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Real Estate/CA/Los Angeles/1628 S Van Ness
Photo 1 of 1628 S Van Ness
Photo 2 of 1628 S Van Ness
1 / 10
Main
Interior 1
Interior 2
Interior 3
Interior 4
imagesmode View 10 photos
For Sale
$1,300,000
Est. $7,280/mo

1628 S Van Ness, Los Angeles, CA 90019

bed
5
Bedrooms
bathtub
2
Bathrooms
square_foot
3,036
Sq Ft

About this home

Investor's Opportunity in Prime Mid-City Los Angeles! This well-maintained triplex presents an outstanding investment opportunity in one of Los Angeles' most desirable rental markets, just minutes from Koreatown, Downtown LA, USC, shopping, dining, schools, public transportation, and major freeways. Originally configured as a duplex, the property has been divided into three separate units, offering excellent rental income potential. The property features a desirable unit mix with two spacious 3-bedroom, 2-bath units in the front building and one 2-bedroom, 2-bath unit in the rear. It is currently generating approximately $5,000 per month in rental income, with tremendous upside potential. A spacious upstairs 3-bedroom, 2-bath unit is currently vacant, providing an excellent opportunity for an owner-user to move in immediately or for an investor to lease at current market rent and significantly increase cash flow. Some photos have been virtually staged to illustrate the property's potential. No physical furniture is included. Additional amenities include on-site laundry, ample rear parking, and a functional layout that appeals to long-term tenants. With strong income potential, an excellent location, and long-term appreciation opportunities, this property is ideal for both investors and owner-users looking to build wealth in the heart of Los Angeles. The property is located on a wide and clean street. Do not disturb tenants. Drive-by only.

Property Facts

bed

Bedrooms

5

bathtub

Bathrooms

2

square_foot

Square Feet

3,036

landscape

Lot Size

7,003 sqft

calendar_month

Year Built

1910

home_work

Property Type

Duplex

timer

Days on Market

1

payments

HOA Fee

N/A

garage

Garage Total

0

fingerprint

MLS #

PW26163177

Interior Details

Kitchen & Appliances

Laundry

Outside

Bed & Bath

Main Level Bedrooms

3

Main Level Bathrooms

2

Climate Control

Cooling

Wall Window Units

Parking

Exterior & Lot

Lot & Grounds

Lot Features

Two To Five Units Acre

Sewer

Public Sewer

Water Source

Public

Community & HOA

Community Features

Urban

Mortgage Calculator

Total Monthly

$0

Principal & Interest:
$0
Property Tax:
$0
Home Insurance:
$0
HOA Fees:
$0
$
$
%

Nearby Schools

RatingSchool NameGradesDistance
4
Pio Pico Middle
Middle School
6-80.2 mi
5
Carson-Gore Academy Of Environmental Studies
Elementary School
K-50.3 mi
N/A
Sound Of Music Preschool
Private School
K-120.3 mi
N/A
Joseph Pomeroy Widney Career Preparatory And Transition Center
High School
11-120.5 mi
3
Arlington Heights Elementary
Elementary School
K-50.5 mi

Convenience Score

Market Insights

90019|Los Angeles

Estimated Value

Calculating...
No change vs. last year
Value history is still building for this area.

Market Temperature

Seller'sBalancedBuyer's
0d30d60d180d
Balanced

Balanced market

30 Days

Avg. time on market

This is a Balanced Market. Homes are selling at a moderate pace.

Flood & Climate Risk

Noise Levels

Location

1628 S Van Ness

Los Angeles, CA 90019

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