11210 Van Buren Ave - Multi-Family FOR SALE


Los Angeles, CA 90044- Westmont
$695,000 USD
949-933-1112
11210 Van Buren Ave, Los Angeles, CA for Sale
$695,000 USD
Multi-Family - FOR SALE
1/10
null | 4.95% Cap Rate

11210 Van Buren Ave
Los Angeles, CA 90044
Westmont


HIGHLIGHTS

  • Ideal Value-Add Opportunity with Potential to Develop Four (4) ADU’s (SB 1211 – Buyer to Verify)
  • Large Interior Yard Area Between the Two Structures Offers Potential for ADU Development
  • Unit Mix: One Detached 2-Bedroom/1-Bathroom House (1,272 sq ft) with Three Studios in the Rear Structure | Two One-Car Garages
  • Current CAP: 4.95% (8.40% Proforma) | GRM: 12.22 (8.52 Proforma)
  • Cost/Sq Ft of Land: $106 | Redevelopment Potential
  • Easy Access to the 105 & 110 Freeways | Near SpaceX and the Multi-Billion Dollar SoFi Stadium / Hollywood Park Development in Inglewood

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$312 USD /SF

# OF UNITS

4

PRICE/UNIT

$173,750

CAP RATE

4.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

6076-027-026

ASK ABOUT THIS PROPERTY

Larson HarleyLyon Stahl Investment Real EstateMore Info
949-933-1112

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Larson HarleyLyon Stahl Investment Real EstateMore Info
949-933-1112

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