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
Location & Neighborhood
Frequently Asked Questions About 1322 Van Ness Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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