8216 S Van Ness AVE, Los Angeles, CA 90047
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8216 S Van Ness AVE, Los Angeles, CA 90047
8216 S Van Ness AVE, Los Angeles, CA 90047
8216 S Van Ness AVE, Los Angeles, CA 90047
8216 S Van Ness AVE, Los Angeles, CA 90047
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8216 S Van Ness AVE Los Angeles, CA 90047

5,806 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26136429

HOA Y/N No

Year Built 1927

Lot Size 5,806 Sqft

Property Sub-Type Triplex

Property Description

First time on the market in over 50 years! Exceptional value add investment opportunity just minutes from SoFi Stadium. Sitting on a corner lot currently configured as a 3 unit, this unique property offers the potential to convert back to its original 4 unit layout. The spacious owner's unit features a combined 5 bedroom, 2 bath floor plan (Front Unit 3BD/1BA) and (Rear Unit 2BD/1BA with attached garage). This combined unit will be delivered vacant. The 2 upper 1 bedroom, 1 bath units, will both be delivered tenant occupied, providing immediate rental income. The property includes 4 separate addresses, each with their own entrance, as well as 4 separate gas and electric meters, offering excellent flexibility for future improvements. There is an additional detached garage presenting ADU or garage conversion potential, creating even more income possibilities. Recent upgrades include fresh interior paint, new carpet, and an updated roof. Whether you're looking to own a home with built in rental income, expand your investment portfolio, or unlock the property's full potential through restoration to a 4 unit configuration and possible ADU additions, this is an opportunity you won't want to miss. Properties with this combination of location, flexibility, and upside rarely become available. Don't miss your chance to make this gem your own!

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning RD1.5-1

Rooms

Other Rooms Second Garage

Interior

Interior Features Ceiling Fan(s), Storage

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Gas Range, Refrigerator

Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Exterior Feature Awning(s), Rain Gutters

Parking Features Direct Access, Door-Single, Garage, Private, Garage Faces Side

Garage Spaces 4.0

Garage Description 4.0

Fence Wrought Iron

Pool None

Community Features Curbs, Street Lights, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre, Corner Lot, Front Yard, Lot Over 40000 Sqft, Walkstreet, Yard

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Additional Building Second Garage

New Construction No

Others

Senior Community No

Tax ID 6035013015

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard, Trust


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Tiffany L. Wysinger Keller Williams Realty-Studio City 310-402-8226, DRE #02222042

Nearby Locations

Anna Taylor

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

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8216 S Van Ness AVE