954 North Van Ness Avenue

Los Angeles, CA 90038

$2,795,000
Price
26
Beds
7
Baths
7,669 Sq. Ft.
$364 / Sq. Ft.
7,669
Sq. Ft.
$364
per Sq. Ft.
a view of the house
a view of a house with sitting area
a view of entryway and hall with wooden floor
a view of a house with a potted plant in front of a house
a car parked in front of a white house
a view of balcony with plants
a view of a street with cars
a car parked in front of a white house
a car parked in front of house
a view of street with cars
a car parked on the side of the road
a balcony with furniture and a potted plant
a cars parked in front of a building
a view of a street with sitting area
a view of small garden with flower plants
a view of a balcony with furniture
a bathroom with a shower
a view of a bathroom
a view of a potted plants next to a wall
a view of entryway
a view of a entryway
a view of a building with door
a room that has a window in it
a view of small space with wooden floor and fan
a kitchen with sink and stove
a kitchen with a stove and a refrigerator
a kitchen with white cabinets and white appliances
an empty room with wooden floor fan and windows
a view of an empty room with wooden floor and a window
an empty room with wooden floor a ceiling fan
a bathroom with a sink toilet and shower
a bathroom with a bathtub and toilet
a view of a bathroom with a shower and a toilet
a view of a bathroom from a window

Description

Charming 12-Unit Building in the Heart of Hollywood consisting of 3 separate buildings and parcels. Discover the perfect blend of comfort and style with this charming 12-unit building nestled in the vibrant Hollywood neighborhood. This well-maintained property offers a unique opportunity for modern living in one of Los Angeles' most iconic areas. It's situated just moments away from Santa Monica, Hollywood and Sunset Boulevard, you’ll have easy access to a plethora of world-renowned entertainment,...Charming 12-Unit Building in the Heart of Hollywood consisting of 3 separate buildings and parcels. Discover the perfect blend of comfort and style with this charming 12-unit building nestled in the vibrant Hollywood neighborhood. This well-maintained property offers a unique opportunity for modern living in one of Los Angeles' most iconic areas. It's situated just moments away from Santa Monica, Hollywood and Sunset Boulevard, you’ll have easy access to a plethora of world-renowned entertainment, dining, and shopping options. The building is designed to cater to a range of lifestyles, offering a mix of two and three bedroom units that attract strong long-term tenants. The property boasts a welcoming community environment with a nicely maintained exterior and well-lit common areas ensure a safe and pleasant living experience for all residents. With its prime location, desirable features and the excellent income to expenses ratio, this building presents an excellent investment opportunity, especially with Hollywood’s dynamic real estate market that promises strong rental demand and potential for future appreciation. This property contains 10 units out of the twelve that are NOT rent controlled by the city of Los Angeles, it also have separate electric and gas meters for each unit. Whether you're seeking a consistent income or an investment for appreciation, this 12-unit building offers an exceptional opportunity to be part of Hollywood's thriving community. Come experience the blend of comfort, style, and convenience that this income-producing property has to offer!
  1. Listed by Alex Mehdiani • DRE #01925512 • California Prime Realty, Inc. • 8182528552

Property Details for 954 North Van Ness Avenue

Parking Spaces Total
9
Private Pool
No
Total Units
12.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7669
Assessor Parcel Number
5536-015-018
Property Attached YN
true
LISTING UPDATED: 09/14/2024 05:08 AM

Property Details for 954 North Van Ness Avenue

StatusActive
MLS #SR24190001
Days on Market82
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1924
Lot Size0.23 AC / 10,166 SF
CountyLos Angeles County

Building Information for 954 North Van Ness Avenue

Stories2Residences-Year Built1924Building Size-Lot Size0.23 AC / 10,166 SF

Property Information for 954 North Van Ness Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $257,484
  • Gross Scheduled Income: $257,484
  • Net Operating Income: $182,484
Expense Details
  • Operating Expense: $75,000
  • Fuel Expense: $0
  • Electric Expense: $1,960
  • Insurance Expense: $6,000
  • Professional Management Expense: $14,990
  • Trash Expense: $0
  • Water Sewer Expense: $10,000
  • Total Expenses: $75,000
Tax / Assessment Info
  • Tax Tract Number: tr4331
  • Tax Lot: 18
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 0
  • Carport Spaces: 6
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,723
  • Unit Type Total Rent: $1,723
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,899
  • Unit Type Total Rent: $1,899
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,604
  • Unit Type Total Rent: $1,604
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 12
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,023
  • Unit Type Total Rent: $2,023
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 6
  • 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 Actual Rent: $1,899
  • Unit Type Total Rent: $1,899
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,899
  • Unit Type Total Rent: $1,899
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 4
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,490
  • Unit Type Total Rent: $1,490
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 5
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,577
  • Unit Type Total Rent: $1,577
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 6
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,899
  • Unit Type Total Rent: $1,899
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 7
Unit 11
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,795
  • Unit Type Total Rent: $1,795
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 8
Unit 12
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,899
  • Unit Type Total Rent: $1,899
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 12
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 0

Property History for 954 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 954 North Van Ness Avenue

Taxable ValueLand$341,102Additions$177,622Total$518,724
Tax Record2024$6,700 ($558 / month)
Home Facts
Total Finished SqFt2,542 SqFtAbove Grade Finished SqFt2,542 SqFtLot Size5,789 SqFtStyleDuplexYear Built1924ZoningLAR3CountyLOS ANGELESAPN5536-015-018

Schools near 954 North Van Ness Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Santa Monica Boulevard Community Charter School
Charter - K to 6
Joseph Le Conte Middle School
Public - 6 to 8
STEM Academy at Bernstein High
Public - 9 to 12
Helen Bernstein High School
Public - 9 to 12
Rating
School
Distance
Santa Monica Boulevard Community Charter School
CharterK to 6

Joseph Le Conte Middle School
Public6 to 8

STEM Academy at Bernstein High
Public9 to 12

Helen Bernstein 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Hollywood

Neighborhoods

Cities

ZIPs

More information about 954 North Van Ness Avenue, Los Angeles, CA 90038

954 North Van Ness Avenue is a mixed use property for sale in Los Angeles, CA 90038. This property was listed for sale on September 12, 2024 by California Prime Realty, Inc., it's currently listed at $2,795,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Santa Monica Boulevard Community Charter School, Joseph Le Conte Middle School and STEM Academy at Bernstein High. 954 North Van Ness Avenue is a 26-bed, 7-bath, 7,669 sqft mixed use property built in 1924.

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 California Prime Realty, Inc., Alex Mehdiani, DRE #01925512

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.