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Real Estate Listing at Properties from The Knight Group LA

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The Knight Group LA

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$3,995,000
120 Days On Site

1827 N Van Ness Avenue
Los Angeles, CA 90028

For Sale|Residential Income|Active
24
Beds
24
Total Baths
14,300
SqFt
$279
/SqFt
1964
Built
County:
Los Angeles
Listed by Michael Kamara of Lyon Stahl Investment Real Estate, Inc. Michael.kamara@lyonstahl.com
Call Now: 503.200.4823
Is this the listing for you? We can help make it yours.
503.200.4823
1827 N Van Ness Avenue1827 N Van Ness Avenue1827 N Van Ness Avenue1827 N Van Ness Avenue
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Monthly Payment (Est.)

$18,227
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1827 N Van Ness Ave, a 16 unit apartment building located in the heart of Hollywood, a prime neighborhood of Los Angeles, CA. Built in 1964, the property consists of (8) one-bedroom + one-bathroom units and (8) two-bedroom + two-bathroom units. The building is 14,300 gross square feet and sits on a 13,509 square foot lot.1827 N Van Ness Ave is located on a charming, tree-lined street in Hollywood. There is no shortage of activities to explore in the area. From popular hiking trails of Runyon Canyon and Griffith Park to seeing the Hollywood Walk of Fame.Hollywood's central location provides convenient access to major freeways, public transportation, and is only a 5-minute walk to the Hollywood Blvd Metro station further extending the area's connectivity to the rest of Los Angeles.1827 N Van Ness Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 5.29% with the ability to improve to a7.22% CAP rate once units turnover.

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Listing Snapshot
Price 
$3,995,000
Days On Site 
120 Days
Bedrooms 
24
Inside Area (SqFt) 
14,300 sqft
Total Baths 
24
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3102 Acres
Year Built 
1964
MLS® Number 
25505787
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.3102
Parking 
Underground
Parking Spaces 
16
Special Circumstances 
Standard
SqFt Total 
14300
Stories 
Multi/Split
Zoning 
LARD1.5
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Community Features
MLS Area 
C20 – Hollywood
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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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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