1322 Van Ness Street

Property Overview

!! GREAT INVESTMENT OPPORTUNITY !! Exceptional 4-unit investment opportunity in Angelus Vista, situated between Koreatown and Arlington Heights. This very well-maintained, fully fenced, secured fourplex and ready to be leased!! Each of the spacious four units features 1 bedroom and 1 bathroom, perfect for attracting tenants or making it your own investment dream. The property sits on a large 7,202 sq. ft. lot with a building size of over 3098 sq. ft., zoned LR3, offering future development potential, while SB1211 allows for the development of up to two detached ADUs by right buyer CAN BUILD 2 more units, each 2+1. Additional highlights include a 3-covered carport, that you can rent, ample parking is available at the rear and front of the property, ensuring convenience for all, a 250sqft basement for owner to use, every unit is separately metered gas and electricity. Located in a highly desirable neighborhood it’s within 3 miles to USC, 15-minute drive to Koreatown, Hollywood, DTLA, BMO Stadium, easy access to freeways. This is a rare opportunity to add to your portfolio and own an income-generating property in one of LA’s most sought-after areas. Three units will be delivered vacant. Live in one and rent the others!

Home Details

Property type: Residential Income - Quadruplex
Year built: 1940
Lot size: 7,202 sq ft
Parking: 9 spaces
Carport: 3 spaces
Stories: 2
Days on market: 1
MLS status: Active
Architectural style: Craftsman

Features & Amenities

Interior

Crown Molding
Quartz Counters
Tile Counters
Walk In Closets

Appliances

Dishwasher
Gas Range
Water Heater

Parking

Detached Carport
Driveway

Pool

None

Lot

Front Yard

Security

Security Gate

Community, Schools & Utilities

Utilities

Heating: SpaceHeater
Cooling: WallWindowUnits
Electric: Standard
Water: Private
Sewer: PrivateSewer

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Location & Neighborhood

Los Angeles, CA 90019

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Frequently Asked Questions About 1322 Van Ness Street

Property type: Residential Income

The current asking price is $1,300,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1322 Van Ness Street. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1940. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.