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
    : 
    Multi Family
    Built in 1923
    -- sqft lot
    $1,910,700 Zestimate®
    $301/sqft
    $-- HOA

    What's special

    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.
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