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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

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    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).
    (951) 902-3006
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    11143 Van Buren Ave Los Angeles, CA 90044
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    Los Angeles, CA 90044
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11143 Van Buren Ave Los Angeles, CA 90044
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