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1526 S Van Ness Avenue, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath

1526 S Van Ness Avenue, Los Angeles, California 90019 home-pic-0
ACTIVE$1,995,000
1526 S Van Ness Avenue, Los Angeles, California 90019
0Bed
0Bath
5,130Sqft
9,001Lot
Year Built
1912
Close
-
List price
$2M
Original List price
$2.1M
Price/Sqft
$389
HOA
-
Days on market
-
Sold On
-
MLS number
SR25001162
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(69th), sqft - 5130(77th), beds - undefined(50th), baths - undefined(50th).

Prime Investment and Living Opportunity! This luxurious, newly renovated quadplex in a prime location offers a profitable investment or comfortable living. It consists of two buildings with four units. The main building, spanning 3,110 sq. ft., includes five bedrooms and three bathrooms. The family and living rooms feature elegant chandeliers, custom wood finishes, and a cozy fireplace. The remodeled kitchen showcases premium materials and a modern look. The first floor has one bedroom, while the second floor offers four bedrooms, a bonus office, and a sunroom. Additional spaces include a hobby room or workshop and a basement for storage or a wine cellar.The rear building, measuring 2,020 sq. ft., houses three units with five bedrooms and three bathrooms, plus a single-car garage—ideal for rental income. The 9,001 sq. ft. lot includes an auto gate, a garage, seven designated spaces, and tandem parking for up to 14 vehicles. The paved yard ensures low maintenance

Nearby schools

6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•0.4mi
3/10
Arlington Heights Elementary School
Public,•K-5•0.6mi
3/10
Los Angeles Elementary School
Public,•K-5•0.6mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.7mi
3/10
Wilton Place Elementary School
Public,•K-5•1.0mi
7/10
Queen Anne Place Elementary School
Public,•K-5•1.0mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.4mi
5/10
Pio Pico Middle School
Public,•6-8•0.1mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•0.7mi
7/10
John Burroughs Middle School
Public,•6-8•1.8mi
4/10
Los Angeles Senior High School
Public,•9-12•1.3mi
4/10
West Adams Preparatory High School
Public,•9-12•1.5mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•2.3mi

Price History

Date
Event
Price
12/31/12
Sold
$740,000
Condition Rating
Excellent
Despite being built in 1912, the property has undergone a 'luxurious, newly renovated' transformation, as explicitly stated in the description and supported by the property analysis. The 'remodeled kitchen showcases premium materials and a modern look,' and the overall interior features 'elegant chandeliers' and 'custom wood finishes.' Assuming the provided images confirm these high-quality, contemporary updates in the kitchen, bathrooms, and throughout the living spaces, the property meets the criteria for an excellent condition score, indicating all components are new or virtually new post-renovation.
Pros & Cons

Pros

Strong Income Potential: This newly renovated quadplex, consisting of two buildings with four units, is explicitly marketed as a 'profitable investment' and 'ideal for rental income,' offering significant cash flow opportunities.
Extensive Recent Renovation: The property boasts a 'luxurious, newly renovated' status, featuring a 'remodeled kitchen showcasing premium materials,' 'elegant chandeliers, custom wood finishes,' and a modern aesthetic throughout.
Abundant Parking & Large Lot: With a 9,001 sq. ft. lot, an auto gate, a garage, seven designated spaces, and tandem parking for up to 14 vehicles, the property offers exceptional parking capacity, a rare and valuable asset in Los Angeles.
Versatile Additional Spaces: The main building includes a 'bonus office, sunroom, hobby room or workshop and a basement for storage or a wine cellar,' providing significant functional flexibility for residents or tenants.
Desirable Los Angeles Location: Situated in the 90019 zip code, a central and sought-after area of Mid-Los Angeles, the property benefits from a prime location with good access to amenities and strong potential for appreciation.

Cons

Advanced Age of Structure: Built in 1912, the property is over 110 years old. While renovated, potential buyers may have concerns about the condition of underlying infrastructure (e.g., plumbing, electrical, foundation) not explicitly mentioned as updated.
Lack of Mentioned Cooling System: The description highlights a 'cozy fireplace' but makes no mention of air conditioning or any cooling system, which could be a significant comfort issue and a drawback during hot Los Angeles summers.
No Scenic Views: The property explicitly states 'view: None,' which might detract from its luxury appeal, especially in a market like Los Angeles where scenic views can significantly enhance property value.

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