5 unit multi-family property in the Pico Union neighborhood of Los Angeles. First time on market in 30 years. All units occupied by long term tenants. Rents are significantly below market and average $434/unit. Because of the low in place income the property will not qualify for conventional financing. All cash purchase preferred. Beautiful Victorian style architecture. Located in the HPOZ (historical zone). Any new development would need to be approved by the historic preservation staff. Buyer to verify what can be permitted. Dense rental market close to DTLA, The Crypto Arena, LA Live and much more. Large 6,113 sq ft lot. Potential for an ADU to be added in the rear of the property which is currently used for open parking. Individually metered for utilities. Space for onsite laundry facility which would generate additional income. Most if not all of the major building components including roof, electrical and plumbing are approximately 20 years old. Most if not all of the interiors are original to semi original condition.
MLS #
CRSB25264688
MLS Source
California Regional MLS
Days on Site
14
Laundry
None
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
1850 W 11th is a Residential Income in Los Angeles, CA 90006. This – square foot property sits on a 6,113 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $725,000 and was built in 1890. This address can also be written as 1850 W 11th, Los Angeles, CA 90006.
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This listing information is up-to-date as of November 21, 2025. For the most current information, please contact Brian Estes, (310) 802-2525