4 months on rocket

1840 11th Pl, Los Angeles, CA, 90006

$1,775,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1840 11th Pl, Los Angeles$1,775,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built2022
MLS #SB24005846
Lot Size0.10 Acres
StatusActive

About 1840 11th Pl

Built in 1900 but completely gutted with a new CofO in January 2022, 1840 W 11th Pl, Los Angeles is a high cash-flowing, renovated 6 unit building located near Downtown. The property is currently operating at 7% CAP Rate and 9 GRM. This is the ideal opportunity for any buyer looking for a low-maintenance, positive leverage asset with high in place cash flow. The subject property is comprised of (1) 4Bed/4Bath, (1) 3Bed/3Bath and (4) Studio/1Bath units. All units have been extensively renovated, including floors, cabinets, bathrooms and all major systems. 1840 W 11th Pl is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops and restaurants nearby, making it a prime location for renters.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Stories: 2

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 259-7556
  • Listing Agent: Cameron Samimi

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

School Info

Assigned Schools Information:

  • Belmont Senior High School, Public District Grades 9-12
  • Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • John H. Liechty Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Tenth Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Off Alvarado and Pico

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,775,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1840 11th Pl vs Los Angeles

122 DAYS ON ROCKET

+88 Days

$1,775,000

+$788.5K More

KEY TAKEAWAY

This property is $788.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24005846

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 259-7556
  • Listing Agent: Cameron Samimi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2024, 8:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,926

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,388

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2830586
4
/10

  • Tenth Street Elementary School

  • 1000 Grattan St

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-2830587
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.52 miles

  • Public Magnet Grades KG-6

school-card-donut-2830588
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 22.99 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2830589
4
/10

  • John H. Liechty Middle School

  • 650 S Union Ave

  • 0.70 miles

  • Public District Grades 6-8

school-card-donut-2830590
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.59 miles

  • Public District Grades 6-8

High School

school-card-donut-2830591
3
/10

  • Belmont Senior High School

  • 1575 W 2nd St

  • 1.21 miles

  • Public District Grades 9-12

school-card-donut-2830592
3
/10

  • Contreras Learning Center-Academic Leadership Community

  • 322 Lucas Ave

  • 1.24 miles

  • Public District Grades 9-12

school-card-donut-2830593
2
/10

  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 1.24 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,266. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1840 11th Pl

What is the listing price of this property?

The listing price of 1840 11th Pl property is $1,775,000.

What type of property is this?

The property 1840 11th Pl is a condo located in Los Angeles, California, 90006.

Is this property for sale now?

Active Listing: 1840 11th Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1840 11th Pl are:
Tenth Street Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
John H. Liechty Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Belmont Senior High School: GreatSchools Rating 3/10
Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 2/10

Which year was this property built?

The year of construction for 1840 11th Pl is 2022.

Rocket Homes›California›Los Angeles County›Los Angeles›90006›1840 11th Pl

This home is located at 1840 11th Pl in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This home, which was built in 2022, sits on a 0.10 acre lot. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $1,775,000.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources