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Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.
$ 1,050,000
Est. payment /mo
Active
11137 7 Van Buren Ave Los Angeles, CA 90044
9,001 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25235758
Year Built 1921
Lot Size 9,001 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Subject property is a 4,032 SF 4plex built in 1921 and situated on a spacious 9,001 SF lot. It can be sold separately or together with a 3plex on the adjacent lot at 11143 Van Buren Ave. The 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income of $16,671/month and future development opportunities. (Income for 4plex is $9,538/month) ...Excellent Unit Mix of All 2-Bedroom, 1-Bathroom Units, All Section 8 Tenants. Total Lot Size: 9,001 sq. ft Lot Zoned LC R320U* provides Opportunity for Future Development with Unlimited Density Bonus for Affordable Housing OR Potential to build ADUs... 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 C36 - Metropolitan Southwest
Interior
Laundry None
Exterior
Parking Features Assigned Spaces
Garage Spaces 4.0
Pool 31, None
Building
Water District - Public
Others
Tax ID 6076019032
Special Listing Condition Not Applicable
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