11143 Van Buren Ave - Apartments FOR SALE


Los Angeles, CA 90044- Westmont
$950,000 USD
424-421-4241
11143 Van Buren Ave, Los Angeles, CA for Sale
$950,000 USD
Apartments - FOR SALE
1/10
null | 7.3% Cap Rate

11143 Van Buren Ave
Los Angeles, CA 90044
Westmont


HIGHLIGHTS

  • 3-Unit Multifamily Property
  • All Units 2 Bedroom | 1 Bathroom
  • 100% Occupied – Section 8 Tenants
  • Strong In-Place Rental Income
  • Zoned LC R3-20U
  • Eligible for Residential or Commercial Financing

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

3

PRICE/UNIT

$316,667

CAP RATE

7.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

LCR320U*

APN/PARCEL ID

6076-019-031

ASK ABOUT THIS PROPERTY

Arie RoseRose & Co Commercial GroupMore Info
424-421-4241

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Arie RoseRose & Co Commercial GroupMore Info
424-421-4241

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.