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$ 1,050,000
Est. payment | /mo
8,712 Sqft Lot
$ 1,050,000
Est. payment | /mo
8,712 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25058449
HOA Y/N No
Year Built 1923
Lot Size 8,712 Sqft
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.
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
Area C36 - Metropolitan Southwest
Interior
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Assigned
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6076019031
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc. • 951-902-3006