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.
MLS# | SB25058512 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1921 |
Days On Site | 40 |
Listing Provided By | Lyon Stahl Investment Real Estate, Inc. 310-425-9838 | Evelyn Baez Gonzalez |
SQ Feet | 6,468 |
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Garage | 7 |
Story(s) | 2 |
Units | 7 |
Building(s) | 2 |
Acreage | 0.41 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90044 |
Area | C34 Los Angeles Southwest |
Listing VS Median (in 90044) | |
Price: $2,050,000 low | high Med: $750,000 SqFt: 6,468 low | high Med: 1,825 $ / SqFt: $317 low | high Med: $430 On site: 40 low | high Med: 74.000000 |