$10,000

closing credit¹

3171 W 11th St Los Angeles, CA 90006

$1,690,000
2 beds
2 baths
2,088 sqft
0.2 acres
$809 / sqft
House

Property details

About 3171 W 11th St

Exceptional Koreatown Duplex with Development Potential! Located in the vibrant heart of Koreatown, this LAR4-zoned property sits on a 7,316 sqft lot, offering immense potential for both investors and developers. The existing duplex functions as two 2 bed / 1 bath units, each approximately 1,000 sqft with full kitchens, separate living rooms, and in-unit washer/dryer rooms. The property also includes 6 gated parking spaces for convenience and security. Currently, both units generate a combined rental income of $4,000 per month ($2,000 each).Exciting development plans are in place for an 8-unit, 3-story apartment complex. This project, ready to be issued, includes:Ground floor with 12 parking spaces. Second and third floors featuring 4 units each: 3 units (1 bed/1 bath) and 1 unit (2 bed/2 bath) per floorA rooftop outdoor space for added tenant appeal. This is an ideal opportunity to secure a prime property with significant rental income and development upside in one of LA's most desirable neighborhoods.

Highlights

Home typeOther
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Size2,088 sqft
Lot size0.168 Acres
Year built1921
ParkingDriveway Down Slope From Street
MLS #24450909

Summary

  • MLS Number: 24450909
  • MLS Name: CRMLS
  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Dae Young Hur

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 6:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

miscellaneous file

$1,690,000

3171 W 11th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 11, 2021
Home Sold
$1,200,000
Oct 06, 1989
Home Sold
$190,000

Tax history

YearAssessmentProperty Tax
2024$1,273,448$15,751
2023$1,248,480$15,451
2022$1,224,000$14,741
2021$654,321$8,146
2020$647,613$7,910
2019$634,916$7,725
2018$622,468$7,561
2017$610,263$7,561

History based on county public records data.

Nearby schools

4

Los Angeles Elementary

Public District KG-5

0.2 mi

1211 S Hobart Blvd

4

Vista Horizon Global Academy

Public Charter KG-5

0.3 mi

980 S Hobart Blvd

4

Hobart Boulevard Elementary School

Public District KG-5

0.3 mi

980 S Hobart Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,676. Residents of Los Angeles, CA typically earn less than $<35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

68%
<35k
31%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

46%
Single, No Kids
15%
Single, with Kids
21%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
31%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • HondaHonda
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 3171 W 11th St

This home is located at 3171 W 11th St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 2,088 square foot home, which was built in 1921, sits on a 0.17 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $1,690,000.

In January 2025 more than 294 listings in Los Angeles, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. Between December and January 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 20.1%. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources