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Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.
$2,050,000
Est. payment /mo
6,468 SqFt
Price Dropped by $150K
11139 Van Buren Ave Los Angeles, CA 90044
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,468 sqft
Price per Sqft $316
MLS Listing ID SB-25058512
Year Built 1921
Lot Size 0.407 Acres
Property Sub-Type Apartment
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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Sw
Interior
Fireplaces Type None
Laundry None
Exterior
Parking Features Gated
Garage Spaces 7.0
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer