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3171 W 11th St

3171 W 11th St Los Angeles, CA 90006

Multi-Family (2-4 Units) MLS #: 24-450909 Courtesy Of Keller Williams Larchmont

$1,800,000

2 beds | 2,088 sq ft
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Estimated monthly payments: $7,868/mo.* (recalculate)
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Property InformationDescription

Exceptional Koreatown Duplex with Development Potential! Located in the vibrant heart of Koreatown, this LAR4-zoned property sits on a 7,316 sqft lot, offering immense potential for both investors and developers. The existing duplex functions as two 2 bed / 1 bath units, each approximately 1,000 sqft with full kitchens, separate living rooms, and in-unit washer/dryer rooms. The property also includes 6 gated parking spaces for convenience and security. Currently, both units generate a combined rental income of $4,000 per month ($2,000 each).Exciting development plans are in place for an 8-unit, 3-story apartment complex. This project, ready to be issued, includes:Ground floor with 12 parking spaces. Second and third floors featuring 4 units each: 3 units (1 bed/1 bath) and 1 unit (2 bed/2 bath) per floorA rooftop outdoor space for added tenant appeal. This is an ideal opportunity to secure a prime property with significant rental income and development upside in one of LA's most desirable neighborhoods.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Lot Size: 0.17 Acres

MAP & DIRECTIONS

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3171 W 11th St, Los Angeles, CA 90006
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School Information

3171 W 11th St, Los Angeles, CA 90006

Elementary School
Grades KG-5 | Public School
LOS ANGELES ELEMENTARY
Los Angeles, CA 90006
1211 S Hobart Blvd
323.­734.8233
Distance: 0.2 mi
School Rating
C-
Student:Teacher Ratio
20:1
Total Students
543
Middle School
Grades 6-8 | Public School
PICO PICO MIDDLE SCHOOL
Los Angeles, CA 90019
1512 Arlington Ave
323.­733.8801
Distance: 0.6 mi
School Rating
C-
Student:Teacher Ratio
17:1
Total Students
403
High School
Grades 9-12 | Public School
WEST ADAMS PREPARATORY HIGH SCHOOL
Los Angeles, CA 90007
1500 W Washington Blvd
323.­373.2500
Distance: 1.3 mi
School Rating
D+
Student:Teacher Ratio
17:1
Total Students
1151
Other Nearby Schools Distance Type Grades School Rating
Vista Horizon Global Academy 0.3 mi Public KG-5
Hobart Boulevard Elementary School 0.3 mi Public KG-5 C
Bishop Conaty-our Lady Of Loretto High School 0.4 mi Private 9-12
Sound Of Music Preschool 0.5 mi Private PK-KG
Mariposa - Nabi Primary Center 0.5 mi Public KG-2
Wilton Place Elementary 0.6 mi Public KG-5 C
St Thomas The Apostle Elementary School 0.7 mi Private KG-8
Brawerman Elementary East Of Wilshire Blvd Temple 0.8 mi Private KG-6
Rfk Community Schools - Ambassador School Of Global Education 0.8 mi Public KG-5 D
Rfk Community Schools - New Open World Academy 0.8 mi Public KG-12 C-
Wilshire Park Elementary 0.8 mi Public KG-5 A
Monsenor Oscar Romero Charter Middle School 0.8 mi Public 6-8 D
Berendo Middle School 0.8 mi Public 6-8 C-
Korean Baptist Church School 0.8 mi Private PK-TKG
Rfk Community Schools - Ucla Community School 0.9 mi Public KG-12 C+
Rfk Community Schools - School For The Visual Arts & Humanities 0.9 mi Public 9-12 C+
Rfk Community Schools - Ambassador School Of Global Leadership 0.9 mi Public 6-12 C
Rfk Community Schools - Los Angeles High School Of The Arts 0.9 mi Public 9-12 C+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90006

Median Age: 36.7
Married: 35%
Number of Households: 19,363
Households with Children: 31.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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