Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    11137 Van Buren Ave, Los Angeles, CA 90044
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    11137 Van Buren Ave
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    • MLS#: SB25058483 ( Quadruplex )
    • Street Address: 11137 Van Buren Ave
    • Viewed: 1
    • Price: $1,150,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1921
    • Bldg sqft: 0
    • Days On Market: 16
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90044
    • Provided by: Lyon Stahl Investment Real Estate, Inc.
    • Contact: Evelyn Evelyn
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Subject property is a 4,032 sq ft 4plex built in 1921 and situated on a spacious 9,001 SF lot. It is sold together with a 3plex on the adjacent lot at 11143 Van Buren Ave. This well maintained 7 unit portfolio consists of a 3 plex and a 4 plex, offering strong current income of $17,037/month and future development opportunities. This investment is Eligible for Both Residential & Commercial FinancingTotal Building Size: 6,468 sq. ft. | Total Lot Size: 17,713 sq. ft.Excellent Unit Mix of All 2 Bedroom, 1 Bathroom UnitsAll Section 8 Tenants Ensuring Reliable Rental Income Lot Zoned LC R320U* provides 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.
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    Features
    Association Fee
    1. 0.00
    Building Area Total
    1. 4032.00
    Commoninterest
    1. None
    Common Walls
    1. 2+ Common Walls
    Country
    1. US
    Days On Market
    1. 10
    Fireplace Features
    1. None
    Garage Spaces
    1. 4.00
    Gardner Expense
    1. 2400.00
    Insurance Expense
    1. 4692.00
    Laundry Features
    1. None
    Levels
    1. Two
    Lot Features
    1. 2-5 Units/Acre
    Netoperatingincome
    1. 143226.00
    Newtaxesexpense
    1. 26134.00
    Parcel Number
    1. 6076019032
    Parking Features
    1. Assigned
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 10517.00
    Property Type
    1. Quadruplex
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 434319955:CRM
    Tenant Pays
    1. Electricity
    2. Gas
    Totalexpenses
    1. 55085.00
    Trash Expense
    1. 1620.00
    Vacancyallowance
    1. 6133
    Water Sewer Expense
    1. 5172.00
    Water Source
    1. Public
    Year Built
    1. 1921
    Year Built Source
    1. Assessor
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836