1820 W 11th St, Los Angeles is a high cash-flowing,
renovated 9 unit building located near
downtown. The property is currently operating at
a 7.29% CAP Rate and 9.50 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 (5) 1-Bed/1-
Bath and (4) Studio/1-Bath units. 8/9 units have
been extensively renovated, including floors,
cabinets, bathrooms and all major systems.
1820 W 11th St 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.