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11143-11137 Van Buren Ave, Los Angeles 90044 11143 Van Buren Ave 7 Unit Apartment Building $2,650,741 CAD ($378,677 CAD/Unit) 7.37% Cap Rate Los Angeles, CA 90044

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INVESTMENT HIGHLIGHTS

  • 3-Plex and 4-Plex on Adjacent Lots
  • All Section 8 Tenants; All Due for Next Rent Increase
  • Possibility to Add 7 ADUs (buyer to verify)
  • Option for Residential and Commercial Financing
  • Excellent Units Mix of all 2 Bedroom Units
  • Zoned LC R320U* Total Lot Size is 17,713 Sq. Ft. An Opportunity for Future Development with Unlimited Density Bonus for Affordable Housing

EXECUTIVE SUMMARY

An exceptional chance to acquire two properties on adjacent lots at 11143 & 11137 Van Buren Ave, Los Angeles, CA 90044. This 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income of $16,671/month and future development opportunities.
This investment is Eligible for Both Residential & Commercial Financing.
Total Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft
Excellent Unit Mix of All 2-Bedroom, 1-Bathroom Units-All Section 8 Tenants – Ensuring Reliable Rental Income(Properties can be sold together or separately)
Lot Zoned LC R320U* provides Opportunity for Future Development with Unlimited Density Bonus for Affordable Housing OR Potential to Add Up to 7 ADUs (Buyer to Verify)
Prime Location – Near Major Freeways, Schools, Shopping Centers, and Public Transportation!
Whether you're an investor looking to expand your portfolio or seeking a cash-flowing, high-potential multi-family property, this is a rare opportunity in a rapidly growing area of Los Angeles.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,650,741 CAD
Price Per Unit $378,677 CAD
Sale Type Investment
Cap Rate 7.37%
Gross Rent Multiplier 9.5
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.40 AC
Building Size 6,468 SF
Average Occupancy 100%
No. Stories 1
Year Built 1923
Parking Ratio 1.55/1,000 SF
Opportunity Zone Yes
Zoning LCR320U*

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 7 - 812
  • Listing ID: 38058804

  • Date on Market: 2025-10-13

  • Last Updated:

  • Address: 11143 Van Buren Ave, Los Angeles, CA 90044

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