421 S Van Ness Avenue 3, Los Angeles, California 90020, Los Angeles, 90020 - 3 bed, 3 bath

421 S Van Ness Avenue 3
Los Angeles, California 90020
Property Price
SUMMARY
Analysis of 421 S Van Ness Avenue 3, Los Angeles, California 90020 is currently available with a list price of $1,099,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While the structure was built in 1975, the property has undergone an extensive $150,000 interior renovation. The updates include a modern kitchen with generous cabinetry and high-quality finishes, updated bathrooms, and contemporary flooring throughout. The property is move-in ready with no deferred maintenance, meeting the criteria for a recently and extensively renovated home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the desirable Hancock Park-Wilshire area near Larchmont Village and top-rated 3rd Street Elementary, offering excellent walkability and lifestyle convenience.
- Significant Interior Upgrades
With approximately $150,000 recently invested in remodeling and interior updates, the home offers a modern aesthetic and enhanced value compared to unrenovated units.
- Expansive Living Space
The 1,960 sqft three-level layout features a functional floor plan and two large private patios, providing a rare amount of indoor-outdoor living space for a townhouse.
CONSRISKS & DEFICIENCIES
- Older Construction
Built in 1975, the property may have aging building systems or common area aesthetics that do not match the modern standards of newer luxury developments.
- Verification Contingencies
The listing requires buyers to independently verify the condition of the $150,000 in improvements and school eligibility, suggesting a need for thorough due diligence.
About 421 S Van Ness Avenue 3
Spacious 3-level, 3 bedroom and 3 bathroom townhouse featuring two large private patios and a functional floor plan suitable for everyday living. The primary suite offers an en-suite bathroom, sitting area, and ample closet space. Two additional bedrooms and a full bathroom are located on the upper level. Located near 3rd Street Elementary School (buyer to independently verify school attendance and eligibility). The kitchen includes an eat-in breakfast area, generous cabinetry, and access to a secondary patio. Interior laundry area with washer and dryer included. According to the seller, approximately $150,000 was spent on remodeling and interior updates : buyer to verify condition. Property has been maintained since the improvements. Situated in a gated complex with landscaped grounds, pool, spa, and side-by-side parking. Conveniently located near Larchmont Village, restaurants, shops, banks, Paramount Studios, The Grove, Beverly Hills, Hollywood, West Hollywood, Downtown Los Angeles, Wilshire Corridor, and Metro access.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1975
- Lot Size
- 106,071 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $580.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 91% |
| Baths | 3.0 | 2.0 | 88% |
| Square foot | 1,960 | 1,003.5 | 94% |
| Lot Size | 106,071 | 31,559 | 94% |
| Price | $1.10M | $476.5K | 94% |
| Price per sq ft | $561 | $568 | 50% |
| Built year | 1975 | 1983 | 44% |
| HOA | $580.0 | $450 | 76% |
| Days on market | 4 | 164 | 3% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,099,900
Initial Listing
Sold
May 2, 2014
$669,000
Public Record




