3973 S Van Ness Ave - Multi-Family FOR SALE


Los Angeles, CA 90062- Leimert Park
$765,000 USD
213-792-0940
3973 S Van Ness Ave, Los Angeles, CA for Sale
$765,000 USD
Multi-Family - FOR SALE
1/6
null | 3.25% Cap Rate

3973 S Van Ness Ave
Los Angeles, CA 90062
Leimert Park


HIGHLIGHTS

  • Leimert Park Duplex

OVERVIEW

Charming Craftsman-style duplex bungalow located in the highly desirable Leimert Park area of Los Angeles. This side-by-side duplex offers an excellent opportunity for both investors and owner-users. Each spacious unit features 2 bedrooms and 1 bath with approximately 928 sq. ft. of living space, open floor plans, original built-in cabinetry, linen closets, and a blend of tile and bamboo flooring throughout. Each unit also includes convenient side and rear exits for added privacy and functionality. The property features a detached two-car garage, a long driveway with ample parking potential, and a separate storage shed. Centrally located near shopping, dining, transportation, and major Los Angeles attractions, this character-filled income property offers strong upside potential in one of LA's most sought-after neighborhoods. Buyer to cooperate with Seller's 1031 Exchange at no additional cost or liability to Buyer.

FOR SALE DETAILS

PRICE

$765,000 USD

PRICE/SF

$412 USD /SF

# OF UNITS

2

PRICE/UNIT

$382,500

CAP RATE

3.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LAR1

APN/PARCEL ID

5035-004-020

ASK ABOUT THIS PROPERTY

Walter CastilloColdwell Banker CommercialMore Info
213-792-0940

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Walter CastilloColdwell Banker CommercialMore Info
213-792-0940

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.