Los Angeles, CA 90006,1850 W 11th
Los Angeles, CA 90006,1850 W 11th
Los Angeles, CA 90006,1850 W 11th
Los Angeles, CA 90006,1850 W 11th
Los Angeles, CA 90006,1850 W 11th
Los Angeles, CA 90006,1850 W 11th
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Craig Hulbert

Craig Hulbert

+1(858) 752-3447
$ 725,000
Est. payment | /mo

4 Beds

4 Baths

6,113 Sqft Lot

Save
$ 725,000
Est. payment | /mo
Save

4 Beds

4 Baths

6,113 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB25264688

Bedrooms 4

Lot Size 6,113 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

5 unit multi-family property in the Pico Union neighborhood of Los Angeles. First time on market in 30 years. All units occupied by long term tenants. Rents are significantly below market and average $434/unit. Because of the low in place income the property will not qualify for conventional financing. All cash purchase preferred. Beautiful Victorian style architecture. Located in the HPOZ (historical zone). Any new development would need to be approved by the historic preservation staff. Buyer to verify what can be permitted. Dense rental market close to DTLA, The Crypto Arena, LA Live and much more. Large 6,113 sq ft lot. Potential for an ADU to be added in the rear of the property which is currently used for open parking. Individually metered for utilities. Space for onsite laundry facility which would generate additional income. Most if not all of the major building components including roof, electrical and plumbing are approximately 20 years old. Most if not all of the interiors are original to semi original condition.

Location

State CA

County Los Angeles

Zoning Assessor

Direction North of Pico Blvd and East of Alvarado St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5136020017

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Brian Estes Re/Max Commercial & Investment

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Equitas Academy Charter

    Public | KG - 5

  • 9

    Gabriella Charter

    Public | KG - 8

  • 8

    Hoover Street Elementary

    Public | KG - 5

  • 8

    Global Education Academy

    Public | KG - 5

  • 8

    Synergy Charter Academy

    Public | KG - 5

  • 8

    Clifford Street Math & Technology Magent

    Public | KG - 6

  • 7

    Hollywood Primary Center

    Public | KG - 3

  • 7

    New Heights Charter

    Public | KG - 8

  • 7

    Dr. Sammy Lee Medical and Health Science Magnet

    Public | KG - 5

  • 7

    Equitas Academy Charter #2

    Public | 5 - 8

  • 7

    Dorris Place Elementary

    Public | KG - 6

  • 6

    Wilshire Park Elementary

    Public | KG - 5

  • 6

    Van Ness Avenue Elementary

    Public | KG - 5

  • 6

    Kim Elementary School

    Public | KG - 5

  • 6

    Cahuenga Elementary School

    Public | KG - 5

  • 6

    Menlo Avenue Elementary

    Public | KG - 5

  • 6

    Downtown Value

    Public | KG - 8

  • 6

    Micheltorena Elementary

    Public | KG - 5

  • 6

    Thirty-Second Street Usc Performing Arts

    Public | KG - 12

  • 6

    Betty Plasencia Elementary

    Public | KG - 5

Middle Schools 20
  • 8

    Rise Kohyang Middle School

    Public | 6 - 8

  • 7

    Alliance Gertz-Ressler Richard Merkin 6-12 Complex

    Public | 6 - 12

  • 6

    Virgil Middle School

    Public | 6 - 8

  • 6

    New Designs Charter

    Public | 6 - 12

  • 5

    Pico Pico Middle School

    Public | 6 - 8

  • 5

    Synergy Kinetic Academy

    Public | 6 - 8

  • 4

    Foshay Learning Center

    Public | 6 - 12

  • 4

    RFK Community Schools - Ambassador School of Global Leadership

    Public | 6 - 12

  • 4

    Los Angeles Academy of Arts & Enterprise Charter

    Public | 6 - 12

  • 4

    Vista Charter Middle School

    Public | 6 - 8

  • 4

    Alliance College-Ready Middle Academy No. 12

    Public | 6 - 8

  • 4

    John Adams Middle School

    Public | 6 - 8

  • 4

    Dr. Julian Nava Learning Academy - School of Business & Tech

    Public | 6 - 8

  • 3

    Animo Jefferson Charter Middle School

    Public | 6 - 8

  • 2

    Monsenor Oscar Romero Charter Middle School

    Public | 6 - 8

  • 1

    Global Education Academy Middle School

    Public | 6 - 8

  • 1

    Berendo Middle School

    Public | 6 - 8

  • 1

    Young Oak Kim Academy

    Public | 6 - 8

  • 1

    William Jefferson Clinton Middle School

    Public | 6 - 8

  • 1

    John Liechty Middle School

    Public | 6 - 8

High Schools 20
  • 9

    Alliance Dr. Olga Mohan High School

    Public | 9 - 12

  • 9

    Downtown Business High School

    Public | 9 - 12

  • 8

    Wallis Annenberg High School

    Public | 9 - 12

  • 8

    Orthopaedic Hospital

    Public | 9 - 12

  • 7

    Frederick Douglass Academy High School

    Public | 9 - 12

  • 7

    Central City Value

    Public | 9 - 12

  • 7

    Camino Nuevo High No. 2

    Public | 9 - 12

  • 7

    Animo Jackie Robinson High School

    Public | 9 - 12

  • 7

    Alliance College-Ready Academy High No. 16

    Public | 9 - 12

  • 7

    Student Empowerment Academy

    Public | 9 - 12

  • 7

    Ramon C. Cortines School of Visual and Performing

    Public | 9 - 12

  • 6

    Usc Hybrid High School

    Public | 9 - 12

  • 6

    Animo Ralph Bunche High School

    Public | 9 - 12

  • 5

    Belmont Sh-la Teacher Preparatory Academy

    Public | 9 - 12

  • 5

    Camino Nuevo Charter High School

    Public | 9 - 12

  • 5

    Roybal Learning Center

    Public | 9 - 12

  • 4

    RFK Community Schools - Los Angeles High School of the Arts

    Public | 9 - 12

  • 4

    Santee Education Complex

    Public | 9 - 12

  • 4

    Miguel Contreras Learning Complex - School of Business & Tourism

    Public | 9 - 12

  • 4

    Nava College Preparatory Academy

    Public | 9 - 12

School and business data provided by Attom Data.
Craig Hulbert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 752-3447

craig.hulbert@exprealty.com

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1850 W 11th