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3973 S Van Ness Ave 2 Unit Apartment Building $755,000 ($377,500/Unit) Los Angeles, CA 90062
Investment Highlights
- Leimert Park Duplex
Executive Summary
A Must See...Exceptional Leimert Park Duplex Opportunity! Charming side-by-side Craftsman-style duplex offering an ideal opportunity for both owner-users and investors in one of Los Angeles' most desirable neighborhoods. Each spacious unit features 2 bedrooms, 1 bath, approximately 928 sq. ft., open floor plans, original built-in cabinetry, linen closets, and a combination of bamboo and tile flooring. Separate side and rear entrances provide added privacy and convenience. The property also includes a detached two-car garage, a long driveway with additional parking potential, and a storage shed. Ideally located near Leimert Park Village, USC, Culver City, Downtown LA, shopping, dining, Metro transit, and major freeways. Live in one unit and rent the other, or add a quality income property to your portfolio. Seller will consider all reasonable offers.
Property Facts
| Price | $755,000 | Building Class | C |
| Price Per Unit | $377,500 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 1,856 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1923/2020 |
| Property Subtype | Apartment | Parking Ratio | 2.16/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR1 - One-Family Residential | ||
| Price | $755,000 |
| Price Per Unit | $377,500 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 1,856 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1923/2020 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | LAR1 - One-Family Residential |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Freezer
Site Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,517 | 928 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5035-004-020 | Improvements Assessment | $32,183 |
| Land Assessment | $225,351 | Total Assessment | $257,534 |
Property Taxes
Parcel Number
5035-004-020
Land Assessment
$225,351
Improvements Assessment
$32,183
Total Assessment
$257,534
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3973 S Van Ness Ave
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