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5112 S Van Ness, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath

5112 S Van Ness, Los Angeles, California 90062 home-pic-0
ACTIVE$650,000
5112 S Van Ness, Los Angeles, California 90062
0Bed
0Bath
1,760Sqft
5,201Lot
Year Built
1924
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$369
HOA
-
Days on market
-
Sold On
-
MLS number
SB25270085
Home ConditionFair
Features
Good View: City Lights, Trees/Woods
Patio
ViewCity Lights,Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $650.0K(17th), sqft - 1760(33th), beds - undefined(50th), baths - undefined(50th).

Incredible FIRST-TIME home buyer or investment opportunity in Los Angeles! Welcome to 5112 S Van Ness Ave, a well-maintained duplex offering great upside and strong rental appeal. Each unit features vinyl flooring, washer and dryer hookups, tankless water heaters, and several additional upgrades that enhance long-term durability and tenant satisfaction. The property includes a detached garage and a potential bonus room—perfect for storage, a workspace, or future value-add opportunities (buyer to verify). Priced right for investors, this duplex provides a solid foundation with room to improve and maximize returns. Located near major transit, shopping, and redevelopment corridors, this is the ideal portfolio addition or first investment property. ONE UNIT WILL BE VACANT AT CLOSE OF ESCROW!

Price History

Date
Event
Price
12/03/25
Listing
$650,000
Condition Rating
Fair
Built in 1924, this property is aged. While the exterior appears well-maintained and the description notes functional upgrades like vinyl flooring and tankless water heaters, there are no interior images provided, especially for the kitchen and bathrooms. This lack of visual evidence, combined with the property's age, suggests that these key areas are likely dated in style and features, requiring minor updates or cosmetic renovations to meet current aesthetic standards, even if they are functional. The absence of HVAC information is also a factor.
Pros & Cons

Pros

Investment & Owner-Occupant Opportunity: Explicitly marketed as an ideal first-time home buyer or investment opportunity, with one unit becoming vacant at close of escrow, offering immediate income potential or owner-occupancy.
Strong Rental Appeal & Durability: The duplex is well-maintained with upgrades like vinyl flooring, washer/dryer hookups, and tankless water heaters, enhancing tenant satisfaction and long-term durability.
Value-Add Potential: Includes a detached garage and a potential bonus room, offering opportunities for additional storage, workspace, or future value-add conversions (buyer to verify).
Strategic Location: Situated near major transit, shopping, and redevelopment corridors, suggesting strong appreciation potential and convenient access for tenants.
Modern Unit Amenities: Each unit features practical modern amenities such as vinyl flooring, in-unit washer and dryer hookups, and tankless water heaters, appealing to contemporary renters and reducing utility costs.

Cons

Age of Property & Unspecified System Updates: Built in 1924, while well-maintained, the description lacks specific details on major system upgrades (e.g., electrical, plumbing, roof beyond tankless water heaters), which may require future investment.
Bonus Room Verification Required: The 'potential bonus room' requires buyer verification, indicating it may not be permitted or ready for immediate use as a habitable space without additional investment or approvals.
Lack of HVAC Information: There is no mention of a cooling system (AC) in the property description, which could be a significant drawback for tenants or future occupants in Los Angeles' climate.

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