Homes for sale - 1834 N Van Ness AVE, Los Angeles, CA 90028

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Rick J Lee

rjlrealtygroup@gmail.com +1(714) 943-1598

$ 1,400,000

Est. payment -/mo

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1834 N Van Ness AVE Los Angeles, CA 90028

4 Beds

4 Baths

3,712 SqFt

UPDATED:

12/15/2024 10:28 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,712 sqft

Price per Sqft $377

MLS Listing ID SR24249643

Bedrooms 4

Full Baths 4

Construction Status Fixer

HOA Y/N No

Year Built 1919

Lot Size 6,773 Sqft

Property Description

First time on the market in over 50 years! Investors and developers, don’t miss this prime opportunity in the heart of Hollywood! This 4-unit apartment building features spacious 1-bedroom, 1-bathroom units, each approximately 930 sq ft (one is currently tenant occupied), and sits on a lot of approximately 6,800 sq ft zoned LARD1.5. The property offers substantial redevelopment potential, including eligibility for Los Angeles' Transit Oriented Communities (TOC) tier 3 incentives, which could allow up to 70% more units with affordable housing set-asides, reduced parking requirements (as low as 0.5 spaces per unit), and additional height or FAR bonuses. Perfectly situated, this property is moments from the iconic Hollywood Walk of Fame, Griffith Park and Observatory for hiking and scenic views, and Runyon Canyon for outdoor enthusiasts. It is surrounded by world-class shopping, dining, and entertainment options, including Hollywood & Highland, Sunset Strip, and the Melrose Avenue retail corridor. Enjoy easy access to nearby neighborhoods like West Hollywood, Los Feliz, and Silver Lake, all popular hubs for arts, culture, and nightlife. Proximity to major freeways like the 101 ensures seamless connectivity to Downtown LA, Burbank, and Studio City. Whether repositioning the asset or undertaking a new build, this property offers unparalleled potential to thrive in one of LA’s most dynamic markets. Contact us for more details!

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Rooms

Main Level Bedrooms 2

Interior

Interior Features Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room

Cooling None

Flooring Tile, Wood

Fireplaces Type Decorative, Living Room

Fireplace Yes

Appliance Gas Range

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N No

View None

Attached Garage No

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard, Landscaped

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Fixer

Schools

Elementary Schools Grant

Middle Schools Le Conte

High Schools Hollywood

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5586031019

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Parastou Asadian • Equity Union • 818-212-0272

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

Rick J Lee

1834 N Van Ness AVE Los Angeles, CA 90028

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1834 N Van Ness AVE