Nami Investment Group is proud to present a 4-unit value-add property near Downtown Los Angeles featuring large ~1,200 SF 1-bedroom units with living, dining, and in-unit laundry areas. The property features potential ADU development behind the building towards the back of the lot. The property is separately metered for gas and electric. Offered at a low $182/SF with a 5.8% cap rate, the building provides day-one cash flow and significant future upside in rents and ADU potential. Two units have been meticulously remodeled to achive high market rents. This is a prime infill location close to major DTLA attractions and employment centers.
Pending
$895,000
1651 W 11th Pl, Los Angeles, CA 90015
4beds
4baths
4,904sqft
:
Get pre-qualified$5,947/mo
Multi Family
Built in 1911
-- sqft lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
In-unit laundry areas
- 141 days |
- 17 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Sean Namigohar DRE # 01949705 310-425-9838,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Source: CLAW,MLS#: 26666377
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- None
Cooling
- Wall Unit(s)
Interior area
- Total structure area: 4,904
- Total interior livable area: 4,904 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
Lot
- Size: 6,128 Square Feet
Details
- Additional structures: None
- Parcel number: 5137019020
- Zoning: LARD1.5
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1911
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $955,087
- Annual tax amount: $12,022
- Date on market: 3/19/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Pending sale | $895,000$183/sqft |
Source:  CLAW #26666377 Report a problem | ||
| 4/28/2026 | Price change | $895,000-3.2%$183/sqft |
Source: CLAW #26666377 Report a problem | ||
| 3/19/2026 | Listed for sale | $925,000+2.8%$189/sqft |
Source: CLAW #26666377 Report a problem | ||
| 8/6/2021 | Sold | $900,000-9.1%$184/sqft |
Source: Public Record Report a problem | ||
| 7/28/2021 | Pending sale | $990,000+2.7%$202/sqft |
Source:  CRMLS #OC21021578 Report a problem | ||
| 2/23/2021 | Sold | $964,000+413%$197/sqft |
Source: Public Record Report a problem | ||
| 10/16/2019 | Listing removed | $1,650 |
Source: Strategic Property Management Inc Report a problem | ||
| 9/27/2019 | Listed for rent | $1,650+17.9% |
Source: Strategic Property Management Inc Report a problem | ||
| 4/13/2018 | Listing removed | $1,400 |
Source: Strategic Property Management Inc - Property # 447003 Report a problem | ||
| 3/15/2018 | Price change | $1,400-6.7% |
Source: Strategic Property Management Inc - Property # 447003 Report a problem | ||
| 12/27/2017 | Listed for rent | $1,500 |
Source: Strategic Property Management Inc - Property # 447003 Report a problem | ||
| 5/21/2001 | Sold | $187,900-37.4%$38/sqft |
Source: Public Record Report a problem | ||
| 6/25/1999 | Sold | $300,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,022 +1.5% | $955,087 +2% |
| 2024 | $11,845 +1.9% | $936,360 +2% |
| 2023 | $11,625 +4.7% | $918,000 +2% |
| 2022 | $11,100 +344.9% | $900,000 +449.6% |
| 2021 | $2,495 -0.6% | $163,767 +1% |
| 2020 | $2,510 | $162,088 +2% |
| 2019 | $2,510 +6.2% | $158,910 +2% |
| 2018 | $2,363 | $155,795 +2% |
| 2017 | $2,363 +24.7% | $152,741 +2% |
| 2016 | $1,894 +2% | $149,747 +1.5% |
| 2015 | $1,857 +1% | $147,498 +2% |
| 2014 | $1,838 | $144,609 +2.5% |
| 2012 | -- | $141,134 +2% |
| 2011 | -- | $138,367 +0.8% |
| 2010 | -- | $137,333 -0.2% |
| 2009 | -- | $137,660 +2% |
| 2008 | -- | $134,961 +2% |
| 2007 | -- | $132,315 +2% |
| 2006 | -- | $129,721 |
| 2005 | -- | $129,721 +4% |
| 2004 | -- | $124,685 +1.9% |
| 2003 | -- | $122,400 +2.6% |
| 2002 | -- | $119,340 |
| 2000 | -- | $119,340 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Pico-Union
Nearby schools
GreatSchools rating
- 4/10Tenth Street Elementary SchoolGrades: 1-5Distance: 0.2 mi
- 2/10John H. Liechty Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Miguel Contreras Learning Complex SchoolGrades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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