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11012 Willowbrook Ave - Two Separate Homes - Fully Separately Metered 2 Unit Apartment Building Offered at $729,454 CAD at a 4.49% Cap Rate Los Angeles, CA 90059



EXECUTIVE SUMMARY
Two stand-alone, single-story homes on one lot, where tenants cover ALL utilities, including water, trash, gas, and electricity! This income-generating property offers a total of 1,714 rentable square feet on a 5,131 SF LAR2-zoned lot with newer electrical throughout. Built in 1947, both homes are tucked behind a private driveway with parking for up to 6 vehicles. The unit mix includes one 2-bedroom home and one 1-bedroom home, making it ideal for various tenant profiles. Priced competitively at $529,000, this property presents strong upside potential in rental income. It's perfect for an owner-user who wants to live in one unit while renting the other to offset mortgage costs, or for investors seeking steady cash flow and long-term appreciation. Both units will be delivered tenant-occupied at the close of escrow, offering immediate rental income from day one. Contact the listing broker for additional information.
PROPERTY FACTS
| Price | $729,454 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $364,727 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 1,714 SF |
| Cap Rate | 4.49% | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.18 | No. Stories | 1 |
| No. Units | 2 | Year Built | 1947 |
| Property Type | Multifamily | Parking Ratio | 3.5/1,000 SF |
| Zoning | LAR2 - 5,131 SF LAR2 Zoned Midblock Lot. | ||
| Price | $729,454 CAD |
| Price Per Unit | $364,727 CAD |
| Sale Type | Investment |
| Cap Rate | 4.49% |
| Gross Rent Multiplier | 15.18 |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.12 AC |
| Building Size | 1,714 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 3.5/1,000 SF |
| Zoning | LAR2 - 5,131 SF LAR2 Zoned Midblock Lot. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $2,295 CAD | - |
| 2+1 | 1 | $1,641 CAD | - |
Walk Score®
Very Walkable (74)
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11012 Willowbrook Ave - Two Separate Homes - Fully Separately Metered
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