3887 S Van Ness Avenue, Los Angeles, California 90062, Los Angeles, 90062 - 0 bed, 0 bath
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Los Angeles, California 90062
This Substantial Residential Income Duplex is listed at $1,277,777, positioned as a high-capacity asset within the USC and Exposition Park submarket. Featuring a Fair Market Value of $1,228,131, the property offers a significant 3,254 square feet of living area, providing a scale advantage over typical area comparables. The current Condition Rating of 4 highlights aging infrastructure and dated interiors, presenting a clear Value-Add opportunity to capture top-tier market rents through strategic renovation. This is a robust acquisition for Buy-and-Hold Investors or Owner-Occupants targeting long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3887 S Van Ness Avenue Subject | $1,277,777* List Price | 0 | 0 | 3,254 | $377 | - |
A 4019 S Van Ness Avenue Active | $1,050,000 List Price | 0 | 0 | 2,652 | $396 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this duplex is well-maintained and functional but shows clear signs of age. The kitchens and bathrooms feature dated cabinetry, older tile work, and mid-range appliances that likely haven't been updated in over 20 years. While the interior is clean with intact flooring, the property lacks modern renovations and the infrastructure is noted as aging.
As a substantial duplex totaling over 3,200 square feet, this property offers significant rental income opportunities or a 'house-hacking' option for owner-occupants in a high-demand Los Angeles rental market.
With 3,254 square feet of living space, the units are considerably larger than the area average, providing a competitive edge in attracting and retaining long-term tenants who prioritize spacious floor plans.
Situated in the 90062 zip code, the property is positioned near major transit corridors, USC, and Exposition Park, ensuring consistent tenant demand and strong long-term appreciation potential.
Built in 1965, the property may require near-term capital expenditures for modernizing major systems or cosmetic renovations to achieve top-of-market rental rates.
The building footprint occupies a large portion of the 5,085 square foot lot, leaving minimal yard space or private outdoor areas for tenants, which may be a drawback for families or pet owners.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,254 | 2,484 | 91% |
| Lot Size | 5,085 | 5,571 | 14% |
| Price | $1.28M | $904.9K | 82% |
| Price per sq ft | $393 | $372 | 59% |
| Built year | 1965 | 1923 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 257 | 233 | 68% |
Aug 8, 2025
$1,277,777
Initial Listing
Dec 15, 2016
$570,000
Public Record
Jan 2, 2001
$180,000
Public Record