1628 S Van Ness, Los Angeles, CA 90019
1628 S Van Ness, Los Angeles, CA 90019
1628 S Van Ness, Los Angeles, CA 90019
1628 S Van Ness, Los Angeles, CA 90019
1628 S Van Ness, Los Angeles, CA 90019
1628 S Van Ness, Los Angeles, CA 90019
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Gary Bradley

Gary Bradley

+1(916) 893-9200
$ 1,300,000
Est. payment | /mo

5 Beds

2 Baths

3,036 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

5 Beds

2 Baths

3,036 SqFt

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 3,036 sqft

Price per Sqft $428

MLS Listing ID PW26163177

Bedrooms 5

Full Baths 2

Year Built 1910

Lot Size 7,003 Sqft

Property Sub-Type Townhome

Property Description

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.

Location

State CA

County Los Angeles

Direction From Koreatown: South on Western Ave, W on Venice Blvd, S on Van Ness Ave. Property on the east side of Van Ness Ave.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N Yes

Water Access Desc Public

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 5073021011

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Sophia Chang, DRE#02029179 New Star Realty & Investment 

Nearby Locations

Gary Bradley

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 893-9200

gary@avenurealestate.com

1715 R St #130 Sacramento, CA 95811, CA 95811, USA

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1628 S Van Ness