6023 11th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 0 bed, 0 bath
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Los Angeles, California 90043
This High-Density Development Asset is listed at $875,000, reflecting a strategic premium over its $779,778 Fair Market Value due to its exceptional LAR3 TOC Tier 3 Zoning. Currently holding a Condition Rating of 5 with aging infrastructure, the property’s value lies in the potential to build up to 17 units with significantly reduced parking requirements. Located just two blocks from the Hyde Park Metro Station near SoFi Stadium, the site is primed for high rental demand. This is a sophisticated acquisition for Institutional Developers or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6023 11th Avenue Subject | $875,000* List Price | 0 | 0 | 2,436 | $320 | - |
A 5868 Deane Avenue Sold | $850,000 | 0 | 0 | 2,461 | $345 | 0.5 mi |
B 6333 8th Ave Active | $899,900 List Price | 0 | 0 | 3,080 | $292 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1937, this property consists of four detached units that show significant signs of age and deferred maintenance. The exterior image reveals overgrown landscaping and dated structures, while the listing description and property analysis emphasize its potential for redevelopment into a 17-unit complex. The mention of 'aging infrastructure' requiring 'significant capital expenditure' and the lack of interior photos typically indicate that the kitchens, bathrooms, and major systems are outdated and in need of substantial rehabilitation.
High School: Middle College High School (9/10).
The LAR3 TOC Tier 3 zoning allows for the construction of up to 17 units with significant parking reductions and no subterranean parking requirements, offering massive upside for developers.
Situated just two blocks from the Hyde Park Metro K Line station and near major hubs like SoFi Stadium and LAX, the property is perfectly positioned for high rental demand and accessibility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2436, other record living area = 2360.
The majority of assigned public schools carry low ratings of 1 or 2, which may deter families and impact long-term residential appeal for owner-occupants.
With the original structures dating back to 1937, the property likely requires significant capital expenditure for modernization and maintenance if not immediately redeveloped.
Attention Investors and Owner-Users! | Four Single-Story Free-Standing Homes Located in the Desirable Hyde Park Neighborhood of Los Angeles | Perfect Opportunity for Owner-User | Situated 2 blocks away from the Hyde Park Station for the Crenshaw/LAX Metro Transit Line (K Line) | Area offers easy access to Baldwin Hills Crenshaw Plaza, Kia Form, SoFi Stadium, Intuit Dome, Hollywood Park Casino, Westfield Culver City, Los Angeles International Airport (LAX), The University of Southern California, Crypto Arena, and more | Zoning is LAR3 Transit Oriented Community (TOC) Area Tier 3 Zoning | Build up to 17 Units | Reduced Parking Requirements and Setback Allowances | No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Owner Occupants can Buy Using Residential Conv or FHA Financing.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 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 | 2,436 | 2,436 | 50% |
| Lot Size | 7,587 | 6,627 | 80% |
| Price | $875.0K | $850.0K | 60% |
| Price per sq ft | $359 | $361 | 40% |
| Built year | 1937 | 1937 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 113 | 20% |
Mar 30, 2026
$875,000
Initial Listing
Aug 18, 2004
$173,500
Public Record