11:18AM

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 Peyman Zargari

Investment Insights

Based on property information with market context.

This six-unit apartment property combines four detached one-bedroom California bungalows with a Craftsman-style house configured as two rear residences. The additional units include one two-bedroom, one-bath residence and one one-bedroom, one-bath residence. Raised foundations, separate gas and electric meters, and individual water heaters are included across the property. The sale is offered in its existing as-is, where-is condition.

The property is positioned two blocks south of Olympic and two blocks east of Alvarado in Los Angeles. LA Live, the Convention/Staple Center, restaurants, and shopping are within minutes. Access to the property is restricted.

Key Highlights

  • Six‑unit apartment property with four freestanding one‑bedroom California bungalows
  • Craftsman‑style house divided into two rear units: one 2Bed/1Bath and one 1Bed/1Bath
  • Gas and electricity separately metered for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,257
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 - Separately metered utilities and individual water heaters support unit-level operations.
Where is this apartment building located?
The property is located at 1850 W 11th Place Los Angeles, CA.
What are key features of this property?
This property features: Six‑unit apartment property with four freestanding one‑bedroom California bungalows; Craftsman‑style house divided into two rear units: one 2Bed/1Bath and one 1Bed/1Bath; Gas and electricity separately metered for each unit
More about this property
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