2918 11th Ave is located in the vibrant and rapidly evolving West Adams neighborhood of Los Angeles. The subject property is located just south of Adams Blvd and west of Arlington Ave.The duplex features two units a front residence offering 2 bedrooms and 1 bathroom, complemented by a rear… Read More unit that is also 2 BR + 1 baths. The front unit is receiving $2,458 monthly and the rear unit is generating $2,356 per month in rent. Recent renovations include a new electrical system and the installment of washers and dryers in both units. The property encompasses approximately 1,668 square feet of total living space on a generous 5,420-square-foot lot with LARD3 zoning.New ownership had the potential of converting the existing 400-square-foot rear garage into a sophisticated 1-bedroom, 1-bathroom ADU (Accessory Dwelling Unit), presenting immediate upside potential for discerning investors. This exceptional duplex represents an ideal acquisition for both owner-occupiers seeking to offset their housing costs and astute multifamily investors recognizing the tremendous value-add potential in the rapidly evolving West Adams neighborhood. Read Less
Listing Snapshot
Days Online
59
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,668
Lot Size
0.12 Acres
Year Built
1948
MLS Number
25562377
30 Days Snapshot Of 90018
$1.04M
+31%
(avg) sold price
13
+44%
homes sold
80
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1948, Building area total: 1,668, Levels: One, Living area: 1668, 1 story, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $57,768, Net operating income: $36,035
Lot
0.1244 acres, 5,420 square feet, Size: 5,420
Parking
Garage
Property
Zoning: LARD3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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