$5,950,000
$350K PRICE DROP

Estimated payment $39,096/month

Total Views 3,687
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:

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Average Value
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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

Source: The MLS

MLS Number: 25505759

The MLS