For MLS Listing search, use a # symbol (ex. #111111)
4 more photos
6401 11th Avenue, Los Angeles, CA 90043$845,000
$298 / ft2
Listing provided courtesy of Jonathan Weir, Marcus & Millichap
As of Nov 15th price reduced and going in cap rate 5.10% and 12.7 GRM. Best income metrics in the area and priced to SELL. We are pleased to present 6401 11th Avenue, a 4-unit investment property in Los Angeles, California. The property is located between Hyde Park Boulevard and 63rd Street just around the corner from Hyde Park Elementary School. This area is a solid majority-renter market with low vacancy rates. 6401 11th Avenue consists of three 1 bedroom units and one 2 bedroom 1 bathroom unit. All of the units are separately metered for gas and electricity. The property also offers four single car garages. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.