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$875,000
Listing Price4beds
2baths
1,668sqft
5,420sqft lot
2918 11th Ave, Los Angeles, CA 90018
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
2918 11th Ave is located in the vibrant and rapidly evolving West Adams neighborhood of Los Angeles. The subject property is located just south of Adams Blvd and west of Arlington Ave.The duplex features two units a front residence offering 2 bedrooms and 1 bathroom, complemented by a rear unit that is also 2 BR + 1 baths. The front unit is currently VACANT creating the perfect opportunity for an owner-occupier. The front unit have a projected rent of $3,000. The rear unit which is also 2 BR + 1 Baths is generating $2,356 per month in rent. Recent renovations include a new electrical system and the installment of washers and dryers in both units. The property encompasses approximately 1,668 square feet of total living space on a generous 5,420-square-foot lot with LARD3 zoning.New ownership had the potential of converting the existing 400-square-foot rear garage into a sophisticated 1-bedroom, 1-bathroom ADU (Accessory Dwelling Unit), presenting immediate upside potential for discerning investors. This exceptional duplex represents an ideal acquisition for both owner-occupiers seeking to offset their housing costs and astute multifamily investors recognizing the tremendous value-add potential in the rapidly evolving West Adams neighborhood.
Interior Details
1668
4
2
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5420
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Duplex Single
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,046
$199,837
$40,194
--%
$240,031
2019
$3,046
$195,919
$39,406
--%
$235,325
2018
$2,989
$192,078
$38,634
--%
$230,712
2017
$2,929
$188,312
$37,877
--%
$226,189
2016
$2,848
$184,620
$37,135
--%
$221,755
2014
$2,833
$178,285
$35,862
--%
$214,147
2013
$2,827
$177,480
$35,700
--%
$213,180
2012
$3,994
$173,000
$20,000
--%
$193,000
Average Home Price in 90018
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





