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1548 S Van Ness Avenue

Los Angeles (City), CA 90019
  • $1,450,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: OC22245415
UPDATED: 52 min ago
$1,450,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Edwin Carneal of Ltf Real Estate Services (714-396-3767)


Description

4 Unit Building in the heart of Koreatown, walking distance from parks, cafes, restaurants and minutes from freeways. Built in 1921. Each unit has 1 bedroom and 1 bathroom with similar square footage. The property is being sold by the successor trustee of a living trust. 1 unit will be occupied with tenant on a month-to-month lease with rent at $1000. Income and expenses have not been itemized as future income and expenses will depend on the choices make buy any buyer regarding renovations/rents/etc. Property is being sold "As Is" so buyer and their agent(s) are being advised to do the proper research to determine if this is the property for you. Great opportunity for an investor to renovate and reposition a 1920s classic apartment building.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-28T23:29:49.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/134944381
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1548 S Van Ness Avenue Los Angeles (City), CA 90019

  • Price: $1,450,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 52 min ago
  • ID#: OC22245415
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1921
Built
Neighborhood:
KREA - Koreatown
County:
Los Angeles
Area:
KREA - Koreatown
Property Description
4 Unit Building in the heart of Koreatown, walking distance from parks, cafes, restaurants and minutes from freeways. Built in 1921. Each unit has 1 bedroom and 1 bathroom with similar square footage. The property is being sold by the successor trustee of a living trust. 1 unit will be occupied with tenant on a month-to-month lease with rent at $1000. Income and expenses have not been itemized as future income and expenses will depend on the choices make buy any buyer regarding renovations/rents/etc. Property is being sold "As Is" so buyer and their agent(s) are being advised to do the proper research to determine if this is the property for you. Great opportunity for an investor to renovate and reposition a 1920s classic apartment building.
Exterior Features

Architectural Style Spanish Fencing None Lot Features 2-5 Units/AcreSprinklers In Front Number Of Separate Electric Meters 4 Parking Features None Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Roof ClayTile Spa Features None Spa YN No

Interior Features

Appliances Gas OvenGas RangeWater Heater Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring LaminateWood Heating Natural Gas Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsGutter(S)Storm Drain(S)Street LightsSidewalksUrban Electric Expense 0 Exclusions Any Appliances Belonging To Current TenantsTwo Of Which Will Be Moving By Close Of Escrow Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 1 Operating Expense 0 Property Sub Type Quadruplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Window Bars Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays ElectricityGasTelephone Total Actual Rent 1000 Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas Connected Water Sewer Expense 0 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-28T23:29:49.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Edwin Carneal of Ltf Real Estate Services (714-396-3767)