401 North Van Ness Avenue

Los Angeles, CA 90004

$2,990,000
Price
8
Beds
8
Baths
6,475 Sq. Ft.
$462 / Sq. Ft.
6,475
Sq. Ft.
$462
per Sq. Ft.

Description

Excellent well-maintained property features four spacious units, each with three bedrooms and two bathrooms. With over 1,600 square feet per unit, residents can enjoy generous living spaces and in-unit laundry facilities. The property is gated, providing secure outdoor space, and each unit includes two tandem parking Many upgrades. Centrally located, this property offers convenient access to Hollywood, The Grove, downtown, and is just a short stroll from Larchmont. Its prime location and amenities...Excellent well-maintained property features four spacious units, each with three bedrooms and two bathrooms. With over 1,600 square feet per unit, residents can enjoy generous living spaces and in-unit laundry facilities. The property is gated, providing secure outdoor space, and each unit includes two tandem parking Many upgrades. Centrally located, this property offers convenient access to Hollywood, The Grove, downtown, and is just a short stroll from Larchmont. Its prime location and amenities make it an attractive choice for tenants, with easy access to the freeway.
  1. Listed by Kay Kyung Park • DRE #01268123 • Brokerage DRE #01350852 • Dream Realty & Investments Inc

Property Details for 401 North Van Ness Avenue

Zoning
LAR3
Parcel Number
5522022001
Total Units
4.0
Living Area
6475
Source Living Area
Vendor Enhanced
Area
Hancock Park-Wilshire
Vacancy Rate
0
Lot Size Area
6803
LISTING UPDATED: 10/10/2024 12:01 AM

Property Details for 401 North Van Ness Avenue

StatusActive
MLS #24-447501
Days on Market53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.16 AC / 6,803 SF
CountyLos Angeles County

Building Information for 401 North Van Ness Avenue

Stories-Residences-Year Built1950Building Size-Lot Size0.16 AC / 6,803 SF

Property Information for 401 North Van Ness Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 4 unit
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $149,136
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1562
  • Lot Size Square Feet: 6803
Parking Details
Parking Details
  • Parking Garage: Assigned, Gated
  • Total Parking: 0
  • Parking Features: Assigned, Gated
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Garbage Disposal, Range/Oven, Washer, Refrigerator, Dryer, Dishwasher
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-02-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,205.00
  • Unit Actual Rent: $3,205.00
  • Unit Projected Rent: $3,250.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,016.00
  • Unit Actual Rent: $3,016.00
  • Unit Projected Rent: $3,250.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,250.00
  • Unit Actual Rent: $3,250.00
  • Unit Projected Rent: $3,250.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,080.00
  • Unit Actual Rent: $3,080.00
  • Unit Projected Rent: $3,250.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $754,548.00
  • Assessed Improvement Percent: 51.02
  • Assessed Land Value: $724,365.00
  • Assessed Land Percent: 48.98
  • Assessed Total Value: $1,478,913.00

Property History for 401 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 401 North Van Ness Avenue

Taxable ValueLand$738,852Additions$769,638Total$1,508,490
Tax Record2024$18,788 ($1,566 / month)
Home Facts
Total Finished SqFt6,475 SqFtAbove Grade Finished SqFt6,475 SqFtLot Size6,801 SqFtStyleQuadraplexYear Built1950ZoningLAR3CountyLOS ANGELESAPN5522-022-001

Schools near 401 North Van Ness Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Van Ness Avenue Elementary School
PublicK to 5

Joseph Le Conte Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Richard A. Alonzo Community Day School
Public7 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.

Similar Homes

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401 North Van Ness Avenue is a multi-family home for sale in Los Angeles, CA 90004. This property was listed for sale on October 2, 2024 by Dream Realty & Investments Inc, it's currently listed at $2,990,000. It has been on the market for a total of 53 days and was last sold on November 30, 2011. This listing's school district is Los Angeles Unified School District. Nearby schools include Van Ness Avenue Elementary School, Joseph Le Conte Middle School and Fairfax Senior High School. 401 North Van Ness Avenue is a 8-bed, 8-bath, 6,475 sqft multi-family home built in 1950.

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 Dream Realty & Investments Inc, Kay Kyung Park, DRE #01268123

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.