1867 W 11th, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
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This 1905 Craftsman Quadruplex represents a Strong Value Opportunity with a List Price of $1,625,000—positioned well below the $1,720,934 Fair Market Value by 5%. This valuation provides $95,934 in Instant Equity. The asset features a Condition Rating of 4, comprising two buildings with four massive 1,500-square-foot units and separate water meters, ensuring the owner pays zero utilities. While three units house long-term tenants, the substantial square footage and vintage character offer significant rental upside. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Specialists.
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 | $260 | - |
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 moderate renovation needed.
This 1905 Craftsman quadruplex is aged but functional. Only one of the four units was remodeled ten years ago, while the remaining three units are occupied by long-term tenants, suggesting dated interiors and older systems. Given the vintage infrastructure and partial renovation history, the property likely requires minor to moderate updates to meet modern standards.
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 exceptionally large floor plans that are highly competitive in the rental market.
The layout consists of two separate buildings rather than one large block, offering tenants more privacy, natural light, and a residential feel that aids in tenant retention.
With three units occupied by long-term tenants in a 1905-built Los Angeles property, there is likely a significant gap between current and market rents due to RSO restrictions.
Given the 1905 construction date and only one unit being remodeled a decade ago, the property may require substantial capital improvements to aging systems and structural components.
Welcome to this Craftsman style buildings. Each unit is about 1500 square feet. Two Building each building has two units. One unit has been remodeled completely about ten years ago, The rest have long term tenants. All units have separate water meters. Seller does not pay ANY utilities.
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 | 1,900 | 80% |
| Lot Size | 6,127 | 5,100 | 60% |
| Price | $1.62M | $840.0K | 80% |
| Price per sq ft | $245 | $429 | 20% |
| Built year | 1905 | 1922 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 203 | 20% |
Apr 14, 2026
$1,625,000
Initial Listing