Los Angeles, CA 90044,11137 Van Buren Ave
Los Angeles, CA 90044,11137 Van Buren Ave
Los Angeles, CA 90044,11137 Van Buren Ave
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$1,155,000
Est. payment /mo
8 Beds
4 Baths
9,001 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25058483

Bedrooms 8

HOA Y/N No

Lot Size 9,001 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Subject property is a 4,032 sq ft 4plex built in 1921 and situated on a spacious 9,001 SF lot. It is sold together with a 3plex on the adjacent lot at 11143 Van Buren Ave. This well-maintained 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income of $17,037/month and future development opportunities. This investment is Eligible for Both Residential & Commercial FinancingTotal Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft.Excellent Unit Mix of All 2-Bedroom, 1-Bathroom UnitsAll Section 8 Tenants Ensuring Reliable Rental Income Lot Zoned LC R320U* provides Opportunity for Future Development with Unlimited Density Bonus for Affordable Housing OR Potential to Add Up to 7 ADUs (Buyer to Verify)Prime Location Near Major Freeways, Schools, Shopping Centers, and Public Transportation! Whether you're an investor looking to expand your portfolio or seeking a cash-flowing, high-potential multi-family property, this is a rare opportunity in a rapidly growing area of Los Angeles.
Subject property is a 4,032 sq ft 4plex built in 1921 and situated on a spacious 9,001 SF lot. It is sold together with a 3plex on the adjacent lot at 11143 Van Buren Ave. This well-maintained 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income of $17,037/month and future development opportunities. This investment is Eligible for Both Residential & Commercial FinancingTotal Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft.Excellent Unit Mix of All 2-Bedroom, 1-Bathroom UnitsAll Section 8 Tenants Ensuring Reliable Rental Income Lot Zoned LC R320U* provides Opportunity for Future Development with Unlimited Density Bonus for Affordable Housing OR Potential to Add Up to 7 ADUs (Buyer to Verify)Prime Location Near Major Freeways, Schools, Shopping Centers, and Public Transportation! Whether you're an investor looking to expand your portfolio or seeking a cash-flowing, high-potential multi-family property, this is a rare opportunity in a rapidly growing area of Los Angeles.

Location

State CA

County Los Angeles

Area Los Angeles (90044)

Zoning Assessor

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $101

Space Rent $2,350


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San Diego Regional MLS (SDMLS)
Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.

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agent

Bronson White

+1(858) 349-3883

Agent | License ID: 01910733

Agent License ID: 01910733

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