11143 Van Buren AVE new

Los Angeles,CA 90044

$ 1950000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25235716

Year Built 1923

Lot Size 0.407 Acres

Source California Regional MLS

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

Interior

Laundry None

Exterior

Parking Features Assigned Spaces

Garage Spaces 12.0

Pool 31,None

Building

Water District - Public

Others

Tax ID 6076019031

Special Listing Condition Not Applicable

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