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Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.
$ 650,000
Est. payment | /mo
2,230 SqFt
$ 650,000
Est. payment | /mo
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 SB-26053320
Year Built 1949
Lot Size 6,536 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
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
Area C36 - Metropolitan Southwest
Interior
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Garage Spaces 2.0
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description Lot 6500-9999, Rectangular Lot
Sewer Public Sewer
Nearby Locations
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114