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Investment Highlights

  • Leimert Park Duplex

Executive Summary

Charming Craftsman-style duplex bungalow located in the highly desirable Leimert Park area of Los Angeles. This side-by-side duplex offers an excellent opportunity for both investors and owner-users. Each spacious unit features 2 bedrooms and 1 bath with approximately 928 sq. ft. of living space, open floor plans, original built-in cabinetry, linen closets, and a blend of tile and bamboo flooring throughout. Each unit also includes convenient side and rear exits for added privacy and functionality. The property features a detached two-car garage, a long driveway with ample parking potential, and a separate storage shed. Centrally located near shopping, dining, transportation, and major Los Angeles attractions, this character-filled income property offers strong upside potential in one of LA's most sought-after neighborhoods. Buyer to cooperate with Seller's 1031 Exchange at no additional cost or liability to Buyer.

Property Facts

Price $765,000
Price Per Unit $382,500
Sale Type Investment
Cap Rate 3.25%
Sale Condition 1031 Exchange
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Building Size 1,856 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1923/2020

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $1,670 928
2+1 2 $1,363 928
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
  • Listing ID: 40744664

  • Date on Market: 6/1/2026

  • Last Updated:

  • Address: 3973 S Van Ness Ave, Los Angeles, CA 90062

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