1125 N. Van Ness Ave., Los Angeles, CA 90038 - 20599344 - iPro Real Estate
iPro Real Estate

iPro Real Estate

1125 N. Van Ness Ave.
Los Angeles, CA 90038

Active, Multi-Family/Income Sale

For Sale

$3,150,000

Free Professional CMA

Listing ID : 20599344

  • Beds

    3
  • Year

    1957

Description

The property features 8,000 square feet of gross rentable area, situated on a large 7,500-square foot lot. The 12-unit apartment building is composed of 10 one-bedroom/one-bathroom units and two two-bedroom/two-bathroom units. Additionally, the seller has completed the seismic retrofit work and offers on-site parking and laundry facilities for tenants. Due to the propertys premier location and rental upside, 1125 North Van Ness Avenue offers a unique opportunity to any investor looking to acquire a well-m

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5534017010
Net Operating Income: $115,625 
Days on Market: 563 
Number of Units: 12 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: LAR3 

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Interactive

34.091492 -118.315918 $3,150,000 20599344
1125 N. Van Ness Ave., Los Angeles, CA 90038
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Area Information 90038

Population:

28,922 Up .02% since 2010
Average Income:
$68,944
Average Age:
34Years
Gender:
52.65%Male
47.35%Female
Households:
12,15021.72% with children
Average Value:
$1,230,963
Occupancy:
9.03%Owned
90.97%Rented
6.53%Vacant
Education:
19.62%High School
5.17%Associate
23.52%Bachelor
7.44%Graduate
Average Residency:
18Years
Crime Rate:
Above Average
Annual Rainfall:
15.65Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

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Listed by Tony Azzi with Tony Azzi