Log In/Sign Up
Your email has been sent.
Two Separate Homes - Fully Separately Metered 11012 Willowbrook Ave 2 Unit Apartment Building $499,000 ($249,500/Unit) 4.83% Cap Rate Los Angeles, CA 90059
Executive Summary
Two stand-alone, single-story homes on one lot, where tenants cover ALL utilities, including water, trash, gas, and electricity! This income-generating property offers a total of 1,714 rentable square feet on a 5,131 SF LAR2-zoned lot with newer electrical throughout. Built in 1947, both homes are tucked behind a private driveway with parking for up to 6 vehicles. The unit mix includes one 2-bedroom home and one 1-bedroom home, making it ideal for various tenant profiles. Priced competitively at $499,000, this property presents strong upside potential in rental income. It's perfect for an owner-user who wants to live in one unit while renting the other to offset mortgage costs, or for investors seeking steady cash flow and long-term appreciation. Both units will be delivered tenant-occupied at the close of escrow, offering immediate rental income from day one. Contact the listing broker for additional information.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$24,111
|
$14.07
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $24,111 |
| Annual Per SF | $14.07 |
Property Facts
| Price | $499,000 | Apartment Style | Low-Rise |
| Price Per Unit | $249,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 4.83% | Building Size | 1,714 SF |
| Gross Rent Multiplier | 14.32 | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1947 |
| Property Subtype | Apartment | Parking Ratio | 3.5/1,000 SF |
| Zoning | LAR2 - 5,131 SF LAR2 Zoned Midblock Lot. | ||
| Price | $499,000 |
| Price Per Unit | $249,500 |
| Sale Type | Investment |
| Cap Rate | 4.83% |
| Gross Rent Multiplier | 14.32 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 1,714 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 3.5/1,000 SF |
| Zoning | LAR2 - 5,131 SF LAR2 Zoned Midblock Lot. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,664 | - |
| 2+1 | 1 | $1,190 | - |
1 1
Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Number | 6069-012-007 | Improvements Assessment | $130,000 |
| Land Assessment | $500,000 | Total Assessment | $630,000 |
Property Taxes
Parcel Number
6069-012-007
Land Assessment
$500,000
Improvements Assessment
$130,000
Total Assessment
$630,000
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Two Separate Homes - Fully Separately Metered | 11012 Willowbrook Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.