1867 W 11th, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
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Los Angeles, California 90006
This Craftsman Quadruplex Asset is listed at $1,625,000, representing a stable acquisition priced fairly against its $1,492,199 Fair Market Value. With a Condition Rating of 5, the property offers a significant Value-Add Opportunity as three of the four units await modernization to capture market-rate rents. The asset features massive 1,500 sqft units and a Favorable Utility Structure with separate water meters and zero seller-paid utilities. Located near the high-performing Hoover Street Elementary School, this high-density income property is a strategic match for Buy-and-Hold Investors or Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1867 W 11th Subject | $1,625,000* List Price | 0 | 0 | 6,630 | $225 | - |
A 1845 W 12th Active | $1,249,000 List Price | 0 | 0 | 4,258 | $293 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1905, this 119-year-old property has only had one of four units renovated in the last decade. The remaining three units are occupied by long-term tenants and likely haven't been updated in over 30 years. Exterior images show deferred maintenance on the roof and siding, while window AC units indicate a lack of modern HVAC systems, suggesting a need for a comprehensive rehab.
The property features separate water meters for all units and the seller pays no utilities, which significantly reduces owner overhead and maximizes net operating income.
Each of the four units offers approximately 1,500 square feet of living space, providing a rare and competitive advantage in the rental market for attracting long-term tenants.
The configuration of two separate buildings with two units each offers increased privacy and a lower-density feel compared to traditional single-block quadruplexes.
With only one unit remodeled a decade ago and the remaining units occupied by long-term tenants, the property likely requires significant capital expenditure to achieve market-rate rents.
Built in 1905, the property may face challenges related to aging systems and potential seismic retrofit requirements common to century-old Craftsman structures in Los Angeles.
Welcome to these charming Craftsman-style units offering over 6,600 square feet of total living space. The property consists of two separate buildings, each featuring two units. One of the units was remodeled approximately ten years ago. All four units are equipped with separate water meters, and tenants pay their own utilities. The owner has proudly maintained ownership of the property for over 20 years.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 6,630 | 2,041 | 86% |
| Lot Size | 6,127 | 5,228 | 71% |
| Price | $1.62M | $875.0K | 86% |
| Price per sq ft | $245 | $429 | 14% |
| Built year | 1905 | 1922 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 220 | 14% |
Apr 14, 2026
$1,625,000
Initial Listing