3886 South Van Ness Avenue, Unit 2

Los Angeles, CA 90062

$968,500
Price
4
Beds
2
Baths
1,602 Sq. Ft.
$605 / Sq. Ft.
1,602
Sq. Ft.
$605
per Sq. Ft.

Description

Charming Duplex Close to USC with ADU Plans ! Welcome to this fantastic investment opportunity! This well-maintained duplex features two units, each boasting two bedroom and one bathroom. Perfectly situated just 8 minutes from University Of Southern California ( USC). Each unit comes with its own dedicated parking space, providing convenience and peace of mind. The layout is designed to maximize space and natural light, creating an atmosphere that residents will love coming home to. Additionally...Charming Duplex Close to USC with ADU Plans ! Welcome to this fantastic investment opportunity! This well-maintained duplex features two units, each boasting two bedroom and one bathroom. Perfectly situated just 8 minutes from University Of Southern California ( USC). Each unit comes with its own dedicated parking space, providing convenience and peace of mind. The layout is designed to maximize space and natural light, creating an atmosphere that residents will love coming home to. Additionally there are exciting plans in place for an Accessory Dwelling 2 units with additional 1400 square feet ( ADU) with an onsite laundry facility, offering even more potential for rental income. With its prime location and potential for further development this duplex is a smart investment for those looking to capitalize on the rental market. Don't miss your change to won't this versatile property. Please Note This Property to be sold together with 1943 W 39th St L. A 90062
  1. Listed by Cynthia Ball-Ward • DRE #01900418 • Brokerage DRE #00905345 • Pinnacle Estate Properties • 310-927-4221

Property Details for 3886 South Van Ness Avenue, Unit 2

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1602
Assessor Parcel Number
5035-021-014
Property Attached YN
true
LISTING UPDATED: 11/01/2024 10:57 AM

Property Details for 3886 South Van Ness Avenue, Unit 2

StatusActive
MLS #SR24192660
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.12 AC / 5,063 SF
CountyLos Angeles County

Building Information for 3886 South Van Ness Avenue, Unit 2

Stories1Residences-Year Built1923Building Size-Lot Size0.12 AC / 5,063 SF

Property Information for 3886 South Van Ness Avenue, Unit 2

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $37,896
  • Gross Scheduled Income: $37,896
  • Net Operating Income: $34,426
Expense Details
  • Operating Expense: $3,470
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,464
  • Professional Management Expense: $0
  • Trash Expense: $6
  • Water Sewer Expense: $2,016
  • Total Expenses: $3,470
Tax / Assessment Info
  • Tax Tract Number: 972
  • Tax Census Tract: 2314.00
  • Tax Lot: 40
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: Front Door
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Additional Parcels Description: 5035021015
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: Electricity Available, Natural Gas Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,512
  • Unit Type Total Rent: $1,512
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 0

Property History for 3886 South Van Ness Avenue, Unit 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3886 South Van Ness Avenue, Unit 2

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Martin Luther King Jr. Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Susan Miller Dorsey Senior High School
Public9 to 12

Academy of Media Arts
Charter9 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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3886 South Van Ness Avenue, Unit 2 is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on September 16, 2024 by Pinnacle Estate Properties, it's currently listed at $968,500. This listing's school district is Los Angeles Unified School District. Nearby schools include Martin Luther King Jr. Elementary School, Foshay Learning Center and Susan Miller Dorsey Senior High School. 3886 South Van Ness Avenue, Unit 2 is a 4-bed, 2-bath, 1,602 sqft multi-family home built in 1923.

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 Pinnacle Estate Properties, Cynthia Ball-Ward, DRE #01900418

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.