CA > Los Angeles
Los Angeles, CA 90044,11143 Van Buren Avenue
Los Angeles, CA 90044,11143 Van Buren Avenue
Los Angeles, CA 90044,11143 Van Buren Avenue
Los Angeles, CA 90044,11143 Van Buren Avenue
Los Angeles, CA 90044,11143 Van Buren Avenue
Los Angeles, CA 90044,11143 Van Buren Avenue
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James Olvera

James Olvera

The Warburton Team

+1(909) 760-9091
$ 1,899,900
Est. payment | /mo

0.41 Acres Lot

Save
$ 1,899,900
Est. payment | /mo
Save

0.41 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25235716

HOA Y/N No

Year Built 1923

Lot Size 0.407 Acres

Property Sub-Type Apartment

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 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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LCR320U*

Interior

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Assigned

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description Walkstreet

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6076019031

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Evelyn Baez Gonzalez Lyon Stahl Investment Real Estate, Inc. 951-902-3006

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