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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,199,000

Est. payment -/mo

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2955 Van Buren PL Los Angeles, CA 90007

4 Beds

4 Baths

4,436 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,436 sqft

Price per Sqft $270

MLS Listing ID 25530389

Bedrooms 4

HOA Y/N No

Year Built 1913

Property Description

HUGE PRICE REDUCTION! 2955 Van Buren Place is a 4 unit apartment building featuring old-world character and four oversized one bedroom/one bathroom units, each with its own bonus room. The building has had numerous recent upgrades including new drains, repaired roof fascia, a reinforced back staircase, and an updated electrical panel. There is ample tenant parking, individual water heaters, and in-unit laundry machines for tenant convenience. Investors with a vision can capitalize on substantial unrealized rental upside either through attaining market rents with or without conversion, and via new construction. The 9,997 square foot corner lot, R3 zoning, and Tier 3 designation provide appeal for future development. Superbly located in Exposition Park less than a mile from the University of Southern California campus and within the school's patrol zone, 2955 Van Buren Place provides residents with many of the great things LA has to offer right outside their front door. The property features a strong 79 walk score and is central to major employment, freeways, and points of interest alike. Tenants have numerous nearby attractions to choose from, including the Exposition Park stadium and museum complex, Downtown LA, and West Adams. Public transit is also easily accessible at the Expo/Vermont Metro station 0.9 miles away.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Gravity

Cooling None

Flooring Carpet, Laminate, Tile

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Exterior Feature Rain Gutters

Parking Features Garage, Side By Side, Tandem, Uncovered

Pool None

Community Features Gated

View Y/N Yes

View City Lights

Roof Type Composition,Shingle

Total Parking Spaces 8

Private Pool No

Building

Faces East

Story 2

Entry Level Two

Foundation Raised

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5054013012

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s),Window Bars

Special Listing Condition Standard

Listed by Jordan Peikin Jordan Peikin

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

2955 Van Buren PL Los Angeles, CA 90007

Key Details

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2955 Van Buren PL