11143 Van Buren, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This Multi-Family Residential Income Asset is listed at $950,000, compared to a $695,467 Fair Market Value. The valuation is driven by Guaranteed Rental Income from 100% Section 8 occupancy and rare Portfolio Scaling Potential via the adjacent lot. Located in the Los Angeles Unified district, the property carries a Condition Rating of 5, requiring modernization of Century-Old Infrastructure. This presents a significant Value-Add opportunity to improve long-term ROI. This asset is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking stable, government-backed cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11143 Van Buren Subject | $899,000* List Price | 0 | 0 | 2,436 | $277 | - |
A 1315 W 102nd Street Sold | $875,000 | 0 | 0 | 2,392 | $366 | 0.8 mi |
B 1052 W 106th Street Sold | $900,000 | 0 | 0 | 2,380 | $378 | 0.5 mi |
C 11210 Van Buren Pending | $650,000 List Price | 0 | 0 | 2,230 | $291 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923, this property is over 100 years old and shows significant signs of deferred maintenance and neglect. The exterior images reveal a parking area cluttered with dismantled and wrecked vehicles, suggesting poor property management. The listing description explicitly identifies 'Century-Old Infrastructure' as a major weakness, indicating that plumbing, electrical, and structural systems likely require substantial repair or replacement. Furthermore, the absence of interior photos for an occupied rental property of this age typically indicates that the living spaces are outdated and in need of significant rehabilitation.
The property is fully occupied by Section 8 tenants, ensuring a reliable, government-backed revenue stream and minimizing the risk of non-payment.
Being sold alongside an adjacent quadruplex, this triplex offers a rare opportunity to acquire seven contiguous units, providing significant economies of scale for management.
The property is eligible for both residential and commercial financing, giving investors more flexibility in choosing loan products that best fit their capital structure.
Built in 1923, the property likely faces higher maintenance costs and may require significant capital expenditures to modernize aging plumbing, electrical, and structural systems.
The requirement to purchase this property together with the adjacent lot increases the total acquisition cost, which may limit the pool of eligible buyers to those with higher capital reserves.
**Exceptional Triplex Investment Opportunity in the heart of Los Angeles ** 11143 Van Buren Ave is a Triplex that is being sold together with a quadruPlex on the adjacent lot at 11137 Van Buren Ave. Unlock the potential of this well-positioned triplex in the heart of Los Angeles. Offering approximately 2,436 square feet of total living space, this income-generating property presents a rare opportunity for investors seeking strong rental demand and long-term appreciation. This property is eligible for both Residential and Commercial financing . Property comes with tenants- All are Section 8 - Ensuring Reliable Rental Income!! Each unit offers functional layouts with comfortable living areas, making them highly attractive to tenants in this consistently sought-after rental market. Whether you’re expanding your portfolio or entering the multi-family space, this property provides immediate income potential with room to enhance returns through strategic upgrades and rental optimization. Situated on a residential street with convenient access to major freeways, public transportation, shopping, and employment hubs, the location supports stable occupancy and long-term tenant appeal. The South Los Angeles market continues to see steady growth, making this an ideal asset for both cash flow and appreciation. Don’t miss this chance to secure a versatile, income-producing property in one of Los Angeles’ high-demand rental corridors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,436 | 2,143 | 65% |
| Lot Size | 8,709 | 6,078 | 87% |
| Price | $899.0K | $850.0K | 58% |
| Price per sq ft | $369 | $411 | 35% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 154 | 13% |
Apr 9, 2026
$899,000
$950,000
-5% Price Drop
Initial Listing
Feb 19, 2026
$950,000
Initial Listing
Jan 11, 2017
$410,000
Public Record