Built in 1900 but fully renovated in 2023. 1840 W 11th Pl, Los Angeles is a high cash-flowing,
renovated 6 unit PATH
(Government Housing) building located near
Downtown. The property is currently operating at
7% CAP Rate and 9 GRM. This is the ideal
opportunity for any exchange buyer looking for a low maintenance,
high-cash flow asset where they can
park their money.
The subject property is comprised of Studio/1-Bath
units. All units have been extensively renovated,
including floors, cabinets, bathrooms and all major
systems.
1820 W 11th Pl is conveniently located just minutes from
Downtown Los Angeles, with easy access to the 10 and
110 freeways. There are many shops and restaurants
nearby, making it a prime location for renters.