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1601 S Van Ness Ave
Los Angeles, CA 90019
Multifamily Property For Sale · 10 Units

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 8,814 SF
Average Occupancy 100%
No. Stories 2
Year Built 1949
Parking Ratio 0.68/1,000 SF
Zoning LAC2

ABOUT 1601 S VAN NESS AVE , LOS ANGELES, CA 90019

Located in the Arlington Heights one most desirable part of Los Angeles, in the coveted 90019 zip code. Just minutes from downtown Los Angels in one direction and the west side in the other. The building maintains 100 % occupancy with below market rents, which means that there is tremendous upside. The owner recently added a motorized gate, new facia, new rain gutters and new paint to the exterior. There is a new development planned for the property next door which will bring new capital into the immediate location. This is a fantastic opportunity to own a well maintained 10 Unit building! All units are 1 bedroom and 1 bathroom. It is located in a great area and has ample parking and a separate laundry room.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5073-023-026
Land Assessment
$1,968,561
Improvements Assessment
$874,915
Total Assessment
$2,843,476
  • Listing ID: 17303092

  • Date on Market: 9/26/2019

  • Last Updated:

  • Address: 1601 S Van Ness Ave, Los Angeles, CA 90019

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