---
listing_id: CRSB26007542
status: Active
price: 1699000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 4551
lot_acres: 
year_built: 1924
property_type: Residential Income
property_subtype: Residential Income
address: "1511 W 11th Pl"
city: Los Angeles
state: CA
zip: 90015
county: "Los Angeles County"
lat: 34.0465435
lng: -118.274055
days_on_market: 101
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Aaron Jacobson"
list_office: "Lyon Stahl Investment Real Estate, Inc."
list_agent_phone: "(310) 729-1559"
list_agent_license: 02100737
mls_source: CRMLS
modified: 2026-03-23
transaction_type: buy
---

Home | Los Angeles County | Los Angeles | 90015 | 1511 W 11th Pl

1511 W 11th Pl, Los Angeles, CA 90015

MLS: CRSB26007542 | Status: | Price: $1,699,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
– – – 4,551 1924

Remarks

8.35% 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 $106,188 per unit and $248 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 7.43 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.

MLS Listing Information

Field Value
MLS # CRSB26007542
MLS Source California Regional MLS
Days on Site 101

Features

Interior Features

Feature Details
Laundry None

Parking, School, and Other Information

Feature Details
Garage/Parking Garage: 0 Car(s)

Contact Information

Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
License #: 02100737
Phone: (310) 729-1559

Property Units

# Buildings # Leased Units # Total Units
1 – –

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Tenth Street Elementary School public 1,2,3,4,5 0.12 mi 4
Olympic Primary Center public KG 0.21 mi N/A
Esperanza Elementary School public K-5 0.59 mi 6
John H. Liechty Middle School public 6-8 0.62 mi 2
Leo Politi Elementary School public K-5 0.76 mi 4
Norwood Street Elementary School public K-5 0.82 mi 6
Macarthur Park Elementary School For The Visual And Performing Arts public K-5 0.82 mi 2
Magnolia Avenue Elementary School public K-5 0.83 mi 8
Hoover Street Elementary School public K-5 0.93 mi 8
Abram Friedman Occupational public UG 0.97 mi N/A
Charles White Elementary School public 1,2,3,4,5 1.01 mi 8
Gratts Learning Academy For Young Scholars (GLAYS) public K-5 1.02 mi 4
Academic Leadership Community School public 9-12 1.04 mi 5
Contreras Learning Center-School Of Social Justice public 9-12 1.04 mi 3
Miguel Contreras Learning Complex School public 9-12 1.04 mi 5
Contreras Learning Center-Los Angeles School Of Global Studies public 9-12 1.04 mi 4
West Adams Preparatory High School public 9-12 1.04 mi 3
Girls Academic Leadership Academy, Dr. Michelle King School For Sci, Tech, Eng And Math public 6-12 1.06 mi 8
Harold McAlister High (Opportunity) School public 6-12 1.07 mi N/A
Early College Academy High School - LATTC public 9-12 1.09 mi 8

Disclosures

©2026 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

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This listing information is up-to-date as of March 23, 2026. For the most current information, please contact Aaron Jacobson, (310) 729-1559.