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Map
$1,550,000
↑ $200K (14.8%)
●
Multifamily -
For Sale
716 N Van Ness Ave
Los Angeles, CA 90038
4 Beds
0 Bath
3932 Sqft
$7,611
Estimated Monthly
About This Property
Great Location! Four Plex in Prime location just North of Melrose.
Zoned LAR3 . There are four 1 bdrm + I bthrm units in the Bldg.,
plus Two garages with one car parking for each unit. All units are
occupied. The Bldg. is approx 6792 sq ft. Walk to stores,
restaurants and shops. Tree lined St. with parking. With strong
current income and future rental upside potential, this property
offers significant value. All units are separately metered for gas
and electricity. See DOCS for Rent Roll & Financials. Tenant
occupied property shown by the agent only . Inside with accepted
offer. Pls do not disturb the Tenants. Seller is selling this
property in its present as-is condition and will not be making
repairs or improvements. Financial information is provided by
Property Owner and not guaranteed by Agent or Seller. Buyer to
confirm financial information and property condition through
inspections during escrow. This property is covered by City of Los
Angeles Rent Control, Buyer to fully investigate. Agent Most
of the 4 units have been updated. Recent upgrades include some
plumbing,newer electrical in some units. it's worth noting it's
location is close to west Hollywood shopping, the Grove and
Holywood. Plenty of upside in current rents. The Bldg. has been
managed by its owners. , Priced to sell!.
The manager has listed the unit size as 3932 square feet.
The manager has listed the unit size as 3932 square feet.
Unit Size
3,932Ft²
Days on Market
36 days
Land Size
0.15 acres
Price per sqft
$394
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1928
Listed By
Last updated: 19 days ago (CLAWCA #385079)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 30, 2024 | Price Increased |
$1,550,000
↑ $200K
(14.8%)
|
|
Price Increased | |||
Apr 26, 2024 | Listed by Keller Williams Santa Monica | $1,350,000 | |
Listed by Keller Williams Santa Monica |
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Stucco
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Other
Loft
2
Baths
1,610 ft²
$838/ft²
$1,349,000
Mar 14, 2024
-
$427/mo
Active
House
3
Beds
4
Baths
1,866 ft²
$669/ft²
$1,249,000
Apr 5, 2024
-
$180/mo
Active
House
3
Beds
4
Baths
1,763 ft²
$709/ft²
$1,250,000
Apr 26, 2024
-
$189/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
716 North Van Ness Avenue
716 North Van Ness Avenue, Los Angeles, CA 90038
- 1 Unit for Sale
About Central LA
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