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Corner 3-Unit Income Property

8216 S Van Ness Ave Los Angeles, CA 90047

New
8216 S Van Ness Ave, Los Angeles, CA, 90047
$899,995
For Sale
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$899,995

Corner-lot triplex with four separate entrances and meters, plus an additional detached garage with conversion potential.

AddedJul 13
Days on Market3
Last RefreshJul 15 at 1:41 pm

Property Features for 8216 S Van Ness Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1927

Listing office Keller Williams Realty Studio City

Listing date Jul 13, 2026

Source Elliman

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 Keller Williams Realty Studio City


Investment Insights

Based on property information with market context.

This corner-lot income property is currently configured as a 3-unit triplex and offers a clear value-add pathway back to a 4-unit layout. The spacious owner configuration combines a front unit with 3 bedrooms and 1 bath and a rear unit with 2 bedrooms and 1 bath, and it will be delivered vacant. The two upper 1-bedroom, 1-bath units will be delivered tenant occupied, providing immediate rental income.

The property includes four separate addresses, each with its own entrance, along with four separate gas and electric meters, allowing flexibility for future improvements. An additional detached garage on the site presents ADU or garage conversion potential.

Recent upgrades include fresh interior paint, new carpet, and an updated roof.

Key Highlights

  • 1927 corner‑lot property configured as a 3‑unit with potential to convert back to an original 4‑unit layout
  • Owner unit delivered vacant: 5 bedrooms and 2 bathrooms total (Front 3BD/1BA, Rear 2BD/1BA with attached garage)
  • Two upper units (1BD/1BA) delivered tenant occupied for immediate rental income

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Computer & Electronic Repair Kitchen & Bath Showroom Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Corner-lot triplex with four separate entrances and meters, plus an additional detached garage with conversion potential.
Where is this triplex located?
The property is located at 8216 S Van Ness Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $899,995.
What are key features of this property?
This property features: 1927 corner‑lot property configured as a 3‑unit with potential to convert back to an original 4‑unit layout; Owner unit delivered vacant: 5 bedrooms and 2 bathrooms total (Front 3BD/1BA, Rear 2BD/1BA with attached garage); Two upper units (1BD/1BA) delivered tenant occupied for immediate rental income
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