5112 S Van Ness, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath
5112 S Van Ness
Los Angeles, California 90062
Property Price
SUMMARY
Analysis of 5112 S Van Ness, Los Angeles, California 90062 is currently available with a list price of $650,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1924, this duplex is well-maintained and features some functional upgrades such as vinyl flooring and tankless water heaters. However, the property shows its age with dated kitchen and bathroom styles, and it lacks the comprehensive recent renovation necessary to be classified as 'good' or 'excellent' according to the specified criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Cash Flow
The property is a fully occupied duplex with long-term tenants, offering investors a stabilized asset with immediate rental income upon acquisition.
- Value-Add Potential
The inclusion of a detached garage and a potential bonus room provides significant opportunities for future expansion, storage, or ADU conversion to increase ROI.
- Modern Infrastructure Upgrades
Key updates such as tankless water heaters and durable vinyl flooring enhance tenant comfort while reducing immediate capital expenditure for the new owner.
CONSRISKS & DEFICIENCIES
- Aging Structure
Originally built in 1924, the property may require more frequent maintenance or hidden repairs associated with century-old electrical, plumbing, or foundation systems.
- Rent Control Constraints
As a multi-unit property in Los Angeles with long-term tenants, it is likely subject to RSO (Rent Stabilization Ordinance), which can limit the ability to quickly raise rents to current market levels.
About 5112 S Van Ness
Income Duplex with Long-Term Tenants – Excellent investment opportunity in Los Angeles! Welcome to 5112 S Van Ness Ave, a well-maintained duplex offering stable occupancy and long-term rental potential. Both units are tenant occupied, providing immediate income for investors seeking a property with existing cash flow and future upside. Each unit features vinyl flooring, washer and dryer hookups, tankless water heaters, and several upgrades that support long-term durability and tenant comfort. The property also includes a detached garage and a potential bonus room—ideal for storage, workspace, or future value-add opportunities (buyer to verify). Conveniently located near major transit, shopping, and redevelopment corridors, this property presents a strong opportunity for investors looking to acquire a stabilized asset in a desirable Los Angeles location.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1924
- Lot Size
- 5,201 Sq. Ft.
Interior
- Total Bedrooms
- -
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,760 | 2,178 | 26% |
| Lot Size | 5,201 | 5,466 | 22% |
| Price | $650.0K | $853.0K | 17% |
| Price per sq ft | $369 | $369 | 50% |
| Built year | 1924 | 1922 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 202 | 9% |
Pricing History
Listed for Sale
Dec 3, 2025
$650,000
Initial Listing