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11143 Van Buren Ave 3 Unit Apartment Building $1,296,883 CAD ($432,294 CAD/Unit) 8% Cap Rate Los Angeles, CA 90044
Investment Highlights
- 3-Unit Multifamily Property
- 100% Occupied – Section 8 Tenants
- Zoned LC R3-20U
- All Units 2 Bedroom | 1 Bathroom
- Strong In-Place Rental Income
- Eligible for Residential or Commercial Financing
Executive Summary
Reliable Government-Backed Income
All units are leased through Section 8, providing consistent rent payments and reduced vacancy exposure.
Desirable Unit Mix
Three spacious 2-bedroom units — strong demand in the South LA rental market.
Value-Add Opportunity
Future rent increases may provide immediate upside at next adjustment period.
Future Development Potential
Zoned LC R3-20U allowing for higher density residential. Potential to add ADUs or pursue future redevelopment (buyer to verify).
Central Location
Convenient access to major freeways, schools, retail, and public transportation corridors.
All units are leased through Section 8, providing consistent rent payments and reduced vacancy exposure.
Desirable Unit Mix
Three spacious 2-bedroom units — strong demand in the South LA rental market.
Value-Add Opportunity
Future rent increases may provide immediate upside at next adjustment period.
Future Development Potential
Zoned LC R3-20U allowing for higher density residential. Potential to add ADUs or pursue future redevelopment (buyer to verify).
Central Location
Convenient access to major freeways, schools, retail, and public transportation corridors.
Property Facts
| Price | $1,296,883 CAD | Building Class | C |
| Price Per Unit | $432,294 CAD | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 2,672 SF |
| Cap Rate | 8% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1923 |
| Property Subtype | Apartment | Parking Ratio | 1.55/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | LCR320U* | ||
| Price | $1,296,883 CAD |
| Price Per Unit | $432,294 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 2,672 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 | 3 | - | 812 |
1 1
Property Taxes
| Parcel Number | 6076-019-031 | Improvements Assessment | $206,515 CAD |
| Land Assessment | $444,803 CAD | Total Assessment | $651,318 CAD |
Property Taxes
Parcel Number
6076-019-031
Land Assessment
$444,803 CAD
Improvements Assessment
$206,515 CAD
Total Assessment
$651,318 CAD
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11143 Van Buren Ave
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