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 Financing…Total Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft….Excellent Unit Mix of All 2-Bedroom, 1-Bathroom Units…All 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.
For sale
Listing Provided by:
Evelyn Baez Gonzalez DRE #02103055 951-902-3006,
Lyon Stahl Investment Real Estate, Inc.,
Olga Wright DRE #01315042 310-606-2076,
Lyon Stahl Investment Real Estate, Inc.
Price increase: $1.1M (10/15)
$1,950,000
11143 Van Buren Ave, Los Angeles, CA 90044
28beds
14baths
6,468sqft
Est.:
Multi Family
Built in 1923
-- sqft lot
$1,910,700 Zestimate®
$301/sqft
$-- HOA
What's special
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