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$ 650,000
Est. payment | /mo
2 Beds
2,230 SqFt
$ 650,000
Est. payment | /mo
2 Beds
2,230 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,230 sqft
Price per Sqft $291
MLS Listing ID CRSB26053320
Bedrooms 2
HOA Y/N No
Year Built 1949
Lot Size 6,536 Sqft
Acres 0.15
Property Sub-Type Quadruplex
Property Description
We are pleased to present 11210 Van Buren Avenue in Los Angeles. This value-add opportunity offers investors significant upside through rental repositioning and potential ADU development. The property features a unique unit mix consisting of a detached 2-bedroom/1-bathroom front house (1,272 sq ft) and three studio units in the rear structure, with two one-car garages in the alley. The property's large interior yard area between the two structures presents a compelling opportunity for additional development, with potential to construct up to four ADUs under SB 1211 (buyer to verify). With a cost of land under $100 per square foot, the site offers attractive redevelopment potential in a supply-constrained rental market. Ideally located with convenient access to the 105 and 110 Freeways, the property sits near major employment hubs including SpaceX and the multi-billion dollar SoFi Stadium and Hollywood Park development in Inglewood. This is an attractive opportunity to acquire a value-add asset at a low land basis with significant upside through future development.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other
Exterior
Total Parking Spaces 2
Building
Lot Description Other
New Construction No
Others
Tax ID 6076027026

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Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.
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Patrick Nagel
REALTOR® | Lic# 1760790






