USACALos Angeles1511 W 11Th Pl
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1511 W 11th Pl, Los Angeles, CA

Condo

For Sale

Listed price in listed location currency (USD).
$1,726,000

000

MLS® SB26007542

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1924
MLS® Number SB26007542

Property Address: 1511 W 11th Pl, Los Angeles, CA, 90015-4512

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberSB26007542
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1924
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 13, 2026List Date
$1,726,000List Price

Home Appraisal

This property is estimated to sell between: $616,000 and $2,281,000.
Similar properties in this area sold on average for: $616,300
Expected to sell in 134 days. Similar properties sold in 134 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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1511 W 11 Th Pl, Los Angeles, CA

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