1827 N Van Ness Avenue, Los Angeles, CA 90028 - Berkshire Hathaway HomeServices California Properties
1827 N Van Ness Avenue Los Angeles, CA 90028
$3,995,000 24 beds, 24 baths
14, 300 sqft

Agent Remarks

1827 N Van Ness Ave, a 16 unit apartment building located in the heart of Hollywood, a prime neighborhood of Los Angeles, CA. Built in 1964, the property consists of (8) one-bedroom + one-bathroom units and (8) two-bedroom + two-bathroom units. The building is 14,300 gross square feet and sits on a 13,509 square foot lot.1827 N Van Ness Ave is located on a charming, tree-lined street in Hollywood. There is no shortage of activities to explore in the area. From popular hiking trails of Runyon Canyon and Griffith Park to seeing the Hollywood Walk of Fame.Hollywood's central location provides convenient access to major freeways, public transportation, and is only a 5-minute walk to the Hollywood Blvd Metro station further extending the area's connectivity to the rest of Los Angeles.1827 N Van Ness Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 5.29% with the ability to improve to a7.22% CAP rate once units turnover.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25505787
List price is $3,995,000
Beds: 24
Baths: 24
Built in 1964
14,300 sqft
0.31 acres
Lot size: 0.3102
County: Los Angeles
Zoning: LARD1.5
Parking description: Underground
Heating/cooling: None
Heating description: None
MLS area: C20 - Hollywood

Last Updated: 3/11/2025

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This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.104252, -118.316131.
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Listing Agent: Michael Kamara
Lic#: 01801928
Office Name: Sherman Oaks

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