1163 N VAN NESS AVE

LOS ANGELES, CA, 90038

$2,250,000

$450 per ft²
$2,250,000
$450 per ft²
Active
Active
 - For Sale
beds
8 Beds
baths
10 Baths
carpenters-square
4,992 ft²
property_type
Multi-family
calendar
Built 1962
POTENTIAL 6% CAP WITHOUT CONSTRUCTION! Developers Dream! PLUS Buy & Hold Investment Opportunities, WITH INCOME, for these Offerings! AND these Offerings are Truly LOW-PRICED! CHOICE CORNER DOUBLE LOT OFFERINGS in a Family Area Near Schools & Shopping & Transportation! TWO PARCELS to be sold together, both on the Market: This Property (1163 North Van Ness Ave. 90038) PLUS the Next Door Property (5807 Virginia Ave.90038 - Check the MLS)!! Both For Sale - Both On The Market and Both Properties must close Escrow at the same time. These properties are a Hard to Find COMBO Double-Lot Development Site in Hollywood! Total Lot Footage approximately 15,000 SF! CHECK WITH THE CITY as the Zoning is R3-T2 for both lots. THREE UNITS ARE VACANT, which makes this Investment Even Better! And this is a great Future Investment as well. Buy Now - Build Later! Should you decide not to Build at this time, in the interim, you will have the opportunity of Top Rental Rates for the 3 Vacant Units! And There's More: This is potentially considered a Perfect Investment to park your Exchange Trade Funds for possible Extreme Future Benefits! Please note that unit income calculations herein are based upon projected income estimations. Email any additional questions or thoughts to Agent, thank you!
MLS® ID:
22-127239
Listed:
2/14/22
Updated:
9/24/22

Interior Features

Total Bedrooms
8
Total Bathrooms
10
Cooling
Window Unit(s)
Heating
Wall

Exterior/Building Features

Lot Size
7,451 ft² lot
Exterior Features
None
Architectural Style
Contemporary
Lot Details
Corners Established

Other Property Details

Garage
No
Parking
Detached
Parking Total
6.0
View
Y
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR3

 

Courtesy of Bruce Jay, Bruce Jay Associates

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor OMNI Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/24/22

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