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Listed by Elvia Luna • Beverly and Company, Inc.
$1,350,000
Est. payment /mo
7,202 Sqft Lot
Active
1322 S Van Ness Los Angeles, CA 90019
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26002036
Style Craftsman
Year Built 1940
Lot Size 7,202 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
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 four 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, BMW 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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen Dishwasher, Other, Oven Range - Gas
Interior
Heating Space Heater
Cooling Window / Wall Unit
Flooring Laminate
Laundry Washer/Dryer - Owned, Community Facility
Exterior
Parking Features Assigned Spaces, Covered Parking, Detached Garage, Other
Garage Spaces 11.0
Pool 31, None
Roof Type 2
Building
Story One Story
Foundation Raised
Water District - Public
Architectural Style Craftsman
Others
Tax ID 5073002016
Special Listing Condition Not Applicable
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