For Sale
$3,775,000

11934 Willow Brook AveLos Angeles, CA 90059

Four-unit rental, 10% cap rate, $3.775M

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Los Angeles multifamily investment opportunity presents a portfolio of four single-family rental units located at 11934-11940 Willowbrook Ave, Los Angeles, CA 90059. The property, built in 1947, boasts a strong 10.07% capitalization rate and a current NOI of $380,000, with an asking price of $3,775,000. This translates to a price per unit of $943,750. Currently operating at 100% occupancy, this Class C property offers a stable income stream. The property features two kitchens and a laundry room, along with on-site parking for residents' convenience. The property is managed on-site, ensuring efficient operations. The Los Angeles County Assessor's Parcel Number (APN) is 6150-023-019. This property benefits from a Conditional Use Permit (CUP) approved by the city, adding significant value and long-term stability. This is a rare opportunity to acquire a well-maintained, high-performing multifamily portfolio in a desirable Los Angeles location. The property's strong financial performance and existing management structure make it an ideal investment for both seasoned and new investors seeking a stable and profitable venture. The property's location in Los Angeles offers significant potential for future appreciation.

Highlights

  • $3,775,000 asking price for a four-unit multifamily portfolio.
  • 10.07% cap rate with a $380,000 net operating income (NOI).
  • 100% occupancy rate.
  • Located at 11934-11940 Willowbrook Ave, Los Angeles, CA 90059.
  • Class C property built in 1947.

Property Details for 11934 Willow Brook Ave

Property type
Residential income homes
Class
C
Year Built
1947
Units
4

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.9236188
Longitude
-118.2348109
11934 Willow Brook Ave, Los Angeles, California

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11934 Willow Brook Ave
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