$845,000
5 Bed
2,835 Sqft
7,573 Sqft Lot

6401 11th Avenue, Los Angeles, California 90043

  • Residential Income Property Type
  • 33 Days Time On Market
  • 2,835 Sqft Square Footage
  • 4 Cars Garage
  • 1939 Year Built
Property Description

As of Nov 15th price reduced and going in cap rate 5.10% and 12.7 GRM. Best income metrics in the area and priced to SELL. We are pleased to present 6401 11th Avenue, a 4-unit investment property in Los Angeles, California. The property is located between Hyde Park Boulevard and 63rd Street just around the corner from Hyde Park Elementary School. This area is a solid majority-renter market with low vacancy rates. 6401 11th Avenue consists of three 1 bedroom units and one 2 bedroom 1 bathroom unit. All of the units are separately metered for gas and electricity. The property also offers four single car garages. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

Basic Details
Residential Income
For Sale
22208607
$845,000
5
2,835 Sqft
1939
7,573 Sqft
Active
Features
: Wall Furnace
: 4
: Garage, Door-single
$0
Address Map
California
Los Angeles
Los Angeles
90043
6401 11th Avenue
0
W119° 40' 13.1''
N33° 58' 54.1''
MLS Addon
Marcus & Millichap
Jonathan Weir
$0
4
2,835 Sqft
$0
5.1
33
Hyde Park Blvd & 11th Ave
$0
Del Sol Hs
1
1
$0
Woodbury C. W.
1
4006010019
1
: Standard
1
$0
LAR3
Agent info
Isidro Nunez
Alturas Realty
Contact Agent

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