Multi-Family for sale in Southern California — $895,000. 4 beds · 4 baths · 4,904 sqft. Nami 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…
$895,000
1651 W 11th Place, Los Angeles, CA 90015
Nami 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.
Listing updated: June 25, 2026 at 1:58 PM
Listed by: Sean Namigohar, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS#: 26666377, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
4/28/2026 Source: CRMLS, #26666377 | Price change | $895,000$183/sqft0.0% |
| 4/28/2026Source: CRMLS, #26666377 | Pending sale | $895,000$183/sqft-3.2% |
| 3/18/2026Source: CRMLS, #26666377 | Listed for sale | $925,000$189/sqft |
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