11143 Van Buren Ave Active

Los Angeles,CA 90044

$ 895000

6 Beds

0 Bath

2436 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,436 sqft

Price per Sqft $367

MLS Listing ID CRSB25058449

Bedrooms 6

HOA Y/N No

Year Built 1923

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Triplex

Property Description

Subject property is a 2,634 sq ft 3plex built in 1923 and situated on a spacious 8,712 SF lot. It is sold together with a 4plex on the adjacent lot at 11137 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.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

Exterior

Exterior Feature Other

Total Parking Spaces 3

Building

New Construction No

Others

Tax ID 6076019031

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