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11210 Van Buren Ave 4 Unit Apartment Building Offered at $947,243 CAD at a 4.95% Cap Rate Los Angeles, CA 90044
Investment Highlights
- Ideal Value-Add Opportunity with Potential to Develop Four (4) ADU’s (SB 1211 – Buyer to Verify)
- Unit Mix: One Detached 2-Bedroom/1-Bathroom House (1,272 sq ft) with Three Studios in the Rear Structure | Two One-Car Garages
- Cost/Sq Ft of Land: $106 | Redevelopment Potential
- Large Interior Yard Area Between the Two Structures Offers Potential for ADU Development
- Current CAP: 4.95% (8.40% Proforma) | GRM: 12.22 (8.52 Proforma)
- Easy Access to the 105 & 110 Freeways | Near SpaceX and the Multi-Billion Dollar SoFi Stadium / Hollywood Park Development in Inglewood
Executive Summary
The Harley Group at Lyon Stahl is pleased to present 11210 Van Buren Avenue in Los Angeles. This value-add opportunity offers investors significant upside through rental repositioning and potential ADU development. The property features a unique unit mix consisting of a detached 2-bedroom/1-bathroom front house (1,272 sq ft) and three studio units in the rear structure, with two one-car garages in the alley.
The property’s large interior yard area between the two structures presents a compelling opportunity for additional development, with potential to construct up to four ADUs under SB 1211 (buyer to verify). With a cost of land of just $106 per square foot, the site offers attractive redevelopment potential in a supply-constrained rental market.
Ideally located with convenient access to the 105 and 110 Freeways, the property sits near major employment hubs including SpaceX and the multi-billion dollar SoFi Stadium and Hollywood Park development in Inglewood. This is an attractive opportunity to acquire a value-add asset at a low land basis with significant upside through future development.
The property’s large interior yard area between the two structures presents a compelling opportunity for additional development, with potential to construct up to four ADUs under SB 1211 (buyer to verify). With a cost of land of just $106 per square foot, the site offers attractive redevelopment potential in a supply-constrained rental market.
Ideally located with convenient access to the 105 and 110 Freeways, the property sits near major employment hubs including SpaceX and the multi-billion dollar SoFi Stadium and Hollywood Park development in Inglewood. This is an attractive opportunity to acquire a value-add asset at a low land basis with significant upside through future development.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$77,524
|
$34.76
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,325
|
$1.04
|
| Effective Gross Income |
$75,199
|
$33.72
|
| Taxes |
$14,727
|
$6.60
|
| Operating Expenses |
$13,613
|
$6.10
|
| Total Expenses |
$28,340
|
$12.71
|
| Net Operating Income |
$46,859
|
$21.01
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $77,524 |
| Annual Per SF | $34.76 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $2,325 |
| Annual Per SF | $1.04 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $75,199 |
| Annual Per SF | $33.72 |
| Taxes (CAD) | |
|---|---|
| Annual | $14,727 |
| Annual Per SF | $6.60 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $13,613 |
| Annual Per SF | $6.10 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $28,340 |
| Annual Per SF | $12.71 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $46,859 |
| Annual Per SF | $21.01 |
Property Facts
| Price | $947,243 CAD | Property Type | Multifamily |
| Price Per Unit | $236,811 CAD | Building Size | 2,230 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 4.95% | Year Built | 1949 |
| Gross Rent Multiplier | 12.22 | Opportunity Zone |
Yes
|
| No. Units | 4 |
| Price | $947,243 CAD |
| Price Per Unit | $236,811 CAD |
| Sale Type | Investment |
| Cap Rate | 4.95% |
| Gross Rent Multiplier | 12.22 |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 2,230 SF |
| No. Stories | 2 |
| Year Built | 1949 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,753 CAD | 1,272 |
| Studios | 3 | $1,236 CAD | - |
1 1
Property Taxes
| Parcel Number | 6076-027-026 | Total Assessment | $469,096 CAD |
| Land Assessment | $375,282 CAD | Annual Taxes | $14,727 CAD ($6.60 CAD/SF) |
| Improvements Assessment | $93,813 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
6076-027-026
Land Assessment
$375,282 CAD
Improvements Assessment
$93,813 CAD
Total Assessment
$469,096 CAD
Annual Taxes
$14,727 CAD ($6.60 CAD/SF)
Tax Year
2025
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11210 Van Buren Ave
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