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$1,550,000
4 bed
3,932 Sqft
6,731 Sqft lot

716 N Van Ness Avenue, Los Angeles, California 90038

  • Residential Income Property Type
  • 23 Days Time on market
  • $394 Price per sqft
  • 1928 Year Built
Property Description

Great Location! Four Plex in Prime location just North of Melrose. Zoned LAR3 . There are four 1 bdrm + I bthrm units in the Bldg., plus Two garages with one car parking for each unit. All units are occupied. The Bldg. is approx 6792 sq ft. Walk to stores, restaurants and shops. Tree lined St. with parking. With strong current income and future rental upside potential, this property offers significant value. All units are separately metered for gas and electricity. See DOCS for Rent Roll & Financials. Tenant occupied property shown by the agent only . Inside with accepted offer. Pls do not disturb the Tenants. Seller is selling this property in its present as-is condition and will not be making repairs or improvements. Financial information is provided by Property Owner and not guaranteed by Agent or Seller. Buyer to confirm financial information and property condition through inspections during escrow. This property is covered by City of Los Angeles Rent Control, Buyer to fully investigate. Agent Most of the 4 units have been updated. Recent upgrades include some plumbing,newer electrical in some units. it’s worth noting it’s location is close to west Hollywood shopping, the Grove and Holywood. Plenty of upside in current rents. The Bldg. has been managed by its owners. , Priced to sell!.

Basic Details
Residential Income
Buy
24385079
$1,550,000
4
3,932 Sqft
1928
6,731 Sqft
Active
Condos/Co-ops
Features
: Central, Forced Air
: Wall/window Unit(s)
: Oven, Dryer, Dishwasher, Refrigerator, Washer
: Gated
4
$0
: Composition
: Sewertappaid
Address
CA
Los Angeles
Los Angeles
90038
716 N Van Ness Avenue
716
Avenue
0
W119° 41' 4.6''
N34° 5' 2.7''
N
Additional Information
23
1
2
0
4
: Two
1
3,932 Sqft
0 Sqft
0 Sqft
0.15 Sqft
6,731 Sqft
1
0 Sqft
LAR3
5535002003
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
26/04/2024 18:21:32
$1,350,000
: Standard
North of Melrose Ave. on N. Van Ness
KW Advisors
Richard M Chernock
CLW-X74717
CLW-X57362
$0
3.5
West
: Tile, Wood
1
: Front Yard, Yard
1
: Overheadutilities
0
0
1
1
1
4
Gated Community,Window Bars
1
90144
US-06037-N-5535002003-R-N
27/04/2024 01:43:24
Van Ness
C20 - Hollywood
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