2955 Van Buren Place, Los Angeles, California 90007, Los Angeles, 90007 - 0 bed, 0 bath
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2955 Van Buren Place
Los Angeles, California 90007
ACTIVE
CONDITION: GOOD
0Beds
0Baths
4,436Sq Ft
10,000Lot Size
Property Price
LIST PRICE$1,198,000
EST. MARKET VALUE
$1,117,939
7% AboveMARKET VALUE
SUMMARY
This 4-unit Residential Income Asset represents a Strong Value Opportunity, listed at $1,198,000—positioned well below the $1,117,940 Fair Market Value by 7%. Featuring a Condition Rating of 3, the property offers move-in ready units with flexible den layouts that maximize rental income. Its proximity to the University of Southern California ensures consistent tenant demand, while the expansive 10,000-square-foot lot provides significant long-term development potential. This is a compelling acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, high-demand rental property.
Estimated Market Value
$1,117,939
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2955 Van Buren Place Subject 0 bd · 0 ba · 4,436 sqft · $252 | $1,198,000* List Price | 0 | 0 | 4,436 | $252 | - |
A 1329 W 37th Active 0 bd · 0 ba · 5,917 sqft · $228 · 0.6 mi | $1,350,000 List Price | 0 | 0 | 5,917 | $228 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1913, the property appears well-maintained and functional. Interior photos show move-in ready conditions with partial updates to kitchens and bathrooms (newer vanities, toilets, and some appliances) likely within the 10-15 year range. Systems, such as the water heater, appear modern and properly strapped, supporting the claim of minimal deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated near the University of Southern California (USC), the property benefits from a high-demand rental market with a consistent pool of student and faculty tenants.
- Flexible Unit Layouts
Each of the four units includes a den that can function as a second bedroom, significantly increasing rental income potential and appeal to roommates.
- Substantial Lot Size
The generous 10,000-square-foot lot provides ample space and potential for future development or ADU additions, adding long-term value to the investment.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With nearly 300 days on the market, the property may face perception issues regarding its pricing or underlying condition, potentially affecting negotiation leverage.
- Historic Infrastructure
Originally built in 1913, the property may require ongoing maintenance or costly upgrades to aging systems like plumbing and electrical to meet modern standards.
About 2955 Van Buren Place
This well-maintained 4-unit income property features an attractive rental layout, with each unit offering 1 bedroom, 1 bathroom plus a Den that can function as a 2nd 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 opportunity.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1913
- Lot Size
- 10,000 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 4,436 | 2,090.331 |
| Lot Size | 10,000 | 5,852.908 |
| Price | $1.20M | $830.9K |
| Price per sq ft | $270 | $394 |
| Built year | 1913 | 1928 |
| HOA | $0 | $0 |
| Days on market | 306 | 87 |
Pricing History
Listed for Sale
Oct 27, 2026
$1,198,000
$1,199,900
+0% Price Increase
Initial Listing
Price Change
Jun 4, 2026
$1,199,900
$1,200,000
+0% Price Increase
Initial Listing
Price Change
Jan 7, 2026
$1,200,000
Initial Listing