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4125 S Van Ness Ave - South LA Duplex with One 3-Bedroom VACANT
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4125 S Van Ness Ave - South LA Duplex with One 3-Bedroom VACANT
2 Unit Apartment Building Offered at $950,000 in Los Angeles, CA 90062
![4125 S Van Ness Ave, Los Angeles, CA for sale - Primary Photo - Image 1 of 14](https://images1.loopnet.com/i2/gHl4xpKxzgSB8bYD3JUuNhkLOYQLRO5J1nQ8lvzJMtQ/110/4125-S-Van-Ness-Ave-Los-Angeles-CA-Primary-Photo-1-Large.jpg)
![4125 S Van Ness Ave, Los Angeles, CA for sale - Building Photo - Image 2 of 14](https://images1.loopnet.com/i2/kpx_M5vNmFAjHRpuicZb-Y5AJza9nrNrSkx_l9hLrog/110/4125-S-Van-Ness-Ave-Los-Angeles-CA-Building-Photo-2-Large.jpg)
![4125 S Van Ness Ave, Los Angeles, CA for sale - Building Photo - Image 3 of 14](https://images1.loopnet.com/i2/P8OsBKTtaDA-aW7sgJXZhq0FpBwqtRX1KHnEq5R2VBk/110/4125-S-Van-Ness-Ave-Los-Angeles-CA-Building-Photo-3-Large.jpg)
EXECUTIVE SUMMARY
DELIVERED WITH ONE 3-BEDROOM VACANCY! This renovated duplex in South LA is perfect for an owner-occupant with 3-bedroom delivered vacant and ready for immediate move-in - along with a small tenanted 2-Bedroom unit in the rear. Both units were beautifully remodeled in 2019, with brand-new appliances, new rain gutters, a new heater, and updated flooring throughout. Situated on a corner lot with frontage on both Van Ness Avenue and 41st Drive, the property offers plenty of natural light in the main front unit. Located in a sought-after area of South LA, the neighborhood is primed for revitalization, with ongoing development in housing and retail. With excellent access to major arteries, this property offers great potential for both owner-occupancy and/or investment.
PROPERTY FACTS
Price | $950,000 | Building Size | 1,802 SF |
Price Per Unit | $475,000 | Average Occupancy | 50% |
Sale Type | Investment | No. Stories | 1 |
No. Units | 2 | Year Built/Renovated | 1913/2019 |
Property Type | Multifamily | Parking Ratio | 1.66/1,000 SF |
Building Class | C |
Price | $950,000 |
Price Per Unit | $475,000 |
Sale Type | Investment |
No. Units | 2 |
Property Type | Multifamily |
Building Class | C |
Building Size | 1,802 SF |
Average Occupancy | 50% |
No. Stories | 1 |
Year Built/Renovated | 1913/2019 |
Parking Ratio | 1.66/1,000 SF |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
3+2.5 | 1 | - | 1,436 |
2+1 | 1 | - | 366 |
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Walk Score®
Very Walkable (77)
ZONING
Zoning Code | R1-1 (Residential) |
R1-1 (Residential) |
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4125 S Van Ness Ave - South LA Duplex with One 3-Bedroom VACANT
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