1163 N VAN NESS AVELOS ANGELES, CA 90038
| Cross street: | CORNER OF VIRGINIA - NORTH OF SANTA MONICA - WEST |
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Property
| Ownership: | For Sale |
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| Bedrooms: | 8 BR |
| Bathrooms: | 10 |
| Pets: | Pets Unknown |
| Area: | 7451 sq ft |
| Lot Size: | 0.17 Acres |
FinancialsPrice: $2,250,000
| Price: | $2,250,000 |
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DescriptionThis is an Amazing Investment, 6 Units, On the Corner, 3 Units are held Vacant so the Buyer can rent at Market Rate! The other 3 Units are rented month-to-month. Huge Frontage on Van Ness, a Prime Access Street! And a full Parking Lot as well! Must Drive By! Offering R3-T2 Zoning for future Development! Possibilities may include Adding Multiple ADUs, Or even (someday) maybe Building an Apartment Building (or re-selling to a Cash-Strong Developer that will do so). And IF Purchased with the Home + 2 Units Next Door, on Virginia, this may be a DEVELOPER'S DREAM DEAL, possibly Building 30 Units, or so, while collecting Income during the Planning Stage! Check out the neighboring property IN THE MLS, 5807 Virginia Ave. 90038. Family Area Near Schools & Shopping & Transportation! TWO PARCELS ON THE MARKET 5807 Virginia Ave. 90038, AND 1163 North Van Ness Ave. 90038. The Owner prefers to sell both properties (doesn't matter if different Buyers for each property) that can close Escrow at the same time. Together these properties are a Hard to Find COMBO Double-Lot Development Site in Hollywood! Together the Lot Footage is approximately 15,000 SF! Buy Now - Build Later! Please Email any additional questions or thoughts to the Agent, thank you!
Neighborhood
This is an Amazing Investment, 6 Units, On the Corner, 3 Units are held Vacant so the Buyer can rent at Market Rate! The other 3 Units are rented month-to-month. Huge Frontage on Van Ness, a Prime Access Street! And a full Parking Lot as well! Must Drive By! Offering R3-T2 Zoning for future Development! Possibilities may include Adding Multiple ADUs, Or even (someday) maybe Building an Apartment Building (or re-selling to a Cash-Strong Developer that will do so). And IF Purchased with the Home + 2 Units Next Door, on Virginia, this may be a DEVELOPER'S DREAM DEAL, possibly Building 30 Units, or so, while collecting Income during the Planning Stage! Check out the neighboring property IN THE MLS, 5807 Virginia Ave. 90038. Family Area Near Schools & Shopping & Transportation! TWO PARCELS ON THE MARKET 5807 Virginia Ave. 90038, AND 1163 North Van Ness Ave. 90038. The Owner prefers to sell both properties (doesn't matter if different Buyers for each property) that can close Escrow at the same time. Together these properties are a Hard to Find COMBO Double-Lot Development Site in Hollywood! Together the Lot Footage is approximately 15,000 SF! Buy Now - Build Later! Please Email any additional questions or thoughts to the Agent, thank you!
1163 N VAN NESS AVE Hancock Park LA
DescriptionThis is an Amazing Investment, 6 Units, On the Corner, 3 Units are held Vacant so the Buyer can rent at Market Rate! The other 3 Units are rented month-to-month. Huge Frontage on Van Ness, a Prime Access Street! And a full Parking Lot as well! Must Drive By! Offering R3-T2 Zoning for future Development! Possibilities may include Adding Multiple ADUs, Or even (someday) maybe Building an Apartment Building (or re-selling to a Cash-Strong Developer that will do so). And IF Purchased with the Home + 2 Units Next Door, on Virginia, this may be a DEVELOPER'S DREAM DEAL, possibly Building 30 Units, or so, while collecting Income during the Planning Stage! Check out the neighboring property IN THE MLS, 5807 Virginia Ave. 90038. Family Area Near Schools & Shopping & Transportation! TWO PARCELS ON THE MARKET 5807 Virginia Ave. 90038, AND 1163 North Van Ness Ave. 90038. The Owner prefers to sell both properties (doesn't matter if different Buyers for each property) that can close Escrow at the same time. Together these properties are a Hard to Find COMBO Double-Lot Development Site in Hollywood! Together the Lot Footage is approximately 15,000 SF! Buy Now - Build Later! Please Email any additional questions or thoughts to the Agent, thank you!
Neighborhood
This is an Amazing Investment, 6 Units, On the Corner, 3 Units are held Vacant so the Buyer can rent at Market Rate! The other 3 Units are rented month-to-month. Huge Frontage on Van Ness, a Prime Access Street! And a full Parking Lot as well! Must Drive By! Offering R3-T2 Zoning for future Development! Possibilities may include Adding Multiple ADUs, Or even (someday) maybe Building an Apartment Building (or re-selling to a Cash-Strong Developer that will do so). And IF Purchased with the Home + 2 Units Next Door, on Virginia, this may be a DEVELOPER'S DREAM DEAL, possibly Building 30 Units, or so, while collecting Income during the Planning Stage! Check out the neighboring property IN THE MLS, 5807 Virginia Ave. 90038. Family Area Near Schools & Shopping & Transportation! TWO PARCELS ON THE MARKET 5807 Virginia Ave. 90038, AND 1163 North Van Ness Ave. 90038. The Owner prefers to sell both properties (doesn't matter if different Buyers for each property) that can close Escrow at the same time. Together these properties are a Hard to Find COMBO Double-Lot Development Site in Hollywood! Together the Lot Footage is approximately 15,000 SF! Buy Now - Build Later! Please Email any additional questions or thoughts to the Agent, thank you!
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.