Olga Wright Real Estate

11137-11143 Van Buren Ave, Los Angeles, CA 90044

11137-11143 Van Buren Ave, Los Angeles, CA 90044

$1,800,000
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  • Date added: Added 3 months ago

Description

  • Description:

    11143 Van Buren Ave, Los Angeles, CA 90044

    Investing in the 7-unit multi-family portfolio at 11137-11143 Van Buren Ave, Los Angeles, CA 90044, priced at $1,800,000, is an outstanding opportunity in South Los Angeles' resilient rental market, where strong demand from a growing population and proximity to major freeways (110 and 105) and employment hubs drive consistent occupancy. The property comprises a 4-plex and a 3-plex on an adjacent lot. Superior unit mix of all 2-bedroom units ensures an excellent current gross income of $16,383/mo. Property is priced at an attractive 7.6% Cap Rate —superior to many core LA submarkets averaging 5-5.6% in 2025—while offering upside through rent increases in this unincorporated LA County area and potential for future development or adding ADUs on a spacious lot of combined 17,713 SF.

    Partnering with Olga Wright Real Estate ensures expert navigation of this deal, as Olga brings nearly 25 years of specialized multi-family experience in the Los Angeles metro with over $100 million in career sales, innovative marketing and a consultative approach that prioritizes clients' goals.

    $1,800,000

    11137-11143 Van Buren Ave, Los Angeles, CA 90044

    www.OlgaWrightRealEstate.com

    Olga@OlgaWrightRealEstate.com

    310-606-2076

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