1311 Ingraham Street,Los Angeles, CA 90017
Los Angeles, CA 90017
Description
***MAY BE PURCHASED INDIVIDUALLY OR IN COMBINATION WITH ANY OR ALL OF 3333 4TH ST, 601 N ROSSMORE, 100 N KENMORE & 508 S HOBART*** 1311 Ingraham St is a 21-unit multifamily property in Los Angeles' Westlake neighborhood, constructed in 1922 and offering a compact but well-located residential asset in close proximity to Downtown LA. The building is comprised primarily of smaller units, with individual residences generally ranging from approximately 390 to 530 square feet, serving a deep renter demographic drawn to Central LA living. The property benefits from being in a highly walkable and transit-rich location, with a Walk Score and Transit Score in the mid-90s, reflecting frequent access to Metro rail and bus service as well as pedestrian-oriented connectivity to the broader Los Angeles job market. Its immediate surroundings include a mix of residential, institutional, and commercial uses typical of Westlake and the adjacent City West/Downtown corridors, with easy access to major employment centers, cultural destinations, and civic amenities. Nearby points of interest include the vibrant core of Downtown Los Angeles with its theaters, museums, historic districts, and restaurants, as well as green spaces like MacArthur Park within a short walk. The property's location also places it near educational and medical institutions, mixed-use developments, and emerging new residential communities contributing to localized demand. As an investment, 1311 Ingraham St offers a centrally located residential cash flow profile with exposure to ongoing growth in central LA rental demand. The building's proximity to Downtown and high transit accessibility support broad renter appeal, while unit sizes and configuration provide flexibility for repositioning or modernization programs. In addition, the Westlake/City West area continues to see development and infrastructure activity that can support long-term rent growth and asset value stability.
Details
| MLS # | 26850647 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 82 |
| Listing Provided By | REMAX COMMERCIAL & INVESTMENT REALTY | Robert Renshaw |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 21 |
| SQ Feet | 10,380 |
| Story(s) | 2 |
| Units | 21 |
| Building(s) | 1 |
| Zoning | LACW |
| Acreage | 0.16 |
Parking
| Parking Features | None |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90017 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90017) | |
Price: $1,750,000 low | high Med: $2,100,000 sqft: 10,380 low | high Med: 11,088 $ / sqft: $169 low | high Med: $189 On site: 82 low | high Med: 768 | |
Market Activity 90017
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90017 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90017) | |
Price: $1,750,000 low | high Med: $2,100,000 sqft: 10,380 low | high Med: 11,088 $ / sqft: $169 low | high Med: $189 On site: 82 low | high Med: 768 | |
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