Property Listing No Longer Available for Sale

11660 Texas Avenue, Los Angeles, CA

Multi-family for Sale - $5,250,000 - 11,562 Sq. Ft. on 0.16 acres


Property Info

CIMLS#1127225
Location
  11660 Texas Avenue
  Los Angeles CA 90025
UpdatedJuly 12th, 2022
TypeMulti-family
Price$5,250,000
Building11,562 Sq. Ft.
Land0.16 acres

Property Description

Eric Sackler & Associates is pleased to present an ideal investment opportunity – a well-located apartment building in a very strong rental submarket with significant rental upside.

11660 Texas Avenue is a charming 9-unit apartment building one block south of Wilshire and one block east of Barrington Avenue.

Each unit averages over 1,280 square feet – a high-demand unit size for tenants who work from home. The building’s amenities include gated subterranean parking, controlled access entry, laundry room, large facilities room, private patios & elevator. Most of the building systems have been upgraded: Plumbing is copper, the elevator’s system has been rebuilt and a completely new roof was installed in 2010.

The building is ideally situated in close proximity to transportation as well as to Brentwood and West LA shopping, entertainment, schools & markets.


Financials



Similar Listings