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1628 S Van Ness Avenue, Los Angeles, CA 90019

Multi Family MLS# SB17033299 ID: 43499744
$1,150,000 Get Rates

Wonderful Income Property in Mid Los Angeles area. All units are now 100% occupied starting June 2017! All rents have been raised to current market value and now has a Cap Rate of 5.5% and GRM at 13.9! This Craftsman Duplex is in a quiet rental area of Los Angeles. Currently utilized and producing income as a three unit. Rear Building was built with Permits in 2001 and is a 2 bedroom 2 bath collecting $1900 monthly. The Front unit is currently configured as separate units with separate entry stairway in rear to a 3 bedroom 2 bath upstairs. Another 3 bedrooms 2 bath is downstairs with an entrance from the front. One of the three bedrooms is renting at $2,400 and the other 3 bed unit is renting for $2,300. Ample parking space for all tenants in the huge Backyard and in front as well. Centrally located to DTLA, Koreatown, Miracle Mile.

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Location Information near 1628 S Van Ness Avenue
Offered by Monica Han at Keller Williams Realty

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Property Features for 1628 S Van Ness Avenue
Market Status
Last Updated
October 19, 2017
Property Type
Multi Family
Year Built
Sq. Feet

Community Info

  • Home Owner Asso.: Sidewalks, Street Lights


  • MLS Area: C16 - Mid Los Angeles
  • Monica Han
  • Keller Williams Realty

Data Provided by:
California Regional Multiple Listing Service

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More information about this $1,150,000 Multi Family at 1628 S Van Ness Avenue

This $1,150,000 Multi Family at 1628 S Van Ness Avenue in Los Angeles, CA is presented by Monica Han. This $1,150,000 Multi Family, located in the 90019 zip code, has the following property features: MLS Area, Home Owner Asso.. This 1628 S Van Ness Avenue Multi Family, located in Los Angeles County , is listed under MLS listing number SB17033299 and has a listing price of $1,150,000. You can find more LOS ANGELES homes for sale here.