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2945 W 11th Street, Los Angeles, California 90006, Los Angeles, 90006 - bed, bath

2945 W 11th Street, Los Angeles, California 90006 home-pic-0
ACTIVE$999,000
2945 W 11th Street, Los Angeles, California 90006
0Bed
0Bath
2,132Sqft
2,025Lot
Year Built
1923
Close
-
List price
$999K
Original List price
$1.1M
Price/Sqft
$469
HOA
-
Days on market
-
Sold On
-
MLS number
BB25144619
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $999.0K(50th), sqft - 2132(33th), beds - undefined(50th), baths - undefined(50th).

Welcome to 2945 W 11th Street — a classic 1920s fourplex offering vintage charm and modern upgrades in one of Los Angeles’ most dynamic neighborhoods. This 2,132 sq ft building sits on a 2,025 sq ft LAR4-zoned lot and features four (4) well-laid-out 1-bedroom, 1-bathroom units, each approximately 533 sq ft. Each unit is separately metered for gas, electricity, and water, and comes equipped with its own water heater, washer, and dryer—a rare find that tenants love. One of the units has been beautifully renovated, featuring new flooring, custom cabinetry, an updated tiled bathroom, and stylish modern fixtures. The property also boasts a new roof installed in 2022, offering peace of mind to investors and buyers alike. Located in the rapidly evolving Koreatown district, this property is surrounded by some of LA’s most exciting dining, shopping, and entertainment spots, with easy access to Hollywood and Downtown LA. With a Walk Score of 94, this location is truly a Walker’s Paradise—steps away from local favorites like Monty’s Good Burger, Park’s BBQ, California Marketplace, and more. Property to be sold with tenants in place. This is a great investment opportunity.

Nearby schools

/10
Mariposa-Nabi Primary Center
Public,•K-2•0.2mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•0.2mi
3/10
Los Angeles Elementary School
Public,•K-5•0.3mi
3/10
Wilton Place Elementary School
Public,•K-5•0.9mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.2mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•1.3mi
3/10
Berendo Middle School
Public,•6-8•0.5mi
5/10
Pio Pico Middle School
Public,•6-8•1.0mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.6mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.7mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.7mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.7mi
4/10
West Adams Preparatory High School
Public,•9-12•1.0mi
4/10
Los Angeles Senior High School
Public,•9-12•1.8mi

Price History

Date
Event
Price
09/12/25
Price Change
$999,000
07/03/25
Listing
$1,100,000
03/28/24
Sold
$820,000
03/03/06
Sold
$571,000
11/26/97
Sold
$230,000
Condition Rating
Fair
Built in 1923, this property is over 100 years old. While it boasts a new roof installed in 2022 and one of the four units has been beautifully renovated with new flooring, custom cabinetry, and an updated tiled bathroom, the description implies the other three units are not similarly updated. The exterior, though maintained, shows its age. The property is functional and has received some significant updates, but the majority of the units likely require further modernization to meet current standards, aligning with the 'aged but maintained through regular upkeep and occasional updates' criteria for a 'Fair' rating.
Pros & Cons

Pros

Strong Investment Opportunity: As a quadruplex in a dynamic Los Angeles neighborhood, this property is explicitly positioned as a 'great investment opportunity' for residential income.
Exceptional Location & Walkability: Located in the 'rapidly evolving Koreatown district' with an impressive 'Walk Score of 94,' offering unparalleled access to dining, shopping, entertainment, and public transit.
Tenant-Friendly Features & Cost Efficiency: Each unit is 'separately metered' for utilities and includes its own 'water heater, washer, and dryer,' a rare and highly desirable amenity for tenants that also reduces landlord operating costs.
Recent Capital Improvements: The installation of a 'new roof in 2022' provides significant peace of mind for investors, indicating proactive maintenance and reducing immediate major capital expenditures.
Blend of Vintage Charm & Modern Upgrades: The property retains its 'classic 1920s fourplex' character while benefiting from 'modern upgrades,' including one 'beautifully renovated' unit, appealing to a broad tenant base.

Cons

Small Lot Size: The '2,025 sq ft LAR4-zoned lot' is relatively small for a fourplex, potentially limiting outdoor space or future expansion/development opportunities.
Age of Building: Built in '1923,' the property's age, despite recent roof replacement, may imply potential for older infrastructure (e.g., plumbing, electrical systems) that could require future maintenance or upgrades.
Tenants in Place: Being 'sold with tenants in place' can complicate a buyer's immediate plans for owner-occupancy or comprehensive renovations across all units, and navigating tenant rights in Los Angeles can be complex.

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