1867 W 11th, Los Angeles, CA 90006
1867 W 11th, Los Angeles, CA 90006
1867 W 11th, Los Angeles, CA 90006
3
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$1,400,000
Est. payment /mo
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11 Beds
8 Baths
6,127 Sqft Lot
New

1867 W 11th Los Angeles, CA 90006

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26223747

Bedrooms 11

Lot Size 6,127 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

**POTENTIAL PROPERTY TAX SAVINGS MILLS ACT PROGRAM** ZONED HPOZ This historic property may qualify for the City of Los Angeles Mills Act Historical Property Contract Program, which can provide eligible property owners with potential annual property tax savings of approximately 40% to 60%. The program is designed to encourage the preservation, rehabilitation, and maintenance of historic properties. Eligibility and actual tax savings are subject to City approval, property qualifications, and applicable program requirements. Charming 4-unit Craftsman-style income property offering timeless architectural character and exceptional investment potential. The property features an attractive unit mix with two 2-bedroom, 1-bathroom units and one 3-bedroom, 3-bathroom unit, and one 4-bedroom, 3-bathroom unit. These units are all spacious and include an additional den, often used by tenants as an additional bedroom, providing added flexibility and enhanced rental value. True to its architectural design, the building showcases classic details such as a wood exterior and graceful architectural accents. The units offer functional layouts filled with natural light, creating comfortable and desirable living spaces. Each unit comes with its own washer and dryer hookups. As a four-unit residential property, this is an ideal opportunity for an owner-user to occupy one unit while generating income from the remaining units, potentially covering most, if not all, of the holding costs. Well-maintained, this property presents a rare blend of character, lifestyle, long-term income, and appreciation

Location

State CA

County Los Angeles

Zoning Assessor

Direction from Olympic make left to Westlake and you will see the property on the corner on Place.

Interior

Fireplace No

Exterior

Utilities Available Sewer Connected

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5136020001

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange


MLS Router / San Diego MLS
Listed by Felipe Aragon, DRE#01224631 Coldwell Banker Realty 

NEARBY SCHOOL & BUSINESS

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Kurt Wannebo

Kurt Wannebo

Broker Associate CA Dre# 01468255

+1(858) 405-5878

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1867 W 11th