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11143 Van Buren Ave Los Angeles, CA 90044

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For Sale
$900,000

Three-unit property on a large lot with development potential.

Lot size:
0.20 Acres

Property Features for 11143 Van Buren Ave

General Information

Lot size
0.20 Acres

Building Details

Year built
1921

Source: Lyon Stahl Investment Real Estate, Inc. Agent Evelyn Baez Gonzalez

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Los Angeles Triplex on Large Lot

This property features a 2,436 square foot triplex constructed in 1921, situated on an 8,712 square foot lot. The lot is zoned LC R320U, offering potential for future development with unlimited density bonus for affordable housing or the possibility to build 7 ADUs, pending buyer verification. The property can be purchased independently or in conjunction with a fourplex located on the neighboring lot at 11137 Van Buren Ave. The triplex generates a monthly rental income of $7,133. The unit mix consists entirely of two-bedroom, one-bathroom units, all occupied by Section 8 tenants. The location offers convenient access to major freeways, schools, shopping centers, and public transportation. This property presents an opportunity in a rapidly developing area of Los Angeles.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.2968851
Latitude
33.9333723

FAQs

What type of property is this?
Triplex - Three-unit property on a large lot with development potential.
Where is this triplex located?
The property is located at 11143 Van Buren Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: - High Monthly Rental Income: $7,133/month from the 3plex alone.; - Large 8,712 sq ft lot with potential for future development.; - LC R320U zoning allows for future development with density bonus for affordable housing or 7 ADUs (buyer to verify).
More about this property
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