10
See all 10 photos
Listed by Sophia Chang, DRE #02029179 • New Star Realty & Investment
$1,300,000
Est. payment /mo
5 Beds
2 Baths
3,036 SqFt
New
1628 S Van Ness Los Angeles, CA 90019
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,036 sqft
Price per Sqft $428
MLS Listing ID CRPW26163177
Bedrooms 5
Full Baths 2
Year Built 1910
Lot Size 7,003 Sqft
Property Sub-Type Duplex
Source California Regional MLS
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
Location
State CA
County Los Angeles
Area Krea - Koreatown
Interior
Cooling Window / Wall Unit
Fireplaces Type None
Laundry Other
Exterior
Pool None
View None
Building
Water District - Public
Others
Tax ID 5073021011
Special Listing Condition Not Applicable
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