Property Description

1118 11th St is an 11-unit building located north of Wilshire Boulevard, in one of the premier residential neighborhoods in the Country. The building was built in 1940 and consists of 6,948 SF of living space situated on a large 7,497 SF lot. The property offers a great unit mix consisting of (1) 3-Bed/1-Bath, (1) 2-Bed/1-Bath, (8) 1-Bed/1-Bath, and (1) Studio. The property also features an on-site laundry facility, (5) 1-car garages, and (3) carports. Located exactly 7 blocks from the 3rd Street Promenade with over 50% in upside rent potential, this is an incredible opportunity for any investor seeking growth, stability, and a hedge against inflation.