1511 W 11th Place Los Angeles, CA ^$ 1,726,000

1511 W 11th Place

^$ 1,726,000

Back to search

Recently Listed

1511 W 11th Place

Los Angeles, CA, 90015

^$ 1,726,000

Studio Baths1.0 Sq 6,852

Monthly Estimate*

^$ 10,627

Listed by Lyon Stahl Investment Real Estate, Inc.

1511 W 11th Place, Los Angeles, CA 90015 - Image 1

1511 W 11th Place, Los Angeles, CA 90015 - Image 2

1511 W 11th Place, Los Angeles, CA 90015 - Image 3

1511 W 11th Place, Los Angeles, CA 90015 - Image 4

1511 W 11th Place, Los Angeles, CA 90015 - Image 5

1511 W 11th Place, Los Angeles, CA 90015 - Image 6

1511 W 11th Place, Los Angeles, CA 90015 - Image 7

1511 W 11th Place, Los Angeles, CA 90015 - Image 8

1511 W 11th Place, Los Angeles, CA 90015 - Image 9

1511 W 11th Place, Los Angeles, CA 90015 - Image 10

1511 W 11th Place, Los Angeles, CA 90015 - Image 11

View a Virtual Tour

Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,726,000 with 1 full bath. This 6,852 square foot home was built in 1924 on a lot size of 0.1045.

8.20% Cap Rate | Strong In-Place Cash Flow 1511 W 11th Pl presents a rare opportunity to acquire a high-performing 16-unit apartment asset at an exceptional basis in the heart of Pico- Union. Priced at just $107,000 per unit and $250 per square foot, the property offers some of the strongest in-place returns available in the submarket. The building is separately metered for gas and electric and is currently operating at a 7.5 GRM, providing investors with durable day-one cash flow and minimal operational friction. This profile makes the asset ideal for both local investors and 1031 exchange buyers seeking stable income in a dense, supply-constrained market. Ideally located just minutes from Downtown Los Angeles, Koreatown, Silver Lake, and Echo Park, the property benefits from proximity to major employment hubs, consistent rental demand, and ongoing neighborhood revitalization—positioning 1511 W 11th Pl as a compelling long-term hold.

Multi-Family Active

Price

^$ 1,726,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1045

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26007542

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1924

Property Subtype Apartment

Gross Income 228739

Community Features Curbs Suburban Sidewalks Urban

County Los Angeles

Net Operating Income 141561

Operating Expense 80316

Insurance Expense 0

New Construction false

Property Type Residential Income

Contingency Please do not disturb tenants. Contact Aaron Jacobson at 310.729.1559 or aaron@lyonstahl.com.

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions South of Pico Blvd and West of Union Ave

City Los Angeles

Entry Location Front

Senior Community Y/N false

Number Of Units Total 16

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 4551

Listing Terms Cash Cash to New Loan Conventional

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 7

Property Sub Type Additional Apartment

Cap Rate 8.2

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features None

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 0

Lot Size Area 4551

Number of Buildings 1

Building Area Total 6852

Lot Size Acres 0.1045

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 16

Number of Separate Electric Meters 16

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

aaron@lyonstahl.com

Affordability Calculator

$10,627

Per Month

Monthly Principal & Interest: $10,627
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,869,294

Percent of Sale Price 8%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/13/2026	$1,726,000		Listed Price

Map

More homes like this one

homes for you

See all

1511 W 11th Place, Los Angeles, CA, 90015 is a Multi-Family Home for sale at $1,726,000 with 6,852 sqft and a lot size of 0.1045. 1511 W 11th Place is a studio with 1.0 baths and was built in 1924. The property's zip code is 90015 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 1/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1511 W 11th Place

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home