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3886 S Van Ness Ave, Los Angeles, CA 90062
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3886 S Van Ness Ave Los Angeles, CA 90062

$968,500
  • 4 Beds
  • 2 Baths
  • 1,602 Sq.Ft.
For Sale
$968,500 Get Pre-Qualified
Map preview of 3886 S Van Ness Ave, Los Angeles, CA 90062

Property Overview: 3886 S Van Ness Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,602 living square feet and 5,063 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: Charming Duplex Close to USC with ADU Plans !! Welcome to this fantastic investment opportunity! This well-maintained duplex features two units, each boasting two bedroom and one bathroom. Perfectly situated just 8 minutes from University Of Southern California ( USC). Each unit comes with its own dedicated parking space, providing convenience and peace of mind. The layout is designed to maximize space and natural light, creating an atmosphere that residents will love coming home to. Additionally there are exciting plans in place for an Accessory Dwelling 2 units with additional 1400 square feet ( ADU) with an onsite laundry facility, offering even more potential for rental income. With its prime location and potential for further development this duplex is a smart investment for those looking to capitalize on the rental market. Don't miss your change to won't this versatile property.

Listed by Cynthia Ball-Ward | BRE #01900418 | Pinnacle Estate Properties
Last checked: 31 seconds ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
5,063
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Duplex
Status
Active
MLS#
SR24192660
City
Los Angeles
County
Los Angeles
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,512
  • Total Rent: $1,512
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,646
  • Total Rent: $1,646
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $37,896
  • Net Operating Income: $34,426
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,470
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $6
  • Insurance: $1,464
  • Professional Management: $0
  • Water/Sewer: $2,016

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Property Details for 3886 S Van Ness Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5035021014
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available
Location / Neighborhood
Location Information
  • Directions: Obama Blvd to Arlington ave then left to Van Ness Ave.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 3886 S Van Ness Ave

Last sold for $200,000 on April 30th, 2002

  • September, 2024

  • Sep 16, 2024

    Date

    Active

    CRMLS: SR24192660

    $968,500

    Price

  • April, 2002

  • Apr 30, 2002

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

  • December, 2001

  • Dec 14, 2001

    Date

    Sold (Public Records)

    Public Records

    $138,000

    Price

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Tax History for 3886 S Van Ness Ave

Assessed Value (2020): $270,142
Year Land Value Improved Value Assessed Value
2020 $182,350 $87,792 $270,142

Home Value Compared to the Market

This property vs the competition

3886 S Van Ness Ave is listed 19.29% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $604.56 per/sqft which puts the price per square foot 21.28% lower than the median price per square foot for the city of Los Angeles.

About 3886 S Van Ness Ave

Detailed summary of property

3886 S Van Ness Ave is a duplex located in Los Angeles, CA 90062 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 1,602 living square feet, and sits on an approximately 5,063 square foot lot. 3886 S Van Ness Ave was first listed on ArdentRealEstateGroup.com on September 17, 2024. The homeowner is currently asking $968,500. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 19.29% lower than the median priced home. Local competing homes currently for sale include 2806 W 43rd Pl, 4417 5th Ave and 4610 Cimarron St. While the average home in Los Angeles, CA is selling in 106 days, 3886 S Van Ness Ave has a days on market of 3 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3886 S Van Ness Ave Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3886 S Van Ness Ave

Public county record property details
Beds
4
Baths
2
Year built
1923
Sq. Ft.
1,602
Lot Size
5,062
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
5035-021-014

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
42
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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Recently Sold Homes Near 3886 S Van Ness Ave

1952 W 39Th St, Los Angeles, CA 90062
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2017 W 39th St
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3887 Cimarron St, Los Angeles, CA 90062
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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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