$1,300,000

1628 S Van Ness, Los Angeles, CA 90019

5 beds |
2 baths |
3,036 sqft

Condominium
Built in 1910
7,004sqft lot
—— car garage
$428/sqft
Listed 2 days ago

Property Description

Investor's Opportunity in Prime Mid-City Los Angeles! This well-maintained triplex presents an outstanding investment opportunity in one of Los Angeles' most desirable rental markets, just minutes from Koreatown, Downtown LA, USC, shopping, dining, schools, public transportation, and major freeways. Originally configured as a duplex, the property has been divided into three separate units, offering excellent rental income potential. The property features a desirable unit mix with two spacious 3-bedroom, 2-bath units in the front building and one 2-bedroom, 2-bath unit in the rear. It is currently generating approximately $5,000 per month in rental income, with tremendous upside potential. A spacious upstairs 3-bedroom, 2-bath unit is currently vacant, providing an excellent opportunity for an owner-user to move in immediately or for an investor to lease at current market rent and significantly increase cash flow. Some photos have been virtually staged to illustrate the property's potential. No physical furniture is included. Additional amenities include on-site laundry, ample rear parking, and a functional layout that appeals to long-term tenants. With strong income potential, an excellent location, and long-term appreciation opportunities, this property is ideal for both investors and owner-users looking to build wealth in the heart of Los Angeles. The property is located on a wide and clean street. Do not disturb tenants. Drive-by only.

Listing Status:: Active
Date Added:: July 27, 2026
Data Last Updated:: July 29, 2026 at 2:11PM
Listing Office:: New Star Realty & Investment : 714-994-3377
Listing Agent:: Sophia Chang : 213-326-7754
MLS ID:: PW26163177

A/C: Wall/Window
Fireplace: N/K

Pool: N/K
Parking: Parking spaces: 0

General: 2

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: 5073021011
View: N/K

Water: Public
Sewer: Public Sewer

Source: California Regional MLS

This listing courtesy of Sophia Chang , New Star Realty & Investment

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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