Property Overview: 1548 S Van Ness Ave Los Angeles, CA has 2 bedrooms, 1.5 bathrooms,
840 living square feet and 9,003 square feet lot size.
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Agent Remarks: A gorgeous 1920's Spanish 4-plex with Hollywood charm in Arlington Heights, set behind a new fence and green hedges, centrally located in coveted Mid-City. Old-world character abounds in this beautifully updated and restored 4-unit community. With an open floor plan and lots of windows and glass doors, this masterful flat feels more like a grand loft and unlike anything you've seen in this price point. This ground-floor unit features an abundant amount of light and sliding doors that open to your private deck, with steps down to your own PRIVATE gated yard (not shared, it's just for you!), perfect for outdoor dining, entertaining, and your furry friends. Inside: a decorative faux fireplace, dual-pane windows, designer fixtures, and new natural-tone flooring. The clean and crisp renovated kitchen is open to the living area and features floating shelves, all new appliances including fridge, stove and dishwasher. Perfectly central to all in LA - Historic Arlington Heights was where at the turn of the century Angelenos moved so they could enjoy the views and cool breezes of the ocean, while still commuting via streetcar into downtown for work and entertainment. Travel down the street to grab a coffee at Alibi, lunch at Pasta Sisters with their famous fresh, handmade pasta, Arlington Heights has your culinary needs met and a pretty incredible community to boot. Home to Gallery Row on Washington anchored by the Underground Museum, blocks from K-town, minutes from Culver City. In-unit laundry, mini-split AC & heat, ample closets including a primary walk-in, and covered parking included with this unit.
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Listed by Elizabeth McDonald | BRE #01449897 | TRG Realty Company, Inc.
Co-listed by Cristina Brow | BRE #01964062 | TRG Realty Company, Inc.
Last checked: 6 minutes ago |Last updated: June 19th, 2024 |Source CRMLS |DOM: 27
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Directions: East on Pico, turn right on Van Ness Ave. Property will be on the left hand side.
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Sale History for 1548 S Van Ness Ave
Last sold for $1,100,000 on May 10th, 2023
June, 2024
Jun 17, 2024
Date
Back Up Offer
CRMLS: 24398345
$549,000
Price
May 30, 2024
Date
Active
CRMLS: 24398345
$549,000
Price
May, 2023
May 10, 2023
Date
Sold
CRMLS: OC22245415
$1,100,000
Price
Nov 21, 2022
Date
Active
CRMLS: OC22245415
$1,450,000
Price
Listing provided courtesy of CRMLS
4 Unit Building in the heart of Koreatown, walking distance from parks, cafes, restaurants and minutes from freeways. Built in 1921. Each unit has 1 bedroom and 1 bathroom with similar square footage. The property is being sold by the successor trustee of a living trust. 1 unit will be occupied with tenant on a month-to-month lease with rent at $1000. Income and expenses have not been itemized as future income and expenses will depend on the choices make buy any buyer regarding renovations/rents/etc. Property is being sold "As Is" so buyer and their agent(s) are being advised to do the proper research to determine if this is the property for you. Great opportunity for an investor to renovate and reposition a 1920s classic apartment building.
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Tax History for 1548 S Van Ness Ave
Assessed Value (2020):
$236,763
Year
Land Value
Improved Value
Assessed Value
2020
$124,256
$112,507
$236,763
Home Value Compared to the Market
This property vs the competition
1548 S Van Ness Ave is listed 56.04%
lower 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 $778
and this home is listed at $653.57 per/sqft which puts the
price per square foot 15.99% lower
than the median price per square foot for the city of Los Angeles.
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About 1548 S Van Ness Ave
Detailed summary of property
1548 S Van Ness Ave is a condominium located in
Los Angeles, CA 90019 and is currently in escrow to be sold.
This condo offers 2 bedrooms, 1.5 bathrooms,
roughly 840 living square feet,
and sits on an approximately 9,003 square foot lot.
1548 S Van Ness Ave was first listed on ArdentRealEstateGroup.com on May 31, 2024.
The homeowner is currently asking $549,000.
The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778.
Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 56.04%
lower than the median priced home.
Local competing homes currently for sale include 514 S Harvard Blvd #204, 525 S Ardmore Ave #320 and 320 S Ardmore Ave #123.
This home does have a Homeowners Association and the monthly fee is $325 per month.
While the average home in Los Angeles, CA is selling in 98 days, 1548 S Van Ness Ave has a days on market of 27 days.
There are currently 4006 homes for sale in the Los Angeles real estate market and
2700 of them are single family homes while 1190 of them are condos
and 109 are townhomes.
For more information on this home for sale at 1548 S Van Ness Ave Los Angeles, CA 90019
contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.
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Public Facts for 1548 S Van Ness Ave
Public county record property details
Beds
4
Baths
4
Year built
--
Sq. Ft.
3,792
Lot Size
9,000
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5073-003-011
The source for these homes facts are from public records.
90019
Real Estate
Sale History
(Last 30 days)
Last 30 days of sale history and trends
Median List Price
$1,459,000
Median List Price/Sq.Ft.
$683
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
71
Median Sale to List Price %
100.07%
Avg Days on Market
38
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (11.11%)
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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.