3148 W 11th Street, Los Angeles, California 90006, Los Angeles, 90006 - 4 bed, 2 bath

3148 W 11th Street, Los Angeles, California 90006 home-pic-0
ACTIVE$1,148,000
3148 W 11th Street, Los Angeles, California 90006
4Beds
2Baths
1,672Sqft
5,402Lot
Year Built
1908
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
$687
HOA
-
Days on market
-
Sold On
-
MLS number
25563667
Home ConditionGood
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.15M(80th), sqft - 1672(50th), beds - 4(50th), baths - 2(50th).

Rebuilt and EXCEPTIONALLY UPGRADED property in the heart of KOREATOWN, offering a RARE combination of quality craftsmanship, development potential, and EXCELLENT LOCATION. Redone from the ground up on a 1,420 sq ft foundation with an additional 252 sq ft of new construction, this 1,672 sq ft residence with 2 units (structurally divided into two mirrored 2br/1ba units) showcases premium finishes throughout. Inside, you'll find 3/4" real cherry wood flooring, elegant crown molding - even inside the closets - and soaring 9-foot ceilings that create a bright, open ambiance. Thoughtfully modernized, the home features dual central HVAC systems, all-new copper plumbing and electrical wiring, a brand new main sewer line completed in 2022, over 38 dimmable recessed LED lights, and double-pane windows with screen shades. The gated front yard, automatic sliding iron gate, CCD security camera system, and 10-foot steel post with electrical outlet for signage offer both privacy and business-ready infrastructure. Enjoy outdoor living with beautifully crafted 2x6 redwood patio sun covers at both the front and rear entrances. ZONED R4, this property provides INCREDIBLE FLEXIBILITY - live, work, build, or invest. Whether you're looking to develop an apartment or condo project, run a professional office or preschool, or enjoy a turnkey live/work space, the opportunity is truly unmatched. All of this is just steps from Koreatown's vibrant shopping, dining, and markets - walkable, central, and full of potential. PROPERTY IS BEING SOLD AS-IS.

Nearby schools

3/10
Los Angeles Elementary School
Public,K-50.2mi
3/10
Hobart Boulevard Elementary School
Public,K-50.2mi
/10
Mariposa-Nabi Primary Center
Public,K-20.5mi
3/10
Wilton Place Elementary School
Public,K-50.7mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,K-51.0mi
2/10
Twenty-Fourth Street Elementary School
Public,K-51.1mi
5/10
Pio Pico Middle School
Public,6-80.7mi
3/10
Berendo Middle School
Public,6-80.8mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-81.2mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,6-120.9mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,9-120.9mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,9-120.9mi
4/10
West Adams Preparatory High School
Public,9-121.3mi
4/10
Los Angeles Senior High School
Public,9-121.5mi

Price History

Date
Event
Price
11/21/11
Sold
$235,000
Condition Rating
Good

The property, although built in 1908, has been rebuilt and exceptionally upgraded. The listing mentions new copper plumbing, electrical wiring, HVAC systems, and a new sewer line. The images show modern interiors, updated bathrooms, and a functional kitchen with stainless steel appliances. While not brand new, the extensive renovations bring it to a 'good' condition, move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Complete Renovation: The property has been rebuilt and exceptionally upgraded from the ground up, ensuring modern standards and quality.
Development Potential: Zoned R4, the property offers incredible flexibility for development, including apartments, condos, or commercial use.
Prime Location: Located in the heart of Koreatown, providing easy access to shopping, dining, and markets.
High-Quality Finishes: Features premium finishes such as real cherry wood flooring, elegant crown molding, and 9-foot ceilings.
Modern Systems: Equipped with dual central HVAC systems, new copper plumbing and electrical wiring, and a new main sewer line.

Cons

As-Is Condition: The property is being sold as-is, which may require potential buyers to address any existing issues.
Lot Size: The lot size is relatively small at 5402 sq ft, which may limit outdoor space or expansion possibilities.
Original List Price Reduction: The property has experienced a price reduction from its original list price, which could indicate market resistance or perceived overpricing.

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