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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



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.
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
- Offering Memorandum
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | 812 |
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11143-11137 Van Buren Ave, Los Angeles 90044 | 11143 Van Buren Ave
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