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.
  • Days on Movoto: 57
  • Year Built: 1923
  • HOA:
  • $/Sqft: $305
  • Lot: 1,856 Sqft
  • Property Type: Multi Family
  • MLS#: 16157404
  • MLS:
  • Listing Office: Edward Jesman Realty
  • Listed By: Paul Jesman
  • Movoto last checked CRMLS for new data 2 hours ago
  • CRMLS last updated this listing 4 months 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

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

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YOU
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HERE
2949 W 11th St
  • $650,000
  • Sold

    08/28/2016

  • — Bd
  • — Ba
  • 2,132 Sqft
  • $305/Sqft
  • 1,856 Sqft Lot
  • Built 1923
As of , there are 19 properties listed for sale in ZIP code 90006 and 1,884 properties listed for sale in the city of Los Angeles, CA. Those 1,884 properties include 1,315 single family homes and 569 condos. This property at 2949 W 11th St in 90006 was last listed for $650,000. This is 26% below the current median price of $875,000 for Los Angeles and 10% below the median of $725,000 for 90006. 2949 W 11th St is approximately 2,132 Sqft, which is 29% above the Los Angeles median of 1,651 and 27% above the 90006 ZIP code median of 1,680. This property's price per square foot was $305, which is 30% below the current median price in 90006 of $436 and 47% below the Los Angeles median of $574 per square foot.
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 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. Its current status is sold under the MLS #16157404.

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