An exceptional chance to acquire two properties on adjacent lots at 11143 & 11137 Van Buren Ave, Los Angeles, CA 90044. This well-maintained 7-unit portfolio consists of a 3-plex and a 4-plex, offering strong current income and future development opportunities.
Property is Eligible for Both Residential & Commercial Financing…Total Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft.
…Excellent Unit Mix – All 2-Bedroom, 1-Bathroom Units
…All Section 8 Tenants – Ensuring Reliable Rental Income, Can be delivered with one vacant unit in each building – ideal for buyers leveraging VA/FHA loans, with strong potential for rental or resale upside
…Zoned LC R320U* – 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.
Lechavarria@onthegorealestate.com