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716 N Van Ness Ave
Los Angeles CA 90038 US

$1,550,000

Active Listing ID 24-385079
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4 bed
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Lot: 0.15 Acres
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Other

$1,550,000

Active Listing ID 24-385079
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716 N Van Ness Ave 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!.

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Floor Covering: Hardwood, Tile
  • Roof Type: Composition
  • Heating Fuels: Central Furnace, Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1550000
  • unparsedaddress: 716 N Van Ness Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90038
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1545
  • lotsizeunits: Acres
  • lotsizearea: 0.1545
  • livingarea: 3932
  • livingareaunits: Square Feet
  • latitude: 34.084095
  • longitude: -118.315392
  • listagentfullname: Richard M Chernock
  • listagentemail: RCHERNOCK@EARTHLINK.NET
  • listagentkey: 3yd-CLAWCA-X57362
  • listagentmlsid: X57362
  • listagentpreferredphone: 3104822200
  • listagentofficephone: 3104822200
  • listofficekey: 3yd-CLAWCA-X74717
  • listofficemlsid: X74717
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1928
  • listingcontractdate: 2024-04-26
  • listagenturl: http://www.kwsantamonica.com
  • countyorparish: Los Angeles
  • parcelnumber: 5535-002-003
  • elementaryschooldistrict: Other
  • middleorjuniorschooldistrict: Other
  • highschooldistrict: Other
  • constructionmaterials: Stucco
  • flooring: Hardwood, Tile
  • heating: Central Furnace, Forced Air
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 4
  • parkingfeatures: Garage
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Bedroom 2, Bedroom 3, Bedroom 4, Living Room, Master Bedroom
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.315392, 34.084095
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Listing Changed: 5/16/2024 2:19:04 AM GMT
Source Updated Date: 5/17/2024 6:56:28 AM GMT

Courtesy of: Richard M Chernock, KW Advisors, RCHERNOCK@EARTHLINK.NET

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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