4019 S Van Ness Avenue, Los Angeles, California 90062, Los Angeles, 90062 - 0 bed, 0 bath
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Los Angeles, California 90062
This gated fourplex represents a Strong Value Opportunity, listed at $1,050,000—positioned well above the $979,990 Fair Market Value by 7%. Featuring a Condition Rating of 3, the property offers Modern Interior Updates including granite countertops and tile flooring. Its Diverse Unit Mix near USC and BMO Stadium ensures consistent rental demand. While the Vintage Infrastructure requires long-term maintenance awareness, the asset provides immediate income potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4019 S Van Ness Avenue Subject | $1,050,000* List Price | 0 | 0 | 2,652 | $370 | - |
A 3968 3970 S Hobart Boulevard Sold | $775,000 | 0 | 0 | 1,818 | $426 | 0.6 mi |
B 4019 S Van Ness Avenue Active | $1,050,000 List Price | 0 | 0 | 2,652 | $396 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1922, the property shows signs of a comprehensive renovation likely within the last 5-15 years. Interior photos reveal modern marble-style tile flooring, recessed lighting, updated cabinetry, and granite countertops. The units appear well-maintained and move-in ready, though the presence of window AC units suggests a lack of modern central HVAC systems.
Situated near USC and BMO Stadium, this property is in a high-demand rental market, ensuring low vacancy rates and consistent cash flow from students and local professionals.
The fourplex offers a versatile configuration of two 2-bedroom units, a 1-bedroom unit, and a studio, allowing for a diversified income stream and appeal to various tenant profiles.
Key units feature contemporary upgrades such as tile flooring, recessed lighting, and in-unit laundry facilities, which enhance tenant retention and support premium rental rates.
Built in 1922, the property may require significant capital expenditures for plumbing, electrical, or structural maintenance common in century-old buildings.
With four units situated on a 6,210 sqft lot, parking availability and private outdoor space may be limited, potentially impacting the property's appeal to tenants with multiple vehicles.
Gated Fourplex in a prime location near USC and BMO Stadium. This income-producing property features two front units, each offering 2 bedrooms and 2 baths, plus a rear 1-bedroom, 1-bath unit, and a fourth unit that is a studio. One of the front units showcases tile flooring, recessed lighting, and an open living room that flows seamlessly into the dining area. The kitchen offers plenty of cabinet space, a ceiling fan, and inside laundry. Bedrooms are spacious and bright, complete with recessed lighting and ceiling fans. Bathrooms include a tiled shower and the second one has a shower-in-tub combination. Conveniently located near shopping centers, dining, and major freeways, this gated fourplex is well-suited for investors seeking strong rental demand with future expansion potential. The additional addresses are 4021 and 4021 1/2 Van Ness Ave Los Angeles
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,652 | 2,250 |
| Lot Size | 6,210 | 5,864 |
| Price | $1.05M | $826.7K |
| Price per sq ft | $396 | $395 |
| Built year | 1922 | 1925 |
| HOA | $0 | $0 |
| Days on market | 21 | 83 |
Jul 1, 2026
$1,050,000
Initial Listing
Jun 29, 2016
$500,000
Public Record
Jan 27, 2005
$365,000
Public Record