1834 North Van Ness Avenue

Los Angeles, CA 90028

$1,400,000
Price
4
Beds
4
Baths
3,712 Sq. Ft.
$377 / Sq. Ft.
3,712
Sq. Ft.
$377
per Sq. Ft.

Description

First time on the market in over 50 years! Investors and developers, don’t miss this prime opportunity in the heart of Hollywood! This 4-unit apartment building features spacious 1-bedroom, 1-bathroom units, each approximately 930 sq ft (one is currently tenant occupied), and sits on a lot of approximately 6,800 sq ft zoned LARD1.5. The property offers substantial redevelopment potential, including eligibility for Los Angeles' Transit Oriented Communities (TOC) tier 3 incentives, which could allow...First time on the market in over 50 years! Investors and developers, don’t miss this prime opportunity in the heart of Hollywood! This 4-unit apartment building features spacious 1-bedroom, 1-bathroom units, each approximately 930 sq ft (one is currently tenant occupied), and sits on a lot of approximately 6,800 sq ft zoned LARD1.5. The property offers substantial redevelopment potential, including eligibility for Los Angeles' Transit Oriented Communities (TOC) tier 3 incentives, which could allow up to 70% more units with affordable housing set-asides, reduced parking requirements (as low as 0.5 spaces per unit), and additional height or FAR bonuses. Perfectly situated, this property is moments from the iconic Hollywood Walk of Fame, Griffith Park and Observatory for hiking and scenic views, and Runyon Canyon for outdoor enthusiasts. It is surrounded by world-class shopping, dining, and entertainment options, including Hollywood & Highland, Sunset Strip, and the Melrose Avenue retail corridor. Enjoy easy access to nearby neighborhoods like West Hollywood, Los Feliz, and Silver Lake, all popular hubs for arts, culture, and nightlife. Proximity to major freeways like the 101 ensures seamless connectivity to Downtown LA, Burbank, and Studio City. Whether repositioning the asset or undertaking a new build, this property offers unparalleled potential to thrive in one of LA’s most dynamic markets. Contact us for more details!
  1. Listed by Parastou Asadian • DRE #01913000 • Brokerage DRE #01811831 • Equity Union • 818-212-0272

Property Details for 1834 North Van Ness Avenue

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3712
LISTING UPDATED: 12/26/2024 04:57 AM

Property Details for 1834 North Van Ness Avenue

StatusPending
MLS #SR24249643
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1919
Lot Size0.16 AC / 6,772 SF
CountyLos Angeles County

Building Information for 1834 North Van Ness Avenue

Stories2Residences-Year Built1919Building Size-Lot Size0.16 AC / 6,772 SF

Property Information for 1834 North Van Ness Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $15,600
  • Net Operating Income: $10,600
Expense Details
  • Operating Expense: $5,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,500
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $1,500
Tax / Assessment Info
  • Tax Tract Number: 13
  • Tax Census Tract: 1903.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 118
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Equipment: N/K, Gas Range
  • Interior Features: Built-in Features, Ceiling Fan(s)
  • Room Type: Kitchen, Living Room
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Room Bathroom Features: Bathtub, Shower, Shower in Tub
  • Room Kitchen Features: Tile Counters
  • Eating Area: Dining Room
  • Laundry: No
  • Laundry Features: None
  • Laundry Location: N/K
  • Fireplace Features: Living Room, Decorative
  • Fireplace Rooms: Decorative, Living Room
  • Fireplace: FP in Living Room, Decorative
  • Cooling: None
  • Floor Coverings: Tile, Wood
  • Flooring: Tile, Wood
Exterior Features
  • Window Features: Wood Frames
  • Construction Materials: Frame, Wood Siding
  • Exterior Construction: Frame, Wood Siding
  • Exterior: Wood, Frame
  • Entry Location: Front & Rear
  • Structure Type: Quadruplex
  • Property Condition: Fixer
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Landscaped
  • Lease Considered: No
  • Number Of Units: 4
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Attached Garage: No
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 1834 North Van Ness Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1834 North Van Ness Avenue

Taxable ValueLand$138,525Additions$34,128Total$172,653
Tax Record2024$2,690 ($224 / month)
Home Facts
Total Finished SqFt3,712 SqFtAbove Grade Finished SqFt3,712 SqFtLot Size6,770 SqFtStyleQuadraplexYear Built1919ZoningLARD1.5CountyLOS ANGELESAPN5586-031-019

Schools near 1834 North Van Ness Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 7 to 12
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Grant Elementary School
PublicK to 6

Apex Academy
Charter7 to 12

Hollywood Senior High School
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Equity Union, Parastou Asadian, DRE #01913000

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.