8216 S Van Ness Avenue
Property Overview
BACK ON THE MARKET! First time on the market in over 50 years! Exceptional value add investment opportunity just minutes from SoFi Stadium. Sitting on a corner lot currently configured as a 3 unit, this unique property offers the potential to convert back to its original 4 unit layout. The spacious owner's unit features a combined 5 bedroom, 2 bath floor plan (Front Unit 3BD/1BA) and (Rear Unit 2BD/1BA with attached garage). This combined unit will be delivered vacant. The 2 upper 1 bedroom, 1 bath units, will both be delivered tenant occupied, providing immediate rental income. The property includes 4 separate addresses, each with their own entrance, as well as 4 separate gas and electric meters, offering excellent flexibility for future improvements. There is an additional detached garage presenting ADU or garage conversion potential, creating even more income possibilities. Recent upgrades include fresh interior paint, new carpet, and an updated roof. Whether you're looking to own a home with built in rental income, expand your investment portfolio, or unlock the property's full potential through restoration to a 4 unit configuration and possible ADU additions, this is an opportunity you won't want to miss. Properties with this combination of location, flexibility, and upside rarely become available. Don't miss your chance to make this gem your own!
Home Details
- Property type
- Residential Income - Triplex
- Year built
- 1927
- Lot size
- 5,807 sq ft
- Parking
- 4 spaces
- Garage
- 4 spaces
- Stories
- 2
- Days on market
- 17
- MLS status
- Active
- Architectural style
- Traditional
- Zoning
- RD1.5-1
Features & Amenities
Interior
- Ceiling Fans
- Storage
Appliances
- Dishwasher
- Gas Range
- Refrigerator
Parking
- Direct Access
- Door Single
- Garage
- Private
- Garage Faces Side
Pool
- None
Lot
- Two To Five Units Acre
- Corner Lot
- Front Yard
- Lot Over40000Sqft
- Walkstreet
- Yard
Exterior
- Awnings
- Rain Gutters
Security
- Carbon Monoxide Detectors
- Smoke Detectors
Community, Schools & Utilities
Community
- Fireplace
- Yes
- View
- None
Utilities
- Heating
- WallFurnace
- Cooling
- None
- Electric
- Standard
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 8216 S Van Ness Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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