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Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.
$ 2,050,000
Est. payment /mo
Price Dropped by $150K
11139 Van Buren Ave Los Angeles, CA 90044
0.41 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25058512
Originating Board California Regional MLS
Year Built 1921
Lot Size 0.407 Acres
Property Description
An exceptional chance to acquire two properties on adjacent lots at 11143 & 11137 Van Buren Ave, Los Angeles, CA 90044. This well-maintained 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income and future development opportunities. Property is Eligible for Both Residential & Commercial Financing...Total Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft. ...Excellent Unit Mix - All 2-Bedroom, 1-Bathroom Units ...All Section 8 Tenants - Ensuring Reliable Rental Income ...Zoned LC R320U* - 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
Interior
Laundry None
Exterior
Garage Spaces 7.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable
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