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2323 W 11th St

Los Angeles CA 90006

9
21
12642 sq. ft.
6290 sq. ft.
Other
Currently for sale - view listing

Overview

Investment Opportunity 21-Unit Vintage Multifamily. Adjacent to Koreatown. Step into a rare chance to own a cash-flowing, low-maintenance multifamily asset in one of Los Angeles' most dynamic rental markets. This 21-unit, 3-story brick building offers investors stable income today with substantial upside tomorrow. Unit mix includes 9 spacious one-bedroom apartments + 12 efficient singles. Prime Location adjacent to Koreatown, minutes from Downtown LA, USC, and major transit corridors. Strong Renter Demand surrounded by a dense, vibrant neighborhood with endless dining, shopping, and nightlife. Cash Cow where current tenancy provides steady, reliable cash flow with minimal management headaches. Upside Potential with current below market rents. Vintage architecture with room for modernization, rental growth, and value-add strategies. Low Turnover and easy-to-manage tenants create a stable ownership experience. This property is positioned in one of LA's fastest-growing submarkets, attracting professionals, students, and long-term renters alike. Koreatown continues to experience rising rents, strong absorption, and revitalization projects, making this asset a prime opportunity for long-term appreciation. Ideal for value-add investors seeking to unlock untapped potential while benefiting from strong in-place income

Features

9 bedrooms
21 bathrooms
12642 sq. ft. floor area
6290 sq. ft. lot size
Other

Property history for 2323 W 11th St

2006
Sold
$964,849
23 Mar 2006

Happy sellers in Los Angeles

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Local market activity for 9 bedroom other properties in Los Angeles

In the last 12 months, 1 nine-bedroom other similar to 2323 W 11th St, have been sold.

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