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11137 Van Buren Ave Los Angeles, CA 90044

For Sale
$1,050,000

Four-unit multifamily property with development potential in Los Angeles.

Lot size:
0.21 Acres

Property Features for 11137 Van Buren Ave

General Information

Lot size
0.21 Acres

Building Details

Year built
1921

Source: Lyon Stahl Investment Real Estate, Inc. Agent Olga Wright

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


Overview

Fourplex on Spacious Lot

This is a 4,032 square foot fourplex constructed in 1921, situated on a 9,001 square foot lot. The property features an excellent unit mix of all two-bedroom, one-bathroom units. All units are occupied by Section 8 tenants. The lot is zoned LC R320U, offering opportunities for future development with unlimited density bonus for affordable housing, or potential to build ADUs. The property can be purchased separately or together with a three-plex on the adjacent lot. The fourplex generates a strong current income of $9,538 per month. The property is located in a prime location near major freeways, schools, shopping centers, and public transportation. This cash-flowing, high-potential multi-family property is situated in a rapidly growing area of Los Angeles.
Location Intelligence

Current Use by Public Records

Quadplexes

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
-118.2968834
Latitude
33.9334778

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property with development potential in Los Angeles.
Where is this quadplex located?
The property is located at 11137 Van Buren Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: - Strong Current Income: $9,538/month from the 4plex.; - Future Development Potential: Zoned LC R320U with unlimited density bonus for affordable housing or ADU construction.; - Spacious 9,001 SF lot size.
More about this property
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