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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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2323 11th Street, Los Angeles – $3,090,000

  • 1 Bed
  • 2 Baths
  • 12,642 Sqft
  • .14 Acres
  • 1 Bed
  • 2 Baths
  • 12,642 Sqft
  • .14 Acres

2323 11th Street

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

Essential Information

  • MLS® #25590793
  • Price$3,090,000
  • Bedrooms1
  • Bathrooms2.00
  • Square Footage12,642
  • Acres0.14
  • Year Built1913
  • TypeResidential Income
  • StatusActive

Community Information

  • Address2323 11th Street
  • AreaC42 - Downtown L.A.
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90006

Amenities

  • ParkingNone
  • GaragesNone

Interior

  • HeatingWall Furnace
  • # of Stories3
  • StoriesMulti/Split

Additional Information

  • Date ListedSeptember 11th, 2025
  • Days on Market9
  • ZoningLAC2

Listing Details

  • AgentPeter Paik
  • OfficeEpique Realty
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Peter Paik, Epique Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of September 20th, 2025 at 4:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.