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$ 895,000
Est. payment | /mo
6 Beds
3 Baths
8,712 Sqft Lot
$ 895,000
Est. payment | /mo
6 Beds
3 Baths
8,712 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25058449
Bedrooms 6
HOA Y/N No
Lot Size 8,712 Sqft
Property Sub-Type Res Income 2-4 Units
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 FinancingTotal Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft.Excellent Unit Mix of All 2-Bedroom, 1-Bathroom UnitsAll 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.
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 FinancingTotal Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft.Excellent Unit Mix of All 2-Bedroom, 1-Bathroom UnitsAll 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.
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 FinancingTotal Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft.Excellent Unit Mix of All 2-Bedroom, 1-Bathroom UnitsAll 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
Area Los Angeles (90044)
Zoning Assessor
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Space Rent $2,350
Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.
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