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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

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    $2,831/mo

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    $2,831/mo

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    $3,779/mo

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    $3,779/mo

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    What's special

    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.

    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#: OC22245415MLS LogoOriginating 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