Description

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 receiving $2,458 monthly and the rear unit 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.