6409 11th Ave, Los Angeles, California 90043, Los Angeles, 90043 - bed, bath

6409 11th Ave, Los Angeles, California 90043 home-pic-0
ACTIVE$1,300,000
6409 11th Ave, Los Angeles, California 90043
0Bed
0Bath
2,698Sqft
7,574Lot
Year Built
1921
Close
-
List price
$1.3M
Original List price
$13M
Price/Sqft
$482
HOA
-
Days on market
-
Sold On
-
MLS number
IG25187420
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.30M(88th), sqft - 2698(88th), beds - undefined(50th), baths - undefined(50th).

OPPORTUNITY OPPORTUNITY OPPORTUNITY KNOCKS!!! ***OLYMPICS ARE COMING!! - WHERE WILL YOUR INVESTMENT DOLLARS BE???** ** LIVE IN ONE RENT OUT THE REST!!! ***COME BE A PART OF THE EVERY GROWING HEART OF THE LOS ANGELES COMMUNITY -SINGLE STORY - GREAT FOR RETIREES - SENIORS FACILITY? CHILD CARE? -2 UNITS VACANT AT CLOSE OF ESCROW !!! ** Income-producing property with higher income potential. Tax records show this as a triplex with a Front unit 2+1, Middle 2+1- & Rear Unit 3+2 - Long pathway to rear units, Also note: the area near the carport is another 400-500sq ft that is not counted in agent footage of this property and possible space ***ROOM FOR ADDITIONAL UNITS, ADU, LAUNDRY FACILITY OR TEAR DOWN AND GET PERMITTED FOR 8 UNITS ??? average rent prices can vary, the range of two-bedroom apartments in the $2,300 to $3,200 range - OFF STREET PARKING - CARPORTS ** 2 UNITS WILL BE VACANT AT CLOSE OF ESCROW!! Owners collect 3/2 ($2666) not a full of their potential!!!!! 3/2 2Unit, . This rear tenant wants to remain after the sale of the Property and is receiving subsidized housing, & will be sold as-is, with NO Repairs by the Seller. Unit 1 = 2+1 = Unit 2 = 2+1 = Unit 3 = 3+2 = Centrally Located near Schools, newly developed Sports Stadium, Restaurants, Shopping Centers, Markets, and places of Worship and the City of Inglewood. **Drive by ONLY ** DO NOT WALK ON PROPERTY OR DISTURB TENANTS** Call Agent for more details NOTE: The owners want an agent to disclose the Buyer to verify all MLS information including permits & uses parking, bed/bath counts, Square footage, schools, and their enrollment availability. The buyer is advised to investigate all aspects of the property & verify the accuracy of all information provided.

Nearby schools

2/10
Yes Academy
Public,K-50.2mi
2/10
Fifty-Ninth Street Elementary School
Public,K-50.7mi
4/10
Centinela Elementary School
Public,K-61.0mi
3/10
Seventy-Fourth Street Elementary School
Public,K-51.0mi
3/10
Angeles Mesa Elementary School
Public,K-51.1mi
1/10
Lane (Warren) Elementary School
Public,K-61.1mi
2/10
Fifty-Fourth Street Elementary School
Public,K-51.1mi
3/10
Windsor Hills Math Science
Public,K-51.8mi
2/10
Forty-Second Street Elementary School
Public,K-51.8mi
1/10
Horace Mann Junior High School
Public,6-81.1mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.8mi
2/10
Audubon Middle School
Public,6-81.9mi
2/10
Crozier (George W.) Middle School
Public,7-82.5mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.6mi
/10
Monroe (Albert F.) Middle School
Public,6-82.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-121.1mi
2/10
Inglewood High School
Public,9-122.0mi
2/10
George Washington Preparatory High School
Public,9-123.3mi
9/10
Middle College High School
Public,9-126.0mi

Price History

Date
Event
Price
08/20/25
Price Change
$1,300,000
08/19/25
Listing
$13,000,000
Condition Rating
Poor

Built in 1921, this property is over 100 years old. While the single image shows some cosmetic updates like laminate flooring, white kitchen cabinets, and granite-like countertops, these appear to be superficial. The description explicitly states the property will be sold 'as-is, with NO Repairs by the Seller' and highlights the potential to 'TEAR DOWN AND GET PERMITTED FOR 8 UNITS', strongly indicating that the property's value lies primarily in the land and its redevelopment potential. This suggests significant underlying issues or outdated major systems (plumbing, electrical, HVAC) that would require substantial repairs and rehabilitation, aligning with the 'Poor' condition category.
Pros & Cons

Pros

Income-Generating Triplex: A proven income-producing triplex with two units delivered vacant at close of escrow, offering immediate opportunity to set market rents or for owner-occupancy.
Significant Development Potential: Generous 7,574 sqft lot with explicit mention of space for additional units, ADUs, or potential for an 8-unit redevelopment, maximizing future value.
Prime Location & Future Growth: Centrally located near schools, a newly developed sports stadium, and amenities, with potential for appreciation tied to upcoming major events like the Olympics.
Valuable Parking Amenities: Includes off-street parking and carports, a highly desirable feature in the Los Angeles market, enhancing tenant appeal.
Versatile Investment Opportunity: Offers flexibility for various investment strategies, including owner-occupancy, multi-unit rental, or long-term redevelopment, catering to diverse buyer profiles.

Cons

"As-Is" Sale Condition: Property is sold strictly "as-is" with no seller repairs, indicating potential for deferred maintenance or necessary upgrades that will require buyer investment.
Existing Subsidized Tenancy: One unit is occupied by a subsidized tenant who wishes to remain, which may limit rent adjustments and require adherence to specific housing regulations.
Limited Showing Access: "Drive by ONLY" and "Do Not Disturb Tenants" restrictions significantly limit a buyer's ability to conduct thorough interior inspections prior to offer, increasing due diligence risk.

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