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11934 Willow Brook Ave Los Angeles, CA 90059

Sponsored
For Sale
$3,775,000

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

Description

Added:
Dec 11, 2024
Days on Market:
392
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.

Property Features for 11934 Willow Brook Ave

General Information

Property type
Multifamily properties
Class
C

Building Details

Year Built
1947
Units
4

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 Profile Location Intelligence

Current Use by Public Records

THE HOUSE DOCTOR Handyman/Handywoman/Handyperson

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.2348109
Latitude
33.9236188

FAQs

What type of property is this?
Multifamily property - Four-unit rental, 10% cap rate, $3.775M
Where is this multifamily property located?
The property is located at 11934 Willow Brook Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,775,000.
What are key features of this property?
This property features: $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.
More about this property
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