2949 W 11th St
Los Angeles, CA 90006

Bd   — Ba   2,132 Sqft    57 Days
Clean turnkey Fourplex in great Koreatown location just minutes from Downtown Los Angeles. Four 1BR X 1BA units with great rental upside. Tons of new development being built in the immediate area, including a large mixed use project on the block. Building was extensively rehabbed mechanically. Units have tank-less water heaters, granite counter tops, new kitchen cabinets, laminate hardwood flooring and tile. Building is separately metered for electricity and gas. Actual rents are listed. Approximately 25% to 30% upside in rental income for buyer to capitalize on in the future. Property is under Los Angeles rent control.
  • $0 HOA
  • $305/Sqft
  • MLS#16157404 provided by Paul Jesman of Edward Jesman Realty
  • Movoto last checked CRMLS for new data 45 minutes ago
  • CRMLS last updated this listing 9 months ago

Home Features for 2949 W 11th Street , Los Angeles

Year Built: 1923
Lot Size Acres: 0.04
Lot Size Square Feet: 1856
Lot Size Units: Square Feet
Lot Size Area: 1856
Price Per Square Foot: 304.88
Parcel Number: 5080033015
Special Listing Conditions: Standard
Standard Status: Closed
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Compare Similar Homes for 2949 W 11th Street, Los Angeles

Price estimate is $1,370,876 based on the following nearby homes for sale which average $643/Sqft
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YOU
ARE
HERE
2949 W 11th St
  • $650,000
  • Sold

    57 days

  • — Bd
  • — Ba
  • 2,132 Sqft
  • $305 /Sqft
  • 1,856 Sqft Lot
  • Built 1923

Property History for 2949 W 11th Street, Los Angeles

Status
Date
Price
Sold
Oct 24, 2016
$650,000
Active Under Contract
Sep 17, 2016
Listed
Aug 28, 2016
$625,000
#16157404
Sold
Feb 3, 2007
$705,000
Listed
Oct 17, 2006
$705,000
#06-138811

Public Record for 2949 W 11th Street, Los Angeles

4 Beds
4 Baths
2,132 Sqft Building Area
Quadruplex (4 units, any combination)
1,856 Sqft Lot Size
1923 Year Built
$321,000 Last Sale Price
02/27/2009 Last Sale Date

Real Estate Market Statistics for 2949 W 11th Street, Los Angeles

YOU ARE HERE

2949 W 11th Street

No data!
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$625K

2949 W 11th Street

$699K

Wilshire Center - Koreatown

-12% y/y

Wilshire Center - Koreatown

$638K

90006

0% y/y

90006

$985K

Los Angeles

-1% y/y

Los Angeles

See all trends for Los Angeles
2949 W 11th St in 90006 was last listed for $650,000. As of today, , this is 34% below the current median price of $985,500 for the city of Los Angeles, CA and 2% above the median of $638,750 for ZIP code 90006. Right now, there are 27 properties for sale in 90006 and 2,031 properties listed for sale in Los Angeles. Those 2,031 properties are made up of 1,410 single family homes and 621 condos. The square footage of 2949 W 11th St is approximately 2,132, which is 25% above the median size of 1,699 square feet in Los Angeles and 66% above the median size of 1,282 Sqft in ZIP code 90006. This property's price per square foot was $305, which is 37% below the current $482 median in 90006 and 49% below the $602 Los Angeles median.
Built in 1923, this multi family house at 2949 W 11th St, Los Angeles CA, 90006 is approximately 2,132 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $305. 2949 W 11th St is located in the Wilshire Center - Koreatown neighborhood in the Los Angeles Unified School District. The closest school is Los Angeles Elementary School.

2949 W 11th St, Los Angeles CA, 90006 was on the market for 57 days. The median days on the market for properties in this area is 39 with a median list price of $985,500 and median cost per square foot of $602. Its current status is sold under the MLS #16157404.

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