1651 W 11th PlaceLos Angeles, CA 90015
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$4,083Nami Investment Group is proud to present a 4-unit value-add property near Downtown Los Angeles featuring large ~1,200 SF 1-bedroom units with living, dining, and in-unit laundry areas. The property features potential ADU development behind the building towards the back of the lot. The property is separately metered for gas and electric. Offered at a low $182/SF with a 5.8% cap rate, the building provides day-one cash flow and significant future upside in rents and ADU potential. Two units have been meticulously remodeled to achive high market rents. This is a prime infill location close to major DTLA attractions and employment centers.
| a week ago | Listing updated with changes from the MLS® | |
| a month ago | Price changed to $895,000 | |
| 3 months ago | Listing first seen on site |
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