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3973 S Van Ness Ave 2 Unit Apartment Building Offered at $765,000 at a 3.25% Cap Rate Los Angeles, CA 90062



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
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,670 | 928 |
| 2+1 | 2 | $1,363 | 928 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
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3973 S Van Ness Ave
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