Los Angeles, CA 90044,11137 Van Buren Ave
Los Angeles, CA 90044,11137 Van Buren Ave
Los Angeles, CA 90044,11137 Van Buren Ave
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$1,155,000
Est. payment /mo
8,999 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25058483

HOA Y/N No

Year Built 1921

Lot Size 8,999 Sqft

Property Sub-Type Quadruplex

Property Description

Subject property is a 4,032 sq ft 4plex built in 1921 and situated on a spacious 9,001 SF lot. It is sold together with a 3plex on the adjacent lot at 11143 Van Buren Ave. This well-maintained 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income of $17,037/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, One unit can be delivered vacant at close, ideal for owner-occupants or buyers leveraging VA/FHA loans, with strong potential for rental or resale upside. … 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 C36 - Metropolitan Southwest

Interior

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6076019032

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc. • 951-902-3006

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agent

Sean McGalis

+1(760) 415-5075

Realtor & Avid Golfer | License ID: 01707801

Realtor & Avid Golfer License ID: 01707801

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