www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33809421
33809420

1311 Ingraham St, Los Angeles, CA 90017

JT
CA # 01366169
Taksa Investment Group
RR
CA 01332831
Taksa Investment Group
Listed by Taksa Investment Group
$1,750,000
4 days on market
Updated 4 days ago

1311 Ingraham St

Details
APN 5143-014-006
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,380
Cap Rate 5.21%
NOI $91,259
Occupancy 81%
Tenancy Multi
Price per SqFt $169
Year Built 1922
Lot Size (SqFt) 7,162
Zoning LACW
Ownership Fee Simple

Multifamily | 5.21% CAP

Marketing description

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.

Investment highlights

  • 21-unit apartment building constructed in 1922 with classic early-century character
  • Efficient studio and one-bedroom layouts generally ranging from ~390–530 SQFT
  • Located in the Westlake neighborhood just minutes from Downtown Los Angeles
  • Exceptional walkability and strong public transit access serving the greater LA core
  • Immediate proximity to major employment centers in Downtown and City West
  • Near MacArthur Park, LA Live, Crypto.com Arena, and a wide range of dining and cultural venues
  • Positioned within a high-demand renter market driven by central location and connectivity
  • Value-add potential through unit upgrades and operational improvements in a supply-constrained urban submarket

Listing Contacts

JT
CA # 01366169
Taksa Investment Group
RR
CA 01332831
Taksa Investment Group
Listed by Taksa Investment Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$91,259.00
$7,604.92/mo

Valuation Metrics

0
DSCR
5.21%
Cap Rate
5.21%
ROI

Map

Zoning

Intelligence Badge
CW SpecialCentral City West Specific Plan
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 239 uses
View all 239 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jonathan Taksa
License
# 01366169
Brokerage
RE/MAX Commercial
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591