Price Reduced Listing
1322 Van Ness Street,Los Angeles, CA 90019
Los Angeles, CA 90019
Description
!! PRICED TO SELL !!! GREAT INVESTMENT OPPORTUNITY !! Exceptional 4-unit investment opportunity in Angelus Vista, situated between Koreatown and Arlington Heights. This very well-maintained, fully fenced, secured fourplex and ready to be leased!! Each of the spacious four units features 1 bedroom and 1 bathroom, perfect for attracting tenants or making it your own investment dream. The property sits on a large 7,202 sq. ft. lot with a building size of over 3098 sq. ft., zoned LR3, offering future development potential, while SB1211 allows for the development of up to two detached ADUs by right buyer CAN BUILD 2 more units, each 2+1. Additional highlights include a 3-covered carport, that you can rent, ample parking is available at the rear and front of the property, ensuring convenience for all, a 250sqft basement for owner to use, every unit is separately metered gas and electricity. Located in a highly desirable neighborhood it’s within 3 miles to USC, 15-minute drive to Koreatown, Hollywood, DTLA, BMO Stadium, easy access to freeways. This is a rare opportunity to add to your portfolio and own an income-generating property in one of LA’s most sought-after areas. Three units will be delivered vacant. Live in one and rent the others!
Details
| MLS # | SR26153015 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 46 |
| Listing Provided By | Beverly and Company, Inc. | Elvia Luna |
Features
| SQ Feet | 3,098 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.17 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Space Heater |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Crown Molding, Quartz Counters, Tile Counters, Walk In Closets |
| Window Features | Energy Star Qualified Windows |
| Appliances | Dishwasher, Gas Range, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt |
|---|---|
| Security Features | Security Gate |
| Construction Materials | Stucco |
| Foundation Details | Raised |
| Lot Features | Front Yard |
| Fencing | Block, Wrought Iron |
Parking
| Parking Features | Detached Carport, Driveway |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Available, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Private Sewer |
Location
| Community Features | Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90019) | |
Price: $1,250,000 low | high Med: $1,725,000 sqft: 3,098 low | high Med: 3,586 $ / sqft: $403 low | high Med: $481 On site: 46 low | high Med: 60 | |
Market Activity 90019
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90019) | |
Price: $1,250,000 low | high Med: $1,725,000 sqft: 3,098 low | high Med: 3,586 $ / sqft: $403 low | high Med: $481 On site: 46 low | high Med: 60 | |
