**MAJOR PRICE REDUCTION & no COVID rent delinquency** Welcome to an exciting opportunity for the right investor! Located within one of Los Angeles's coveted Opportunity Zones, this property is well positioned for major upward redevelopment. Centrally and conveniently located, this 4-plex has immediate access to the 10 Freeway and the METRO Purple Line while also being just a stone's throw to Koreatown's many cultural delights. The current owners have well maintained this steady-income property. 4-plex is currently 100% occupied. Currently a 3.48% CAP Rate, pro forma leases potentially bring the CAP Rate closer to 5%, even with a city reassessment. Each unit is independently metered and tenants currently pay for all expenses including water, gas, electricity, trash, and cable service. Truly an investor's dream, don't wait! **Buyer is advised to independently verify all CAP Rates, investment calculations, and other associated information.
Sold for $820,000
$820,000
2945 W 11th St, Los Angeles, CA 90006
4beds
4baths
2,132sqft
MultiFamily
Built in 1923
-- sqft lot
$864,500 Zestimate®
$385/sqft
$3,193 Estimated rent
Home value
$864,500
$821,000 - $908,000
$3,193/mo
Zestimate® history
Owner options
List your home for rent
$3,193/mo
Rent Zestimate®
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$3,193/mo
Rent Zestimate®
Refinance and save
$5,183/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,183/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall, Gas
Cooling
- Wall
Appliances
- Included: Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: In Unit, Laundry Closet Stacked
Features
- Laundry - Closet Stacked
- Common walls with other units/homes: Attached
Interior area
- Total interior livable area: 2,132 sqft
Property
Parking
- Parking features: On-street
Features
- Levels: Two
Lot
- Size: 2,025 Square Feet
Details
- Parcel number: 5080033014
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1923
Utilities & green energy
- Sewer: In Street
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Other, Fire and Smoke Detection System
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $385/sqft
- Tax assessed value: $836,400
- Annual tax amount: $10,258
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Listing removed | $899,000$422/sqft |
Source:  CLAW #25625413 Report a problem | ||
| 12/9/2025 | Listed for sale | $899,000-10%$422/sqft |
Source: CLAW #25625413 Report a problem | ||
| 10/16/2025 | Listing removed | $999,000-9.2%$469/sqft |
Source:  SDMLS #BB25140927 Report a problem | ||
| 6/26/2025 | Listed for sale | $1,100,000+34.1%$516/sqft |
Source: SDMLS #BB25140927 Report a problem | ||
| 3/28/2024 | Sold | $820,000+2.6%$385/sqft |
Source: Public Record Report a problem | ||
| 3/12/2024 | Contingent | $799,000$375/sqft |
Source: CLAW #23-335185 Report a problem | ||
| 1/27/2024 | Listed for sale | $799,000$375/sqft |
Source: CLAW #23-335185 Report a problem | ||
| 1/12/2024 | Contingent | $799,000$375/sqft |
Source: CLAW #23-335185 Report a problem | ||
| 11/29/2023 | Listed for sale | $799,000-19.7%$375/sqft |
Source: CLAW #23-335185 Report a problem | ||
| 5/23/2022 | Listing removed | -- |
Source: CLAW #22-123309 Report a problem | ||
| 2/7/2022 | Listed for sale | $995,000-0.4%$467/sqft |
Source: CLAW #22-123309 Report a problem | ||
| 12/15/2021 | Listing removed | -- |
Source:  CLAW Report a problem | ||
| 11/11/2021 | Price change | $999,000-9.1%$469/sqft |
Source: CLAW #21725564 Report a problem | ||
| 8/18/2021 | Listed for sale | $1,099,000+92.5%$515/sqft |
Source: CLAW #21725564 Report a problem | ||
| 3/3/2006 | Sold | $571,000+141.9%$268/sqft |
Source: Public Record Report a problem | ||
| 3/5/1999 | Sold | $236,094+2.6%$111/sqft |
Source: Public Record Report a problem | ||
| 11/26/1997 | Sold | $230,000+119%$108/sqft |
Source: Public Record Report a problem | ||
| 9/12/1997 | Sold | $105,000-27.4%$49/sqft |
Source: Public Record Report a problem | ||
| 11/22/1996 | Sold | $144,539$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,258 +8.2% | $836,400 +9.3% |
| 2024 | $9,480 +1.9% | $765,004 +2% |
| 2023 | $9,301 +4.8% | $750,005 +2% |
| 2022 | $8,874 +1.3% | $735,300 +2% |
| 2021 | $8,757 -1% | $720,883 +1% |
| 2020 | $8,845 | $713,492 +2% |
| 2019 | $8,845 +4.6% | $699,503 +2% |
| 2018 | $8,453 | $685,788 +2% |
| 2017 | $8,453 +2.2% | $672,342 +2% |
| 2016 | $8,272 +2.4% | $659,160 +1.5% |
| 2015 | $8,075 +6.8% | $649,259 +2% |
| 2014 | $7,561 | $636,541 +2.5% |
| 2012 | -- | $621,242 +2% |
| 2011 | -- | $609,062 +0.8% |
| 2010 | -- | $604,511 -0.2% |
| 2009 | -- | $605,948 +2% |
| 2008 | -- | $594,068 +2% |
| 2007 | -- | $582,420 +48.8% |
| 2006 | -- | $391,327 |
| 2005 | -- | $391,327 +4% |
| 2004 | -- | $376,133 +1.9% |
| 2003 | -- | $369,240 +123.8% |
| 2002 | -- | $165,000 -10.1% |
| 2000 | -- | $183,600 |
Find assessor info on the county website
Neighborhood: Koreatown
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Nearby schools
GreatSchools rating
- 2/10Los Angeles Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Berendo Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$864,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$864,500
- California
- Los Angeles County
- Los Angeles
- 90006
- Koreatown
- 2945 W 11th St
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Nearby neighborhoods
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