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$ 1,899,900
Est. payment | /mo
8 Beds
0.41 Acres Lot
$ 1,899,900
Est. payment | /mo
8 Beds
0.41 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25235716
Bedrooms 8
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 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income of $16,671/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 (Properties can be sold together or separately) 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
Zoning Assessor
Direction Between Vermont Avenue and Imperial Highway
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6076019031
Listed by Evelyn Baez Gonzalez Lyon Stahl Investment Real Estate, Inc.