716 North Van Ness Avenue
716 North Van Ness Avenue
$1,550,000
4
4
3,932
3,932
$394
Description
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....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!.
- Listed by Richard M Chernock • DRE #01369553 • Brokerage DRE #01854200 • KW Advisors
Property Details for 716 North Van Ness Avenue
Zoning
LAR3
StyleArchitectural
Cross StreetsVan Ness and Melrose
Accessibility FeaturesNone
Parcel Number5535002003
Total Units4.0
Living Area3932
Source Living AreaVendor Enhanced
Location
LISTING UPDATED: 05/04/2024 12:01 AM
Property Details for 716 North Van Ness Avenue
Status | Active |
---|---|
MLS # | 24-385079 |
Days on Market | 14 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1928 |
Lot Size | 0.15 AC / 6,731 SF |
County | Los Angeles County |
Location
Building Information for 716 North Van Ness Avenue
Stories-Residences-Year Built1928Building Size-Lot Size0.15 AC / 6,731 SF
Payment Calculator
$8,680 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 716 North Van Ness Avenue
Property History for 716 North Van Ness Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 716 North Van Ness Avenue
Taxable ValueLand$73,124Additions$89,019Total$162,143
Tax Record2023$2,649 ($221 / month)
Home Facts
Total Finished SqFt3,932 SqFtAbove Grade Finished SqFt3,932 SqFtLot Size6,729 SqFtStyleQuadraplexYear Built1928ZoningLAR3CountyLOS ANGELESAPN5535-002-003
Schools near 716 North Van Ness Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Santa Monica Boulevard Community Charter School CharterK to 6 | ||
Joseph Le Conte Middle School Public6 to 8 | ||
Helen Bernstein High School Public9 to 12 | ||
STEM Academy at Bernstein High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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