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11137 Van Buren Ave 4 Unit Apartment Building $1,099,000 ($274,750/Unit) 8.40% Cap Rate Los Angeles, CA 90044
Investment Highlights
- 4-Unit Multifamily Property
- 100% Occupied – Section 8 Tenants
- Zoned LC R3-20U
- All Units 2 Bedroom | 1 Bathroom
- Stable Cash-Flowing Asset
- Residential & Commercial Financing Eligible
Property Facts
| Price | $1,099,000 | Building Class | C |
| Price Per Unit | $274,750 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 4,032 SF |
| Cap Rate | 8.40% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1921 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | LCR320U* - Zoned LC R320U* | ||
| Price | $1,099,000 |
| Price Per Unit | $274,750 |
| Sale Type | Investment |
| Cap Rate | 8.40% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,032 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1921 |
| Opportunity Zone |
Yes |
| Zoning | LCR320U* - Zoned LC R320U* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 6076-019-032 | Improvements Assessment | $208,902 |
| Land Assessment | $382,991 | Total Assessment | $591,893 |
Property Taxes
Parcel Number
6076-019-032
Land Assessment
$382,991
Improvements Assessment
$208,902
Total Assessment
$591,893
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11137 Van Buren Ave
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