2949 W 11th St
Los Angeles, CA 90006

Bd   — Ba   2,132 Sqft
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.
  • Property Type: Single Family
  • MLS#: 16157404
  • MLS:
  • Listing Office: Edward Jesman Realty
  • Listing Broker: Paul Jesman
  • Movoto last checked CRMLS for new data 9 minutes ago
  • CRMLS last updated this listing 1 month ago
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Property History for 2949 W 11th St, 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

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Public Record for 2949 W 11th Street, Los Angeles

Basic Info
Beds : 4
Baths : 4
Building Area : 2,132 Sqft
Quadruplex (4 units, any combination)
Partial Baths :
Rooms :
Lot Size : 1,856 Sqft
Year Built : 1923
Last Sale Price : $321,000
Last Sale Date : 02/27/2009
House Features
As of today, there are 84 properties listed for sale in ZIP code 90006 and 3,493 properties listed for sale in the city of Los Angeles, CA. This property at 2949 W 11th St in 90006 was last listed for $650,000. This is 19% below the current $799,000 median price for Los Angeles and 24% below the median of $850,000 for 90006. Of the 3,493 properties for sale in Los Angeles, 2,843 are single family homes and 650 are condos. 2949 W 11th St is a single family home that is approximately 2,132 square feet, 15% above the Los Angeles median of 1,850 and 21% below the 90006 ZIP code median of 2,693. The price per Sqft was $305 which is 18% below the current median price in 90006 of $370 and 35% below the Los Angeles median of $472 per square foot.

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Get to Know Los Angeles

Built in 1923, this single 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 for $625,000 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 48 with a median list price of $799,000 and median cost per square foot of $472. Its current status is sold under the MLS #16157404.

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