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$2,050,000
Est. payment /mo
0.41 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25058512
HOA Y/N No
Lot Size 0.407 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
An exceptional chance to acquire two properties on adjacent lots at 11143 & 11137 Van Buren Ave, Los Angeles, CA 90044. This well-maintained 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income and future development opportunities. Property is Eligible for Both Residential & Commercial Financing...Total Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft. ...Excellent Unit Mix All 2-Bedroom, 1-Bathroom Units ...All Section 8 Tenants Ensuring Reliable Rental Income ...Zoned LC R320U* 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.
An exceptional chance to acquire two properties on adjacent lots at 11143 & 11137 Van Buren Ave, Los Angeles, CA 90044. This well-maintained 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income and future development opportunities. Property is Eligible for Both Residential & Commercial Financing...Total Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft. ...Excellent Unit Mix All 2-Bedroom, 1-Bathroom Units ...All Section 8 Tenants Ensuring Reliable Rental Income ...Zoned LC R320U* 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.
An exceptional chance to acquire two properties on adjacent lots at 11143 & 11137 Van Buren Ave, Los Angeles, CA 90044. This well-maintained 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income and future development opportunities. Property is Eligible for Both Residential & Commercial Financing...Total Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft. ...Excellent Unit Mix All 2-Bedroom, 1-Bathroom Units ...All Section 8 Tenants Ensuring Reliable Rental Income ...Zoned LC R320U* 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
Building
Lot Description Sidewalks
Story 2
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Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.