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.
  • MLS#16157404 provided by Paul Jesman of Edward Jesman Realty
  • Movoto last checked CRMLS for new data 11 minutes ago
  • CRMLS last updated this listing 11 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
Exterior
Number Of Buildings: 1
Building Area Total: 2132
Number Of Units Total: 4
Amenities / Utilities
Appliances: Refrigerator
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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

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

No data!
Wilshire Center - Koreatown
Los Angeles
90006
2949 W 11th Street
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$625K

2949 W 11th Street

$699K

Wilshire Center - Koreatown

0% y/y

Wilshire Center - Koreatown

$659K

90006

2% y/y

90006

$998K

Los Angeles

0% y/y

Los Angeles

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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
2949 W 11th St is a multi family home located in 90006 in Los Angeles, CA. It was last listed for $650,000, which is 1% below the current market median of $659,750 in 90006 and 35% below the market median of $998,500 in Los Angeles. 2949 W 11th St is approximately 2,132 Sqft, which is 23% above the median size in Los Angeles of 1,731 square feet and 62% above the median size in 90006 of 1,316 square feet. This property's price per square foot was $305, which is 40% below the current median in 90006 of $510 and 50% below the Los Angeles median of $615. As of today, , there are 31 properties listed for sale in ZIP code 90006 and 2,058 properties listed for sale in the city of Los Angeles. Of those 2,058 properties, there are 1,444 single family houses and 614 condos.
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 $650,000 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 $998,500 and median cost per square foot of $615. Its current status is sold under the MLS #16157404.

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