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6812 11Th Ave, Los Angeles, CA 90043
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6812 11Th Ave Los Angeles, CA 90043

$6,950,000
  • 58 Beds
  • 32 Baths
  • 23,874 Sq.Ft.
For Sale
$6,950,000 Get Pre-Qualified
Map preview of 6812 11Th Ave, Los Angeles, CA 90043

Property Overview: 6812 11Th Ave Los Angeles, CA has 58 bedrooms, 32 bathrooms, 23,874 living square feet and 20,389 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Highly desirable 3-story, 26-unit multifamily asset situated in the Hyde Park neighborhood blocks from up and coming Inglewood. Located walking distance to the new Metro K Line. Property has many upgrades including: seismic retrofit, newer roof, solar central water heater, security gates, vinyl windows, new exterior paint, and 60 percent of the units have renovated interiors with new kitchens, vinyl flooring and baths. The property is a solid investment opportunity with remaining upside and value-add potential to increase rents substantially. This property can also be purchased alongside the property across the street (8-unit) at 6821 11th Avenue. There is also potential to add up to 6 ADUs in the carports and garage area.

Listed by David Berneman | BRE #01912734 | David Berneman
Last checked: 4 minutes ago | Last updated: June 21st, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
20,389
HOA Dues
$0/mo
Year built
1964
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24403751
City
Los Angeles
County
Los Angeles
Time on Site
12 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 26
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,924
  • Total Rent: $1,924
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,541
  • Total Rent: $1,541
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 3
  • # of Units: 11
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,907
  • Total Rent: $1,907
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,550
Unit Breakdown 5
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,322
  • Total Rent: $2,322
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 6
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,162
  • Total Rent: $2,162
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.4%
  • Gross Rent Multiplier: 11.6
  • Gross Scheduled Income: --
  • Net Operating Income: $374,514
  • Gross Operating Income: $580,627
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 6812 11Th Ave

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Property Details for 6812 11Th Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Gas Oven
Interior Features
  • Ceiling Fan(s)
  • Levels: Three Or More
  • Security Features: Automatic Gate, Gated Community, Resident Manager
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 20
  • Has Parking
  • Parking Features: Direct Garage Access, Auto Driveway Gate, Assigned, Driveway
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 26
  • Parcel Number: 4006026041
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Hyde Park Boulevard and Crenshaw Boulevard
View more facts & features

Local Los Angeles Agent

Sale History for 6812 11Th Ave

Last leased for $1,995 on February 15th, 2024

  • June, 2024

  • Jun 13, 2024

    Date

    Canceled

    CRMLS: 24397441

    $6,950,000

    Price

  • Jun 11, 2024

    Date

    Active

    CRMLS: 24397441

    $6,950,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2024

  • Jun 13, 2024

    Date

    Active

    CRMLS: 24403751

    $6,950,000

    Price

  • April, 2024

  • Apr 24, 2024

    Date

    Active

    CRMLS: 24383923

    $2,195

    Price

  • Listing provided courtesy of CRMLS

    2bed/1.5bath + den/office contemporary unit. Dishwasher, microwave, stove/oven, refrigerator, ceiling fan, hardwood flooring. Parking available for 1 and pets welcome. 2nd floor stairs, pets welcome, weight limit.

  • February, 2024

  • Feb 15, 2024

    Date

    Leased

    CRMLS: 24353255

    $1,995

    Price

  • Jan 30, 2024

    Date

    Active

    CRMLS: 24353255

    $1,995

    Price

  • Listing provided courtesy of CRMLS

    2bed/1.5bath contemporary unit. Dishwasher, microwave, stove/oven, refrigerator, ceiling fan, hardwood flooring. Parking available for 1 and pets welcome. Text for showings!

  • July, 2021

  • Jul 23, 2021

    Date

    Leased

    CRMLS: 21733510

    $1,995

    Price

  • May 18, 2021

    Date

    Active

    CRMLS: 21733510

    $1,995

    Price

  • Listing provided courtesy of CRMLS

    Updated contemporary 2bed/1.5 bath at Crenshaw/Florence. Updated kitchen with double door refrigerator, dishwasher, stove/oven, microwave. Open living room with hardwood and new windows/screens. Ceiling fans, parking, pets welcome!

  • June, 2021

  • Jun 29, 2021

    Date

    Expired

    CRMLS: 21725792

    $2,295

    Price

  • May 15, 2021

    Date

    Active

    CRMLS: 21725792

    $2,295

    Price

  • Listing provided courtesy of CRMLS

    Newly updated spacious 3bed/1.5bath apartment just outside of Inglewood. New modern kitchen with granite and stainless steel microwave, stove/oven, refrigerator, dishwasher and sink. Large living room with hardwood flooring, updated windows throughout, ceiling fans, gated property w/parking and laundry on site. Pets okay! Easy to show! Text for showing times and instructions.

  • May, 2021

  • May 15, 2021

    Date

    Canceled

    CRMLS: 21711240

    $2,495

    Price

  • Mar 29, 2021

    Date

    Active

    CRMLS: 21711240

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    Updated 3bed/2bath unit at Crenshaw and Florence. Updated unit with hardwood flooring, refrigerator, stove/oven, microwave, screens, gated parking, controlled access courtyard building, pets okay!

  • April, 2021

  • Apr 5, 2021

    Date

    Pending

    CRMLS: 21696816

    $1,895

    Price

  • Feb 23, 2021

    Date

    Active

    CRMLS: 21696816

    $1,895

    Price

  • Listing provided courtesy of CRMLS

    Updated 2bed/1.5bath contemporary unit. Gated building, newly updated, stainless steel appliances, dishwasher, microwave, stove/oven, refrigerator, ceiling fan, hardwood flooring. Parking available for 1 and pets welcome. Text for showings!

  • March, 2021

  • Mar 1, 2021

    Date

    Expired

    CRMLS: 20656070

    $2,300

    Price

  • Nov 9, 2020

    Date

    Active

    CRMLS: 20656070

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    Large 2bed/1/5 bath remodeled top floor with office/den or possible 3rd bed. Section 8 approved and ready for move in. Updated kitchen and bath with dishwasher, stove, refrigerator, ceiling fans, new flooring. Sunny unit as its top floor. No elevator, parking available. Pets welcome with deposit.

  • December, 2020

  • Dec 4, 2020

    Date

    Expired

    CRMLS: 20578650

    $1,895

    Price

  • Jun 10, 2020

    Date

    Price Change

    CRMLS: 20578650

    $1,895

    Price

  • May 15, 2020

    Date

    Active

    CRMLS: 20578650

    $1,995

    Price

  • Listing provided courtesy of CRMLS

    Remodeled 2 Bedroom 1.5 Bathroom unit with new finishes throughout. The unit features vinyl flooring throughout the common areas of the unit. The bedrooms have brand new carpet and large mirrored closets! The kitchen has been finished with LED lighting, grey quartz counter tops and custom cabinetry with stainless steel handles. The appliance package includes a stove, microwave, refrigerator and dishwasher. On-site Laundry!

  • November, 2020

  • Nov 19, 2020

    Date

    Leased

    CRMLS: 20629694

    $2,150

    Price

  • Sep 29, 2020

    Date

    Price Change

    CRMLS: 20629694

    $2,199

    Price

  • Sep 9, 2020

    Date

    Price Change

    CRMLS: 20629694

    $2,295

    Price

  • Sep 9, 2020

    Date

    Active

    CRMLS: 20629694

    $1,949

    Price

  • Listing provided courtesy of CRMLS

    3bed/1.5bath updated unit with new kitchen with appliances including: stove/oven, refrigerator, microwave and dishwasher. Tile, light fixtures and new flooring throughout. There are two full bedrooms and a bonus room. Gated building fully securitized. Washers/Dryers On-Site, pets okay, parking.

  • February, 2015

  • Feb 2, 2015

    Date

    Sold (Public Records)

    Public Records

    $3,584,000

    Price

  • October, 2013

  • Oct 4, 2013

    Date

    Sold (Public Records)

    Public Records

    $3,818,528

    Price

Show More

Tax History for 6812 11Th Ave

Assessed Value (2020): $3,953,295
Year Land Value Improved Value Assessed Value
2020 $2,197,877 $1,755,418 $3,953,295

Home Value Compared to the Market

This property vs the competition

6812 11Th Ave is listed 456.45% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $291.11 per/sqft which puts the price per square foot 62.58% lower than the median price per square foot for the city of Los Angeles.

About 6812 11Th Ave

Detailed summary of property

6812 11Th Ave is a multi family located in Los Angeles, CA 90043 and is currently for sale. This multi family property offers 58 bedrooms, 32 bathrooms, roughly 23,874 living square feet, and sits on an approximately 20,389 square foot lot. 6812 11Th Ave was first listed on ArdentRealEstateGroup.com on June 13, 2024. The homeowner is currently asking $6,950,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 456.45% higher than the median priced home. Local competing homes currently for sale include 201 N Normandie Ave, 264 S Union Ave and 641 N Hobart Blvd. While the average home in Los Angeles, CA is selling in 98 days, 6812 11Th Ave has a days on market of 13 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 6812 11Th Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6812 11Th Ave

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
23,874
Lot Size
20,383
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
621,624
APN
4006-026-041

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$900,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$1,155,000
Median Sold Price/Sq.Ft.
$718
Total Inventory
98
Median Sale to List Price %
101.76%
Avg Days on Market
19
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (5.56%), Other (11.11%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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