1322 Van Ness Street, Los Angeles, CA 90019

$1,300,000

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List Price
$1,300,000
Status
ACTIVE
MLS#
SR26153015
Year Built
1940
Lot Size
7,202
Acres
0.17
Lot Location
Front Yard
Days on Market
13
Property Type
Multifamily
Style
Craftsman
Property Sub Type
Quadruplex
Stories
Two Levels

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!

Additional Information

Appliances
Dishwasher, Gas Range, Water Heater
Pool Description
None
Heat
Space Heater
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Exterior Construction
Stucco
Roof
Asphalt
Sewer
Private Sewer
Water
Private
Interior Features
Crown Molding, Quartz Counters, Tile Counters, Walk-In Closet(s)
Attached Structure
Attached
Number Of Units Total
4

Listing courtesy of Listing Agent: Elvia Luna (elvialuna@gmail.com) from Listing Office: Beverly and Company, Inc..

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.