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Millman Team Real Estate

$1,300,000
0.17 Acre Lot

1322 Van Ness Street, Los Angeles, California 90019

  • Residential Income Property Type
  • Driveway Cars Garage
  • 1940 Year Built
Property Description

!! GREAT INVESTMENT OPPORTUNITY !! Exceptional 4-unit investment opportunity in Angelus Vista, situated between Koreatown and Arlington Heights. This very well-maintained, fully fenced, secured fourplex and ready to be leased!! Each of the spacious four units features 1 bedroom and 1 bathroom, perfect for attracting tenants or making it your own investment dream. The property sits on a large 7, 202 sq. ft. lot with a building size of over 3098 sq. ft., zoned LR3, offering future development potential, while SB1211 allows for the development of up to two detached ADUs by right buyer CAN BUILD 2 more units, each 2+1. Additional highlights include a 3-covered carport, that you can rent, ample parking is available at the rear and front of the property, ensuring convenience for all, a 250sqft basement for owner to use, every unit is separately metered gas and electricity. Located in a highly desirable neighborhood it’s within 3 miles to USC, 15-minute drive to Koreatown, Hollywood, DTLA, BMO Stadium, easy access to freeways. This is a rare opportunity to add to your portfolio and own an income-generating property in one of LA’s most sought-after areas. Three units will be delivered vacant. Live in one and rent the others!

Basic Details
Residential Income
For Sale
SR26153015
$1,300,000
1940
0.17 Acre
Active
1
Quadruplex
: Asphalt
Features
: None
: Space Heater
: Wall/Window Unit(s)
: Wrought Iron, Block
: None
: Driveway, Detached Carport
: Craftsman
3.0
: Laminate, Tile
: Walk-In Closet(s), Quartz Counters, Crown Molding, Tile Counters
: Common Area
: Private Sewer
: Water Connected, Electricity Available
: ENERGY STAR Qualified Windows
$0
Appliances
: Dishwasher, Gas Range, Water Heater
Address Map
CA
Los Angeles
Los Angeles
90019
Van Ness Street
1322
W119° 41' 4.6''
N34° 2' 47.3''
Off of Pico & Van Ness
C16 - Mid Los Angeles
Additional Information
$0
$0
$0
$0
$0
3098
: Sidewalks, Street Lights
: Stucco
Standard
2
: Raised
: Two
: Front Yard
4
2026-07-14
2
2
: Private
Broker/Agent Information
Beverly and Company, Inc.
Elvia Luna
Listing Information
SR207061153
SR0185400
Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Active
2026-07-15T13:18:50Z
CRMLS
: Standard
2026-07-14T09:39:38Z
Agent info
Ray Millman
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