1511 11th

Los Angeles, CA, 90015

For Sale $1,726,000

0.10acre

Shen Schulz (310) 980-8809shen@shenrealty.com

8.20% Cap Rate | Strong In-Place Cash Flow 1511 W 11th Pl presents a rare opportunity to acquire a high-performing 16-unit apartment asset at an exceptional basis in the heart of Pico- Union. Priced at just $107,000 per unit and $250 per square foot, the property offers some of the strongest in-place returns available in the submarket. The building is separately metered for electric and is currently operating at a 7.5 GRM, providing investors with durable day-one cash flow and minimal operational friction. This profile makes the asset ideal for both local investors and 1031 exchange buyers seeking stable income in a dense, supply-constrained market. Ideally located just minutes from Downtown Los Angeles, Koreatown, Silver Lake, and Echo Park, the property benefits from proximity to major employment hubs, consistent rental demand, and ongoing neighborhood revitalization—positioning 1511 W 11th Pl as a compelling long-term hold.

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Listed by:

Aaron Jacobson with Lyon Stahl Investment Real Estate, Inc.

(310) 425-9838

1511 11th is a Residential Income Apartment property located in Los Angeles, California, featuring a 0.105 acre lot, MLS #SB26007542.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2026-02-12 18:44:28