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1526 S Van Ness Avenue

Los Angeles, CA 90019

– beds
– baths
– sqft
9,001 sqft lot
1912 build
– on site

PERFECTLY LOCATED JUST WEST OF DTLA AND KOREATOWN | FRONT BUILDING REMODELED AT THE END OF LAST YEAR, BACK BUILDING RECENTLY RENOVATED | DELIVERED OPTIONS: 2 UNITS VACANT, 2 UNITS WITH LEASES EXPIRING BEFORE JUNE 30TH | LOW-MAINTENANCE FRONT AND BACK YARD | IMPECCABLY MAINTAINED HOME | CAP RATE: 6.26% Exceptional Quadplex–A Prime Investment and Living Opportunity, Luxurious interiors, and an unbeatable location. Whether you are seeking a profitable investment or a comfortable home, this property is an ideal choice. Recent renovations have transformed the buildings into a more modern and inviting space, further enhancing their value and appeal. The property is secured with an automated entry gate and consists of two separate buildings, housing a total of four units. Main Building Size, 3,110 sq. ft. (Two-story structure), Five generously sized bedrooms and three bathrooms, The first floor features a beautifully designed family and dining area, complete with an elegant chandelier, custom hardwood finishes, and a cozy fireplace. The recently remodeled kitchen boasts premium materials and finishes, offering an inspiring space for culinary creations. A versatile patio serves as an ideal bonus room or hobby space, while the large basement provides ample storage or multifunctional use. The second floor includes additional bedrooms and a sunlit sunroom, accessible via two staircases (main and kitchen-adjacent). Rear Building, 2,020 sq. ft. (Three units), Comprising one unit with one bedroom and one bathroom, and two units with two bedrooms and one bathroom each, totaling five bedrooms and three bathrooms. All units have been meticulously updated with high-end materials, exuding a sleek and modern atmosphere. Includes a one-car garage, making it perfect for owner-occupants looking to generate additional rental income. Lot Size: 9,001sq. ft and ample parking with one garage and seven designated spaces, expandable to accommodate up to 14 vehicles with tandem parking. The property also includes a low-maintenance landscaped garden. HVAC independent systems for each unit/room. Within walking distance of Pio Pico Middle School and the highly-rated Speakeasy Fitness Center. Conveniently close to the 10 Freeway, providing seamless access to the greater Los Angeles area. The main building and one unit in the rear building are currently vacant, offering immediate opportunities for occupancy or leasing. property. TOURS AVAILABLE AFTER THE OPEN HOUSE ON 1/18/2025.

Listed By CRMLS_CA / Kyungwan Cho / Western Realty Group / 213-342-1004

Last checked: Checking… • Last updated Jan 21, 2025 •

MLS# SR25001162 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1912
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Concrete, Drywall Walls, Glass, Hardboard
Building Area Total:

5130.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

2
Architectural Style:

Craftsman
Roof:

Shingle
Foundation:

Concrete Perimeter
Exterior Features:

Lighting
Stories Total:

2
Entry Level:

1
Accessibility Features:

Parking
Common Walls:

No Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Features:

Balcony, Built-in Features, Ceiling Fan(s), Ceramic Counters, Crown Molding, Dry Bar, Granite Counters, Pantry, Storage, Two Story Ceilings
Levels:

Two
Entry Location:

NA
Door Features:

French Doors, Panel Doors
Window Features:

Wood Frames
Flooring:

Laminate
Room Type:

Basement, Bonus Room, Entry, Family Room, Great Room, Kitchen, Laundry, Living Room, Workshop
Fireplace:

Yes
Fireplace:

Family Room
Laundry:

Gas & Electric Dryer Hookup, Washer Hookup
Laundry:

1

Financial & Terms

Disclosures:

Home Warranty, Rent Control

Location

Directions:

Venice Blvd and South Van Ness
Latitude:

34.04459200
Longitude:

-118.31534300

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Updated/Remodeled
Zoning:

LAR3
Lot Features:

2-5 Units/Acre
Lot Size Area:

9001.0000
Lot Size Acres:

0.2066
Lot Size SqFt:

9001.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wrought Iron
Fence:

Yes
Security Features:

Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Privately Maintained, Unpaved
Additional Parcels:

No
Other Structures:

Storage, Workshop
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2213.04
Tax Tract:

25
Tax Lot:

25

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5073003015
Showings Begin:

2025-01-14

Heating & Cooling

Heating:

1
Heating:

Space Heater
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Available
Sewer:

Public Sewer
Electric:

Electricity - On Property, Standard
Water Source:

Public

Appliances

Appliances:

Dishwasher, Free-Standing Range, Disposal
Included:

Yes

The Community

Features:

Park
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Auto Driveway Gate, Driveway, Concrete, Garage, Parking Space, RV Gated
Parking Spaces:

8.00
Garage Spaces:

1.00
Uncovered Spaces:

7.00

Extra Units

Number With Disposal:

3
Number With Dishwasher:

1
Number With Refrigerator:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/14/25 Jan 14, 2025	Listed / Active	CRMLS_CA	$2,099,000	183.6% (15.3% / YR)
5/25/21 May 25, 2021	Sold	BRIDGE
1/3/13 Jan 3, 2013		CRMLS_CA	$740,000

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This multifamily located in Central LA, Los Angeles, CA 90019 is currently for sale for $2,099,000. 1526 S Van Ness Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 7 days. 1526 S Van Ness Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 81, making it very walkable. This multifamily is in the attendance area of Carson-Gore Academy Of Environmental Studies, Los Angeles Senior High, and Pio Pico Middle School.

Listing Courtesy of: CRMLS_CA and Western Realty Group. Based on information from California Regional Multiple Listing Service, Inc. as of 22:30 on Jan 21.

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 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, 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.