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Listed by Elvia Luna, DRE #01946715 • Beverly and Company, Inc.
$1,300,000
Est. payment /mo
7,202 Sqft Lot
New
1322 Van Ness ST 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 CRSR26153015
Style Craftsman
Year Built 1940
Lot Size 7,202 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
!! 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!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen Dishwasher, Oven Range - Gas
Interior
Heating Space Heater
Cooling Window / Wall Unit
Flooring Laminate
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Parking Features Detached Garage, Other
Garage Spaces 9.0
Pool 31, None
Roof Type 2
Building
Foundation Raised
Water Hot Water, Private
Architectural Style Craftsman
Others
Special Listing Condition Not Applicable
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