11137 7 Van Buren Ave Active

Los Angeles,CA 90044

$ 1050000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25235758

Year Built 1921

Lot Size 8,999 Sqft

Property Sub-Type Quadruplex

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

Area C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Fireplaces Type None

Laundry None

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights,Sidewalks

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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