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1120 N Van Ness Ave, Los Angeles, CA 90038
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1120 N Van Ness Ave Los Angeles, CA 90038

$1,595,000
  • 16 Beds
  • 10 Baths
  • 3,663 Sq.Ft.
For Sale
$1,595,000 Get Pre-Qualified
Map preview of 1120 N Van Ness Ave, Los Angeles, CA 90038

Property Overview: 1120 N Van Ness Ave Los Angeles, CA has 16 bedrooms, 10 bathrooms, 3,663 living square feet and 7,337 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This building is on track to be delivered vacant by May 31, 2024 Two buildings on the property. One house is corner of Santa Monica and Virginia, the other is at Van Ness Ave.,Nice 4 plex in Hollywood area. Near shopping,transportation, school and very convenient area. Lots of potential.R3 zoning for investor or developer . Offer subject to inspection. Please Do Not Disturb Tenants.Property is being sold in AS IS Condition.No repair or any credit to buyer. Please drive by and text to listing agent for more info.proof of fund, credit report and pre-approval letter are required to submit offer.

Listed by John Matukas | BRE #01909667 | eXp Realty of California Inc
Last checked: 7 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 35
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Home details

Lot Sq. Ft
7,337
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24372213
City
Los Angeles
County
Los Angeles
Time on Site
34 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $971
  • Total Rent: $971
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,467
  • Total Rent: $1,567
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $114,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1120 N Van Ness Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air, Natural Gas
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 4
  • Parcel Number: 5536013027
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Take Van Ness NORTH of Santa Monica and building is at the corner of Virginia and Van Ness
View more facts & features

Local Los Angeles Agent

Sale History for 1120 N Van Ness Ave

Last sold on June 26th, 2018

  • March, 2024

  • Mar 23, 2024

    Date

    Active

    CRMLS: 24372213

    $1,695,000

    Price

  • June, 2018

  • Jun 26, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2018

  • May 1, 2018

    Date

    Sold

    CRMLS: 18312768

    $1,200,000

    Price

  • Mar 1, 2018

    Date

    Active Under Contract

    CRMLS: 18312768

    $1,199,000

    Price

  • Feb 13, 2018

    Date

    Active

    CRMLS: 18312768

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

    Twp buildings on the property. One house is corner of Santa Monica and Virginia, the other is at Van Ness Ave.,Nice 4 plex in Hollywood area. Near shopping, transportation, school and very convenient area. Lots of potential.R3 zoning for investor or developer . Offer subject to inspection. Please Do Not Disturb Tenants. Property is being sold in AS IS Condition.No repair or any cedit to buyer. Please drive by and text to listing agent for more info.proof of fund, credit report and pre-approval letter are required to submit offer.

  • April, 2018

  • Apr 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

Show More

Tax History for 1120 N Van Ness Ave

Assessed Value (2020): $1,248,480
Year Land Value Improved Value Assessed Value
2020 $1,040,400 $208,080 $1,248,480

Home Value Compared to the Market

This property vs the competition

1120 N Van Ness Ave is listed 27.7% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $435.44 per/sqft which puts the price per square foot 43.6% lower than the median price per square foot for the city of Los Angeles.

About 1120 N Van Ness Ave

Detailed summary of property

1120 N Van Ness Ave is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 16 bedrooms, 10 bathrooms, roughly 3,663 living square feet, and sits on an approximately 7,337 square foot lot. 1120 N Van Ness Ave was first listed on ArdentRealEstateGroup.com on March 23, 2024. The homeowner is currently asking $1,595,000 and was originally asking $1,695,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 27.7% higher than the median priced home. Local competing homes currently for sale include 625 N Plymouth Blvd, 4938 Maplewood Ave and 810 N Hobart Blvd. While the average home in Los Angeles, CA is selling in 97 days, 1120 N Van Ness Ave has a days on market of 35 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 1120 N Van Ness Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1120 N Van Ness Ave

Public county record property details
Beds
7
Baths
4
Year built
1909
Sq. Ft.
3,663
Lot Size
7,335
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
36
APN
5536-013-027

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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