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1807 N Van Ness Ave
Los Angeles, CA 90028
1807 N Van Ness Ave · Multifamily Property For Sale
·
1 Unit
Investment Highlights
- IDEAL FOR RENOVATION, EXPANSION, OR RE-DEVELOPMENT
- RTI PLANS FOR PROPOSED 5-UNIT DEVELOPMENT AVAILABLE
- CAN BE DELIVERED VACANT
Executive Summary
1807 N Van Ness Ave is a compelling investor opportunity situated on a flat 8,252 sq ft LARD1.5-zoned lot with multiple value-add and redevelopment pathways. Set behind mature landscaping, this Craftsman-style property offers 2,910 sq ft of existing improvements featuring 7 bedrooms and 4 bathrooms, providing substantial in-place square footage to renovate, reconfigure, or reposition. The expansive lot includes a garage and separate rec room, presenting additional income potential, flexible-use space, or future conversion possibilities (buyer to verify). Property is tenant occupied and will be delivered vacant, allowing immediate execution of investment strategy. There are proposed plans for a well-configured multifamily asset featuring four buildings totaling 12,281 SF, comprising two duplexes, one single-family residence, and two detached ADUs for a combined seven residential units. The proposed project offers a strong unit mix of 19 bedrooms and 17 bathrooms, including four spacious 3- bed/3-bath units, one 3-bed/2.5-bath SFR, and two 2-bed/1-bath ADUs. The thoughtful layout and modern unit sizes position the asset for consistent cash flow and long-term value appreciation.
Property Facts
| Price Per Unit | $2,112,557 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | A |
| Sale Condition | Redevelopment Project | Lot Size | 0.19 AC |
| No. Units | 1 | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 2,910 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $2,112,557 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 0.19 AC |
| Construction Status | Proposed |
| Building Size | 2,910 SF |
| No. Stories | 1 |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 7+4 | 1 | - | - |
Property Taxes
| Parcel Number | 5586-029-017 | Improvements Assessment | $428,665 CAD |
| Land Assessment | $1,423,623 CAD | Total Assessment | $1,852,289 CAD |
Property Taxes
Parcel Number
5586-029-017
Land Assessment
$1,423,623 CAD
Improvements Assessment
$428,665 CAD
Total Assessment
$1,852,289 CAD
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