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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 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.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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