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1322 Van Ness St, Los Angeles, CA, 90019

4beds
4baths
3,098sqft
$1,300,000
$420price/sqft
$8,207/moest. monthly cost
$328,280/yrincome needed

About This Home

!! PRICED TO SELL !!! 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!

Getting Around

86
WalkingVery Walkable
64
TransitGood Transit
71
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1940

Materials

  • Foundation: Raised
  • Roof: Asphalt
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Architectural style: Craftsman
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Water Heater
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Crown Molding,Quartz Counters,Tile Counters,Walk-In Closet(s)
  • Window features: ENERGY STAR Qualified Windows
  • Flooring: Laminate,Tile
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Space Heater
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,098
  • Total interior livable area: 3,098 sqft

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 2
  • Pool features: None
  • Spa features: None
  • Fencing: Block,Wrought Iron

Lot

  • Lot size: 7,202 sqft
  • Features: Front Yard

Parking

  • Total spaces: 9
  • Parking features: Detached Carport,Driveway
  • Covered spaces: 3
  • Uncovered spaces: 6
  • Carport: Yes
  • Carport spaces: 3