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    1163 N Van Ness Avenue

    Los Angeles (City), CA 90038
    • $2,300,000
    • STATUS: Active
    • ON SITE: 180 days
    • ID#: PW21059663
    UPDATED: 63 min ago
    $2,300,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,746
      SQFT
    • $297
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    There are two parcel next to each other: 5807 Virginia Ave, Los Angeles, CA 90038-2005 with the APN#:5534-018-011 with lot size of 7500. sqft. has 3 units and 1163 N Van Ness Avenue has 6 units combined both lot for the total of 9 units, 7746 Living Sqft & 14,961 Sqft Lots.Properties must be sold together, the combined land comes out to 14,961 square feet. This is a rare opportunity to find side by side lots on a corner. Buyer/Developer must confirm with the city of Los Angeles to determine the maximum number of units that can be built.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T17:27:21.203. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
    www.homesinthehighdesert.com/homes/115369833
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    1163 N Van Ness Avenue Los Angeles (City), CA 90038

    • Price: $2,300,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: PW21059663
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    7,746
    SQFT
    $297
    $/SQFT
    1962
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    There are two parcel next to each other: 5807 Virginia Ave, Los Angeles, CA 90038-2005 with the APN#:5534-018-011 with lot size of 7500. sqft. has 3 units and 1163 N Van Ness Avenue has 6 units combined both lot for the total of 9 units, 7746 Living Sqft & 14,961 Sqft Lots.Properties must be sold together, the combined land comes out to 14,961 square feet. This is a rare opportunity to find side by side lots on a corner. Buyer/Developer must confirm with the city of Los Angeles to determine the maximum number of units that can be built.
    Exterior Features

    Lot Features 11-15 Units/Acre Number Of Separate Electric Meters 6 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Sidewalks Garage YN No Gross Income 46776 Gross Scheduled Income 46776 Insurance Expense 15000 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 36000 New Construction YN No New Taxes Expense 50000 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 5000 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Total Actual Rent 3898 Trash Expense 4800 Vacancy Allowance 4677 Vacancy Allowance Rate 10 Water Sewer Expense 4800 Water Source Public Zoning Lar3

    Listing provided courtesy of Steve Vong of First American Team Realty Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T17:27:21.203. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
     
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