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 | |
Updated | July 12th, 2022 |
Type | Multi-family |
Price | $5,250,000 |
Building | 11,562 Sq. Ft. |
Land | 0.16 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.