2323 11th, Los Angeles CA 90006 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Peter Paik of Epique Realty. Last updated 2025-10-20 08:11:34.000000. Listing information © 2025 Sandicor.

Asking Price: $2,999,000 | ​​​​​​​

2323 11th, Los Angeles CA 90006

Community: ​C42 - Downtown L.A.


This property was built in 1913 and is priced at $2,999,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 25590793
  • Type:
  • Year Built: 1913
Investment Opportunity 21-Unit Vintage Multifamily. Adjacent to Koreatown. Step into a rare chance to own a cash-flowing, low-maintenance multifamily asset in one of Los Angeles' most dynamic rental markets. This 21-unit, 3-story brick building offers investors stable income today with substantial upside tomorrow. Unit mix includes 9 spacious one-bedroom apartments + 12 efficient singles. Prime Location adjacent to Koreatown, minutes from Downtown LA, USC, and major transit corridors. Strong Renter Demand surrounded by a dense, vibrant neighborhood with endless dining, shopping, and nightlife. Cash Cow where current tenancy provides steady, reliable cash flow with minimal management headaches. Upside Potential with current below market rents. Vintage architecture with room for modernization, rental growth, and value-add strategies. Low Turnover and easy-to-manage tenants create a stable ownership experience. This property is positioned in one of LA's fastest-growing submarkets, attracting professionals, students, and long-term renters alike. Koreatown continues to experience rising rents, strong absorption, and revitalization projects, making this asset a prime opportunity for long-term appreciation. Ideal for value-add investors seeking to unlock untapped potential while benefiting from strong in-place income

Call or Email Terrence Griffin now to inquire about this property

619-952-0152