Properties
Los Angeles, CA 90019 1322 S Van Ness
$1,300,000
28 more
Presented By: Elvia Luna with Beverly and Company, Inc.; 323.379.8888
Baths • 1
SQFT • 3,098
Home Details
!! 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 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.
Presented By: Elvia Luna with Beverly and Company, Inc.; 323.379.8888
Interior Features for 1322 S Van Ness
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)Yes
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NYes
Interior AmenitiesQuartz Counters, Tile Counters
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 1322 S Van Ness
AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Gas Range, Gas Water Heater
Architectural StyleCraftsman
Building Area UnitsSquare Feet
Carport Spaces3
Carport Y/NYes
CityLos Angeles
Community FeaturesDog Park, Park, Street Lights, Sidewalks
Construction MaterialsStucco
Contingencynone
CoolingWall/Window Unit(s)
CountyLos Angeles
Current FinancingConventional
DirectionsOff of Pico and Van Ness
Entry LocationFront
Garage Spaces
Garage Y/NNo
Gross Income
HOANo
HOA Fee$
HeatingSpace Heater
Insurance Expense3600
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan, Conventional, FHA
Lot Size Square Feet7202
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces8
Operating Expense0
Other StructuresStorage
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
RoofAsphalt
Security FeaturesCarbon Monoxide Detector(s), Security Gate, Smoke Detector(s), Window Bars
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot36
Tenant PaysCable TV, Electricity, Gas, Trash Collection
Trash Expense0
UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
Water Sewer Expense3600
Year Built1940
Year Built SourceAssessor
Exterior for 1322 S Van Ness
Building Area Total3098
FencingBlock
Foundation DetailsRaised
Lot FeaturesFront Yard, Garden
Lot Size Acres0.1653
Lot Size Area7202
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesAssigned, Covered, Detached Carport, Driveway
Private PoolNo
Road Frontage TypeCity Street
SpaNo
Total Parking11
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
