4 Unit Building in the heart of Koreatown, walking distance from parks, cafes, restaurants and minutes from freeways. Built in 1921. Each unit has 1 bedroom and 1 bathroom with similar square footage. The property is being sold by the successor trustee of a living trust. 1 unit will be occupied with tenant on a month-to-month lease with rent at $1000. Income and expenses have not been itemized as future income and expenses will depend on the choices make buy any buyer regarding renovations/rents/etc. Property is being sold "As Is" so buyer and their agent(s) are being advised to do the proper research to determine if this is the property for you. Great opportunity for an investor to renovate and reposition a 1920s classic apartment building.
Sold for $617,500 on 07/31/24
Listing Provided by:
Edwin Carneal DRE #01930709 714-396-3767,
LTF Real Estate Services
Bought with: Avenue Realty Group
$617,500
1548 S Van Ness Ave, Los Angeles, CA 90019
4beds
4baths
3,792sqft
Quadruplex
Built in 1921
-- sqft lot
$732,400 Zestimate®
$163/sqft
$2,831 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 11, 2023 at 01:43pm
Listing Provided by:
Edwin Carneal DRE #01930709 714-396-3767,
LTF Real Estate Services
Bought with:
Jonathan Rawson, DRE #02010400
Avenue Realty Group
Source: CRMLS,MLS#: OC22245415
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Natural Gas
Cooling
- None
Appliances
- Included: Gas Oven, Gas Range, Water Heater
- Laundry: Inside
Features
- Flooring: Laminate, Wood
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,792
- Total interior livable area: 3,792 sqft
Property
Parking
- Total spaces: 4
- Parking features: None
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 9,000 sqft
- Features: 2-5 Units/Acre, Sprinklers In Front
Details
- Parcel number: 5073003011
- Zoning: LAR3
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Clay,Tile
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Community
- Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 1000
Other
Other facts
- Listing terms: Cash to New Loan
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Estimated market value
$732,400