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6821 11Th Ave, Los Angeles, CA 90043
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6821 11Th Ave Los Angeles, CA 90043

$1,950,000
  • 13 Beds
  • 9 Baths
  • 5,580 Sq.Ft.
For Sale
$1,950,000 Get Pre-Qualified
Map preview of 6821 11Th Ave, Los Angeles, CA 90043

Property Overview: 6821 11Th Ave Los Angeles, CA has 13 bedrooms, 9 bathrooms, 5,580 living square feet and 8,500 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 8-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: security gates, new exterior paint, and 75 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 (26-unit) at 6812 11th Avenue.

Listed by David Berneman | BRE #01912734 | David Berneman
Last checked: 10 minutes ago | Last updated: June 21st, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
8,500
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24403753
City
Los Angeles
County
Los Angeles
Time on Site
12 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,699
  • Total Rent: $2,699
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,679
  • Total Rent: $1,679
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,796
  • Total Rent: $1,796
  • Pro Forma/Market Rent: $2,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.8%
  • Gross Rent Multiplier: 10.8
  • Gross Scheduled Income: --
  • Net Operating Income: $113,120
  • Gross Operating Income: $174,104
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 6821 11Th Ave

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Property Details for 6821 11Th Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Wall Furnace, Central
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community, Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Assigned
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 8
  • Parcel Number: 4006025023
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 6821 11Th Ave

Last leased for $1,595 on June 2nd, 2022

  • June, 2024

  • Jun 13, 2024

    Date

    Canceled

    CRMLS: 24397499

    $1,950,000

    Price

  • Jun 11, 2024

    Date

    Active

    CRMLS: 24397499

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2024

  • Jun 13, 2024

    Date

    Active

    CRMLS: 24403753

    $1,950,000

    Price

  • June, 2022

  • Jun 2, 2022

    Date

    Leased

    CRMLS: 22150429

    $1,595

    Price

  • Apr 26, 2022

    Date

    Active

    CRMLS: 22150429

    $1,595

    Price

  • Listing provided courtesy of CRMLS

    Updated top floor 1bed/1bath with parking. Refrigerator, stove/oven, dishwasher, gated parking.

  • June, 2021

  • Jun 1, 2021

    Date

    Expired

    CRMLS: 21690710

    $1,750

    Price

  • Mar 16, 2021

    Date

    Price Change

    CRMLS: 21690710

    $1,750

    Price

  • Mar 10, 2021

    Date

    Price Change

    CRMLS: 21690710

    $1,775

    Price

  • Feb 9, 2021

    Date

    Active

    CRMLS: 21690710

    $1,795

    Price

  • Listing provided courtesy of CRMLS

    2 bed, 1 bath updated unit! Gated with hardwood, updated kitchen & bath. Laundry in building, pets accepted with deposit. Parking available at additional cost! Some rent promo may apply. No deposit required with approved credit using SayRhino.com deposit insurance. 2 cuartos/1 bano, unidad remodelada! Lavaropas en el edificio, se aceptan mascotas con deposito. No se requiere deposito con credito aprovado usando SayRhino.com aseguranza

  • April, 2021

  • Apr 1, 2021

    Date

    Expired

    CRMLS: 20668464

    $2,495

    Price

  • Jan 27, 2021

    Date

    Price Change

    CRMLS: 20668464

    $2,495

    Price

  • Jan 27, 2021

    Date

    Price Change

    CRMLS: 20668464

    $1,495

    Price

  • Dec 29, 2020

    Date

    Price Change

    CRMLS: 20668464

    $2,695

    Price

  • Dec 8, 2020

    Date

    Active

    CRMLS: 20668464

    $2,795

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled contemporary 3bed/2bath single family home! Situated behind a 4 unit building in a this private home is newly remodeled with all new windows, screens, hardwood flooring, central Air, open floor plan. Stainless steel kitchen with dishwasher, double door refrigerator with ice/water, stove/oven, stainless steel sink, kitchen island. Master bedroom with bath. Updated baths with tile/slate, new contemporary vanity and lighting. Central AIR/HEAT, Parking for 2, Pets weclome!

  • November, 2015

  • Nov 3, 2015

    Date

    Sold (Public Records)

    Public Records

    $985,000

    Price

  • August, 2014

  • Aug 28, 2014

    Date

    Sold (Public Records)

    Public Records

    $825,008

    Price

Show More

Tax History for 6821 11Th Ave

Assessed Value (2020): $1,066,634
Year Land Value Improved Value Assessed Value
2020 $649,458 $417,176 $1,066,634

Home Value Compared to the Market

This property vs the competition

6821 11Th Ave is listed 56.12% 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 $349.46 per/sqft which puts the price per square foot 55.08% lower than the median price per square foot for the city of Los Angeles.

About 6821 11Th Ave

Detailed summary of property

6821 11Th Ave is a multi family located in Los Angeles, CA 90043 and is currently for sale. This multi family property offers 13 bedrooms, 9 bathrooms, roughly 5,580 living square feet, and sits on an approximately 8,500 square foot lot. 6821 11Th Ave was first listed on ArdentRealEstateGroup.com on June 13, 2024. The homeowner is currently asking $1,950,000. 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 56.12% higher than the median priced home. Local competing homes currently for sale include 1152 W 88th St, 7045 S La Cienega Blvd and 4046 Nicolet Ave. While the average home in Los Angeles, CA is selling in 98 days, 6821 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 6821 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 6821 11Th Ave

Public county record property details
Beds
12
Baths
8
Year built
1958
Sq. Ft.
5,580
Lot Size
8,497
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
598
APN
4006-025-023

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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