2955 Van Buren Place, Los Angeles, California 90007, Los Angeles, 90007 - bed, bath
2955 Van Buren Place
Los Angeles, California 90007
Property Price
SUMMARY
Analysis of 2955 Van Buren Place, Los Angeles, California 90007 is currently available with a list price of $1,200,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1913, this property's age, combined with the complete absence of interior images and the listing's explicit mention of 'Historic Property Age' and 'Lack of Modern Amenities,' strongly suggests that the kitchens, bathrooms, and major systems (electrical, plumbing, HVAC) are significantly outdated. While the exterior appears well-maintained, the interior likely requires substantial rehabilitation and extensive system replacements to meet current safety, functionality, and aesthetic standards, rather than just minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Property
This four-unit quadruplex offers significant rental income potential, making it an ideal investment for consistent cash flow.
- Strategic University Proximity
Its prime location near the University of Southern California ensures strong tenant demand and a highly desirable rental market, minimizing vacancy risk.
- Flexible Unit Layouts
Each unit features a 1-bedroom, 1-bathroom layout with a versatile den, enhancing rental flexibility and accommodating various tenant needs.
CONSRISKS & DEFICIENCIES
- Historic Property Age
Built in 1913, the property's age may imply potential for outdated infrastructure (e.g., plumbing, electrical systems) or require specialized maintenance, despite being well-maintained.
- Lack of Modern Amenities Mentioned
The description does not highlight recent upgrades or modern amenities (e.g., central AC, in-unit laundry, updated kitchens/baths), which could limit rent premium potential compared to newer constructions.
- Potential for High Operating Expenses
As an older, multi-unit property in a prime Los Angeles location, operating costs such as property taxes, insurance, and utility maintenance could be substantial, impacting overall profitability.
About 2955 Van Buren Place
Home Buyers and Investors Opportunity!! This well-maintained four-unit income property features an attractive rental layout, with each unit offering one bedroom, one bathroom, and a versatile den that can function as a second bedroom—enhancing rental flexibility and income potential. The property has been carefully cared for and consistently maintained over the years, minimizing deferred maintenance. Ideally located near the University of Southern California campus, it benefits from strong tenant demand, excellent proximity to the university, and a highly desirable rental market, making it a compelling investment opportunity.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1913
- Lot Size
- 10,000 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 4,436 | 4,436 | 50% |
| Lot Size | 10,000 | 5,892 | 67% |
| Price | $1.20M | $1.20M | 50% |
| Price per sq ft | $271 | $271 | 50% |
| Built year | 1913 | 1921 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 241 | 33% |
Pricing History
Listed for Sale
Jan 7, 2026
$1,200,000
Initial Listing