1663 W 11Th Pl Los Angeles, CA 90015

$--

-- Beds
-- Baths
12,504 Sq.Ft.

Off Market

Map preview of 1663 W 11Th Pl, Los Angeles, CA 90015

Property Overview: 1663 W 11Th Pl Los Angeles, CA has -- bedrooms, -- bathrooms, 12,504 living square feet and 7,415 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1663 W 11Th Pl is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1663 W 11Th Pl

Last sold on May 1st, 2018

March, 2021
Mar 30, 2021

Date

Canceled

CRMLS: 20558254

$3,700,000

Price
Feb 8, 2021

Date

Pending

CRMLS: 20558254

$3,700,000

Price
Sep 11, 2020

Date

Price Change

CRMLS: 20558254

$3,700,000

Price
Sep 8, 2020

Date

Pending

CRMLS: 20558254

$4,100,000

Price
Feb 27, 2020

Date

Active

CRMLS: 20558254

$4,100,000

Price
Listing provided courtesy of CRMLS

I am pleased to present the opportunity to acquire 1663 West 11th Place, a 26-unit apartment community situated less than one mile from Downtown Los Angeles. Originally built in 1914, the subject property features on-site laundry, rooftop solar panels, and is individually metered for electric. Available at an attractive 4.96% Cap Rate and 11.93 GRM on current income and expenses, the property allows an investor to acquire a sizable apartment community in an improving location. 1663 West 11th Place is well positioned to provide immediate and consistent returns for investors. The property offers investors a unique opportunity to acquire immediate scale with excellent in-place returns and rental upside remaining. *The property currently operates as 26 units; however, the original certificate of occupancy indicates there are 25 apartment units while the LA County Assessor's records indicate there are 29 units at the property. Buyer must conduct their own due diligence regarding this matter

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May, 2018
May 1, 2018

Date

Sold (Public Records)

Public Records

--

Price
November, 2012
Nov 30, 2012

Date

Sold (Public Records)

Public Records

$1,630,000

Price

Tax History for 1663 W 11Th Pl

Assessed Value (2020): $1,838,529

Year	Land Value	Improved Value	Assessed Value
2020	$1,125,982	$712,547	$1,838,529

About 1663 W 11Th Pl

Detailed summary of property

1663 W 11Th Pl is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90015 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 12,504 living square feet, and sits on an approximately 7,415 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 900 W Olympic Blvd #38f, 900 Olympic Blvd #27G and 900 W Olympic Blvd #32F. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1663 W 11Th Pl Los Angeles, CA 90015 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1663 W 11Th Pl

Public county record property details

Beds: --
Baths: --
Year built: 1914
Sq. Ft.: 12,504
Lot Size: 7,415
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 14
APN: 5137-019-018

The source for these homes facts are from public records.

90015 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$745,000

Median List Price/Sq.Ft.

$704

Median Sold Price

$460,000

Median Sold Price/Sq.Ft.

$519

Total Inventory

Median Sale to List Price %

102.22%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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