5175 S Van Ness Avenue, Los Angeles, CA 90062

$749,000
2
BD
2
BA
1,564
SqFt

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List Price
$749,000
Status
ACTIVE
MLS#
26847335
Year Built
1923
Bedrooms
2
Bathrooms
2
Living Sq. Ft
1,564
Lot Size
4,515
Acres
0.10
Lot Location
Front Yard, Lawn, Yard
Days on Market
35
Property Type
Multifamily
Style
Bungalow
Stories
One Level

Property Description

Positioned on a desirable corner lot and screened by mature privacy hedges, 5175 S. Van Ness Avenue presents a unique investment and owner-user opportunity in the heart of South Los Angeles. This well-maintained income property consists of two 1-bedroom, 1-bath residences plus a studio garage conversion, offering flexibility for rental income, multi-generational living, or a live-in-one, rent-the-others scenario. The property makes an immediate impression with its attractive curb appeal, gated entry, expansive concrete courtyard, and lush perimeter landscaping that creates a private and inviting outdoor environment rarely found in multifamily properties of this size. The front residence has been thoughtfully updated and showcases a modern open-concept design with wide-plank flooring, recessed lighting, dual-pane windows, and a beautifully remodeled kitchen featuring white shaker cabinetry, quartz-style countertops, subway tile backsplash, stainless steel appliances, and a functional center island. The renovated bathroom has been tastefully upgraded with contemporary finishes, creating a turnkey living experience. The spacious layout is enhanced by abundant natural light, generous living areas, and ample storage, including a large walk-in closet. The second 1-bedroom, 1-bath unit offers comfortable accommodations and presents an opportunity for future value enhancement. The detached studio garage conversion adds additional versatility and income-producing potential (buyer to verify permits and square footage). Situated on a prominent corner parcel, the property benefits from multiple access points, enhanced privacy, and excellent separation between living spaces. The outdoor courtyard provides a welcoming setting for entertaining, relaxing, or enjoying Southern California's year-round climate. Conveniently located near major transportation corridors, employment centers, schools, parks, shopping, dining, SoFi Stadium, Intuit Dome, Downtown Los Angeles, and USC, this property combines location, flexibility, and income potential in one attractive package. Whether you're an investor seeking strong rental opportunities or an owner-user looking to offset your mortgage with supplemental income, 5175 S. Van Ness Avenue offers a rare combination of character, privacy, and versatility on a beautifully maintained corner lot.

Additional Information

Appliances
Dishwasher, Disposal, Oven, Refrigerator, Dryer, Washer
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Exterior Construction
Wood Siding
Patio
Concrete
Roof
Composition, Shingle
Sewer
Other
School District
Los Angeles Unified
Interior Features
Recessed Lighting
Attached Structure
Attached
Number Of Units Total
2

Listing courtesy of Listing Agent: Teresa Mack (tmackproperties@gmail.com) from Listing Office: Pacific Playa Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.