$5,950,000
$350K PRICE DROP

Estimated payment $38,811/month

Total Views 4,541
37 Beds
29 Baths
18,160 Sq Ft
$328 Price per Sq Ft

Highlights

  • 0.43 Acre Lot
  • 36 Car Attached Garage
  • Central Heating

About This Home

1111 Sunvue Place, an exceptional multifamily asset nestled in the Echo Park neighborhood of Los Angeles. This distinctive hilltop property boasts fifteen spacious one, two, and three-bedroom townhouse-style units, each offering breathtaking skyline views of Downtown Los Angeles. Elevated above the city, the property encompasses 18,160 square feet of rentable area across four buildings, all situated on an 18,634 square foot LAR2 zoned corner lot accessible via both Sunvue Place and Bellevue Avenue. Initially constructed in 1992, this asset has been meticulously maintained and features private balconies, laundry facilities, and ample parking. The generously sized balconies provide abundant natural light, unobstructed city, and treetop views. Residents of 1111 Sunvue Place enjoy convenient access to key transportation routes, including the 101 and 110 freeways, as well as a plethora of shopping, dining, and entertainment options along Sunset Boulevard, Downtown Los Angeles, Silver Lake, and Hollywood.

Listing Agent

Jake Plewa

REMAX COMMERCIAL & INVESTMENT REALTY License #02041641 Listed on: 03/03/2025

REMAX COMMERCIAL & INVESTMENT REALTY

Co-Listing Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Home Design

  • 18,160 Sq Ft Home

Bedrooms and Bathrooms

  • 37 Bedrooms
  • 29 Bathrooms

Parking

  • 36 Car Attached Garage
  • Carport
  • Driveway
  • On-Street Parking
  • Assigned Parking

Additional Features

  • 0.43 Acre Lot
  • Central Heating

Community Details

  • 4 Buildings
  • 15 Units
  • 6-Story Property

Listing and Financial Details

  • Assessor Parcel Number 5405-028-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 18160
  • Lot Acreage: 0.4282
  • Stories: 6
  • Year Built: 1992
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 37
  • Total Bathrooms: 29.00
  • Equipment: Alarm System
  • Price Per S Q F T: 327.64

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Carport, Attached, Assigned, Above Street Level, Driveway, Covered Parking
  • Total Parking: 36

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 40.44
  • Assessed Improvement Value: 1322006
  • Assessed Land Percent: 59.56
  • Assessed Land Value: 1946955
  • Total Assessed Value: 3268961
  • Assessor Parcel Number: 5405-028-018
  • Lot Size Area: 18653

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 12.60
  • Number Of Units: 15
  • Total Annual Expense: 153981
  • Type Of Units: Apartments
  • Vacancy Rate: 7%

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Price Changed $5,950,000 -0.8% $328 / Sq Ft
03/24/2025 03/24/25 Price Changed $6,000,000 -4.8% $330 / Sq Ft
03/03/2025 03/03/25 For Sale $6,300,000 +131.6% $347 / Sq Ft
12/05/2013 12/05/13 Sold $2,720,000 +43.5% $150 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $1,895,000 -- $104 / Sq Ft
Source: The MLS

Similar Homes in the area

  • 3232 W Avenue 32, Los Angeles, CA 90065

    $6,140,000

    • 36 Beds
    • 34 Baths
    • 17,466 Sq Ft
    • 3232 W Avenue 32
    • Los Angeles, CA

    We are pleased to present 3232 W. Avenue 32, a 16 Unit apartment community located in Glassell Park, CA (90065). Constructed in 1990, the property is NOT subject to LA City rent control and is designated by AB 1482 in which the most recent allowable rent increase was 8.8% in 2024.Glassell Park is adjacent to Atwater Village, Eagle Rock and just blocks to both DTLA and Echo Park. The area

    Adam Zunder Iconic Investments

    Section Image
  • 11736 Gilmore St, North Hollywood, CA 91606

    $6,590,000

    • 38 Beds
    • 36 Baths
    • 15,890 Sq Ft
    • 11736 Gilmore St
    • North Hollywood, CA

    Introducing 11730 & 11736 Gilmore St, two newly built, fully occupied, high-end 5-unit multifamily properties offered together as a rare portfolio opportunity in a designated Opportunity Zone in the heart of North Hollywood. With a combined 10 units, these mirror-image properties generate impressive income, producing a total monthly income of $39,780 and annual income of $477,360. The unit mix

    Michael Fitzgerald Power Brokers

    Section Image
  • 7342 Haskell Ave, Los Angeles, CA 91406

    $7,100,000

    • 36 Beds
    • 36 Baths
    • 24,349 Sq Ft
    • 7342 Haskell Ave
    • Los Angeles, CA

    7342 Haskell Ave, a 21-unit multifamily asset not subject to LA City Rent Control. SELLER WILL CARRY at 4.5% interest-only in year 1, 5.5% interest-only in year 2. Built in 1986, the property is exempt from Los Angeles City rent control, allowing for annual rental increases of 5% plus CPI, currently 8.8% annually. Significant capital improvements totaling approximately $500,000 have been invested

    Kelly Morgan Houze Real Estate Management

    Section Image

Source: The MLS

MLS Number: 25505759

The MLS