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… 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.
Property Details
Price:
$1,150,000
MLS #:
SB25058483
Status:
Active
Baths:
0
Address:
11137 Van Buren Ave
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Mar 18, 2025
State:
CA
ZIP:
90044
Lot Size:
9,001 sqft / 0.21 acres (approx)
Year Built:
1921
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Schools
Interior
Fireplace Features
None
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre
Parking Features
Assigned
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address11137 Van Buren Ave Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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11137 Van Buren Ave
Los Angeles, CA
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