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1526 S Van Ness Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 10 bed, 5 bath

1526 S Van Ness Avenue, Los Angeles, California 90019 home-pic-0
ACTIVE$1,740,000
1526 S Van Ness Avenue, Los Angeles, California 90019
10Beds
5Baths
5,130Sqft
9,001Lot
Year Built
1912
Close
-
List price
$1.74M
Original List price
$1.74M
Price/Sqft
$339
HOA
-
Days on market
-
Sold On
-
MLS number
SR25094697
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.74M(69th), sqft - 5130(77th), beds - 10(92th), baths - 5(92th).

An Exceptional Investment and Living Opportunity! This newly renovated luxury property offers the perfect blend of upscale living and income potential through a high-yield ADU. The front building, ideal for a large family, boasts 3,110 square feet with 5 bright and airy bedrooms and 2 bathrooms. The rear building, completely separate for independent living or rental, provides over $6,000 in potential monthly income and features 2,020 square feet divided into 3 distinct units. The main home’s family and living rooms are adorned with elegant chandeliers, custom wood finishes, and a cozy fireplace. The remodeled kitchen showcases premium materials and a sleek, modern design. One bedroom is located on the first floor, while the second floor includes four bedrooms, a bonus office, and a sunroom. Additional features include a basement that can be used as a hobby room, workshop, storage space, or wine cellar. An automatic gate, garage, and 7 designated parking spaces allow for up to 14 vehicles. The yard is fully paved with concrete for low-maintenance living.

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 an extensive and recent luxury renovation, as explicitly stated in the description and clearly evidenced by the images. The kitchens feature sleek, modern cabinetry, stainless steel appliances, and contemporary finishes. Bathrooms are fully updated with modern vanities, fixtures, and tiling. Throughout the property, including the ADU units, there are new hardwood or laminate floors, fresh paint, and modern light fixtures. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a fully renovated property.
Pros & Cons

Pros

Significant Income Potential: The rear building, divided into 3 distinct units, offers over $6,000 in potential monthly income, providing a strong return on investment.
Versatile Living Arrangement: The property offers a unique blend of upscale living in the large front home (5 beds, 3110 sqft) and independent rental units, ideal for multi-generational living or owner-occupancy with substantial income.
Extensive Renovation & Upscale Finishes: Described as a 'newly renovated luxury property' with a remodeled kitchen, elegant chandeliers, custom wood finishes, and premium materials, suggesting a move-in ready, high-quality aesthetic.
Abundant Parking & Security: Features an automatic gate, garage, and 7 designated parking spaces accommodating up to 14 vehicles, a significant advantage in Los Angeles.
Ample & Flexible Space: With 5,130 total square feet, including a bonus office, sunroom, and a versatile basement (hobby room, workshop, storage, wine cellar), the property offers generous and adaptable living/utility space.

Cons

Age of Structure: Built in 1912, despite renovations, the property's age may imply potential for legacy infrastructure issues (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades.
Limited Green Space: The yard is 'fully paved with concrete for low-maintenance living,' which may be a drawback for buyers desiring traditional green space, landscaping, or a natural outdoor environment.
Complexity of Multi-Unit Management: As a quadruplex, managing multiple tenants, potential shared utility considerations, and increased landlord responsibilities may present complexities not suited for all buyers.

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