John E Burge

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6821 11th Ave.Los Angeles, CA 90043

Multi-Family · 5,580 Sq. ft. | 0.20 Acres
$1,699,900 Active

6821 11th Ave. Overview

Time on Site:
10 days
Visits:
0

Over $16,100 in monthly rental income!!!! Take a look at this beautiful 8-unit investment property, now available in the up-and-coming Park Hills Heights neighborhood of Los Angeles. This property is comprised of 2 separate buildings. The main building consists of 7 different units (mix of 1 and 2 bedrooms), plus there's an additional newly-built 3-bedroom/2-bath bungalow located in the back of the property. Each unit has their own assigned gated parking space. Separate laundry room on-site creates additional monthly income. The majority of the units have been renovated over the past few years. Property is gated with a nicely-manicured front yard and great curb appeal. Very low maintenance and very friendly/cooperative tenants.

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6821 11th Ave. Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,580
  • Price/Sq.ft. $305
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Electric Expense: 4800.0
  • Gardener Expense: 1440.0
  • Gross Income: 191874.0
  • Gross Scheduled Income: 191784.0
  • Insurance Expense: 4000.0
  • Net Operating Income: 59844.0
  • New Taxes Expense: 16000.0
  • Operating Expense: 131940.0
  • Trash Expense: 6100.0
  • Water Sewer Expense: 9600.0

Building Information

  • New Construction: No
  • Year Built: 1958

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: PHHT - Park Hills Heights
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Curbs,Sidewalks,Gated

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Listing Terms: Cash,Cash to New Loan,1031 Exchange,Submit
  • Parcel Number: 4006025023
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 5580.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Dryer,Washer
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Driveway
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room
  • Security Features: Carbon Monoxide Detector(s),Fire Detection System,Gated Community,Resident Manager,Smoke Detector(s),Window Bars
  • Spa Features: None
  • Spa: No
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 8.0
  • Parking Features: Assigned,Driveway Level,Driveway,Electric Gate
  • Parking Total: 8.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Sprinklers In Front,Landscaped,Near Public Transit,Rectangular Lot,Street Level
  • Lot Size Acres: 0.1951
  • Lot Size Area: 8500.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8500.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 2
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes

    General Information

    • Number Of Units Leased: 8
    • Number Of Units Total: 8
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer

    6821 11th Ave. Neighborhood

    Community

    90043 (View Park) Demographics

    40
    Median Age
    11,212
    Population Density (per sq. mile)
    36%
    College Educated
    $56,285
    Estimated Median Income
    9,600
    Estimated Total Home Owners
    8,140
    Estimated Total Renters
    54% / 46%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    6821 11th Ave. Monthly Cost

    $
    $ %
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    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    6821 11th Ave. Market Data

    Based on the last 30 days in this zip code

    $1,039,254
    Average List Price
    $601
    Average Price per Square Foot
    31
    Properties Sold
    70
    Average Days on Market
    312
    Properties for Sale
    Calculations provided by Reliance Network

    6821 11th Ave. History

    Date Event Value Agent
    6/23/2026Source: CRMLS Price Increase
    $1,800 20.0%
    6/20/2026Source: CRMLS Price Reduction
    $1,500 -16.7%
    6/19/2026Source: CRMLS Added to Database
    June 19, 2026
    6/19/2026Source: CRMLS Added to Database
    June 19, 2026
    6/16/2026Source: CRMLS Price Reduction
    $2,500 -10.7%
    6/16/2026Source: CRMLS Price Reduction
    $1,800 -10.0%
    6/9/2026Source: CRMLS Added to Database
    June 09, 2026
    6/5/2026Source: CRMLS Added to Database
    June 05, 2026
    Listing provided courtesy of Selling OC Real EstateCameron Davis- MLS# OC26134385MLS ProviderContact Information: [email protected] - 949-350-0808
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