2323 W 11th Street
Los Angeles, CA 90006 • 9 Bed • 21 Bath • 12,642 sq.ft.

Property summary

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

Days on market: 12

Listing updated: September 23, 2025 - 12:48:09

Property details

Property ID
25590793
Size
12642 sq.ft.
Home Type
Residential Income
Year Built
1913
Property Size
0.1444 acre
Garage
Levels
Spa
None
Patio
No
Basement
No
View
No
Pool
None

Listed by: Peter Paik DRE #01080324 888-893-3537, Epique Realty - CLAW

Source: CLAW, MLS#: CLW-X83523 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
21
Kitchen
N/A
Cooling
N/A
Heating
Wall Furnace
Flooring
N/A
Laundry
N/A
$2,999,000
Property price
Make an offer
Savings estimator
Revesty savings: $100K
Calculate your
savings
Mortgage estimator
Est.: $11,996/mo
Calculate monthly
payments
Have questions about this property?
Working hours: Monday to Friday 9:00am - 6:00pm (PST)

More Properties

11 La Linda Drive
Long Beach, CA 90807
$5,700,000
8 Bed • 7 Bath • 8,241 sq.ft.
View details
1036 Oak Grove Rd 105
Concord, CA 94518
$425,000
2 Bed • 2 Bath • 981 sq.ft.
View details
355 Parkview Terrace B9
Vallejo, CA 94589-3500
$217,000
1 Bed • 1 Bath • 793 sq.ft.
View details
CRMLS logo

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-09-24 07:59:00 PST and /or other sources. 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.

Get your home valuation estimate

REVESTY estimates are powered by MLS data, the most accurate and reliable source in the industry. Enter your address and get a precise home value estimate from a REVESTY agent.

clock icon

We will contact you within 3 hours.

Thank you for your patience.