3887 S Van Ness Avenue, Los Angeles, California 90062, Los Angeles, 90062 - 5 bed, 2 bath
ACTIVE$1,277,777
3887 S Van Ness Avenue, Los Angeles, California 90062
5Beds
2Baths
3,254Sqft
5,085Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Potential: As a duplex, this property offers immediate income-generating potential, ideal for investors or owner-occupants looking to offset mortgage costs.
Top Cons:
Year Built: Built in 1965, the property may require updates to meet modern standards and preferences, potentially incurring renovation costs.
Compared to the nearby listings
Price:$1.28M vs avg $927.5K (+$350,277)72%
Size:3,254 sqft vs avg 2,313 sqft78%
Price/sqft:$393 vs avg $39250%
More Insights
Built in 1965 (60 years old).
Condition: The property was built in 1965. The kitchens and bathrooms appear functional but outdated. Some rooms have hardwood floors, while others have carpet. Overall, the property shows its age and would benefit from updates, but it appears to be maintained.
Year Built
1965
Close
-
List price
$1.28M
Original List price
$1.28M
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
SR25172940
Home ConditionFair
Features
Good View: None
Patio
View-
About this home
Price History
Date
Event
Price
01/02/01
Sold
$180,000
12/15/16
Sold
$570,000
Condition Rating
Fair
The property was built in 1965. The kitchens and bathrooms appear functional but outdated. Some rooms have hardwood floors, while others have carpet. Overall, the property shows its age and would benefit from updates, but it appears to be maintained.
Pros & Cons
Pros
Income Potential: As a duplex, this property offers immediate income-generating potential, ideal for investors or owner-occupants looking to offset mortgage costs.
Sizeable Square Footage: With 3,254 sqft, the property provides ample living space, accommodating large families or tenants comfortably.
Lot Size: The 5,085 sqft lot offers outdoor space for recreation, gardening, or potential expansion.
Number of Bedrooms: Featuring 5 bedrooms, the property can accommodate large families or multiple tenants, increasing its rental appeal.
Location: Located in Los Angeles, the property benefits from access to numerous amenities, employment opportunities, and cultural attractions.
Cons
Year Built: Built in 1965, the property may require updates to meet modern standards and preferences, potentially incurring renovation costs.
Limited Bathrooms: Only 2 bathrooms for 5 bedrooms may be insufficient for larger families or multiple tenants, potentially impacting rental value.
Unknown View: The listing indicates 'None' for view, which could be a disadvantage compared to properties with desirable views.