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Los Angeles 8-Unit Investment Property
For Sale
$1,599,900

6821 11th Ave, Los Angeles, CA 90043

8-unit investment property in Park Hills Heights, Los Angeles.

Property Size5,580 SF
Days on Market222

Property Features for 6821 11th Ave

General Information

Standard status Active
Size 5,580 SF
Property subtype MULTI_FAMILY

Building Details

Building Size 5,580 SF
Year Built 1958
Listing Agency: Selling OC Real Estate
Listed By: Cameron Davis · License #01449829
Source: Milsteinestates
Added: Mar 5 Changed: Oct 3 Last Checked: Oct 13 at 1:30AM

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 Selling OC Real Estate

Investment Insights

Based on property information with market context.

This investment property features eight units in the Park Hills Heights neighborhood of Los Angeles. The property includes two separate buildings. The main building contains seven units with a mix of one- and two-bedroom layouts. Additionally, there is a newly constructed three-bedroom, two-bath bungalow located at the rear of the property. Each unit is assigned a gated parking space. An on-site laundry room provides additional monthly income. Most of the units have been renovated in recent years. The property is gated and features a manicured front yard, enhancing its curb appeal. The property benefits from a low vacancy rate and cooperative tenants, with potential for increased rental income.

Key Highlights

  • 8‑unit investment property in up‑and‑coming Park Hills Heights.
  • Includes a newly‑built 3‑bedroom/2‑bath bungalow in addition to the main building's 7 units.
  • Gated property with assigned parking** for each unit.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Pharmacy

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

Location Intelligence

Trade Area within ½ mile

899
Businesses Nearby

Demographics for 90043, CA

46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - 8-unit investment property in Park Hills Heights, Los Angeles.
Where is this apartment building located?
The property is located at 6821 11th Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,599,900.
What are key features of this property?
This property features: 8‑unit investment property in up‑and‑coming Park Hills Heights.; Includes a **newly‑built 3‑bedroom/2‑bath bungalow** in addition to the main building's 7 units.; Gated property with assigned parking** for each unit.
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