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$900,000
Est. payment /mo
6 Beds
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25235775
Bedrooms 6
Lot Size 8,712 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Subject property is a 2,436 sq ft 3plex built in 1921 and situated on a spacious 8,712 SF lot. It can be sold separately or together with a 4plex on the adjacent lot at 11137 Van Buren Ave with total rental income of $16,671/month and future development opportunities. (Income for 3plex is $7,133/month). Excellent Unit Mix of All 2-Bedroom, 1-Bathroom Units, All Section 8 Tenants. Total Lot Size: 8,712 sq. ft. Lot Zoned LC R320U* provides Opportunity for Future Development with Unlimited Density Bonus for Affordable Housing OR Potential to build 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
Zoning Assessor
Direction West of Vermont Ave and north of Imperial Hwy
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6076019031
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Listed by Evelyn Baez Gonzalez Lyon Stahl Investment Real Estate, Inc.
“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
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