11210 Van Buren, Los Angeles, CA 90044

11210 Van Buren, Los Angeles, CA 90044

Los Angeles, CA
$695,000

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 of just $106 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.

Key things to know

  • Detached 2 bedroom, 1 bathroom front house, 1,272 sq ft, two-car garage.
  • Rear structure includes three studio units for added income.
  • Large interior yard with potential to construct up to four ADUs under SB 1211.
  • Prime redevelopment site near 105/110 freeways, SpaceX, SoFi Stadium, Hollywood Park.

Property Features

  • Sale Price: $695,000
  • Area Size: 2,230 sq ft
  • Land Area: 6,536 sq ft
  • Year Built: 1949
  • Units: 4

Lyon Stahl Investment Real Estate

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