Los Angeles, CA 90044,11137 7 Van Buren Ave
Los Angeles, CA 90044,11137 7 Van Buren Ave
Los Angeles, CA 90044,11137 7 Van Buren Ave
11
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$1,050,000
Est. payment /mo
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8 Beds
9,001 Sqft Lot
New

11137 7 Van Buren Ave Los Angeles, CA 90044

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25235758

Bedrooms 8

Lot Size 9,001 Sqft

Property Sub-Type Res Income 2-4 Units

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

Zoning Assessor

Direction West of Vermont Ave and north of Imperial Hwy

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 6076019032


MLS Router / San Diego MLS
Listed by Evelyn Baez Gonzalez Lyon Stahl Investment Real Estate, Inc.

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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11137 7 Van Buren Ave