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Four Units on Van Ness
For Sale
$1,550,000
Pending

1308 S Van Ness Avenue, Los Angeles, CA 90019

Four units, each with one bed, den, and bath.

Property Size4,448 SF
Days on Market1915

Property Features for 1308 S Van Ness Avenue

General Information

Standard status Pending
Size 4,448 SF
Property subtype Multi Family

Building Details

Year Built 1922
Listing Agency: Giving Tree Realty Group
Listed By: Shannon Sung · License #01290795
Source: Exitrealty
Added: Jul 22, 2021 Changed: Sep 10 Last Checked: Sep 15 at 5:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Giving Tree Realty Group

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Investment Insights

Based on property information with market context.

This property features four units, each with one bedroom, a den, and one bathroom. Each unit is approximately 1,100 square feet. The exact addresses are 1308, 1308 1/2, 1310, and 1310 1/2 S Van Ness Ave. There are plenty of covered and uncovered parking spaces available at the rear of the building. Some of the units have been remodeled and upgraded. Tenants are responsible for paying for electricity, gas, trash, and internet. Electricity and gas are separately metered for each unit.

Key Highlights

  • Four units, each with 1 Bed + Den and 1 Bath, approximately 1,100 sqft.
  • Covered and uncovered parking spaces available.
  • Separate electricity and gas meters for each unit.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,819
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four units, each with one bed, den, and bath.
Where is this quadplex located?
The property is located at 1308 S Van Ness Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Four units, each with 1 Bed + Den and 1 Bath, approximately 1,100 sqft.; Covered and uncovered parking spaces available.; Separate electricity and gas meters for each unit.
More about this property
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