1163 N VAN NESS Ave

Hollywood Studio District, Los Angeles, CA 90038

Multi Family Townhouse


Bachir Oueida
  • Licensed Real Estate Salesperson
  • DRE #: 00936311
Source of Data:
Combined Los Angeles/Westside MLS
Combined Los Angeles/Westside MLS

Property Description

POTENTIAL 9.7% CAP WITHOUT CONSTRUCTION! Developers Dream Corner! PLUS Buy & Hold Investment Opportunity, WITH INCOME! LOW-PRICED! CHOICE CORNER DOUBLE LOT OFFERINGS in a Family Area Near Schools & Shopping & Transportation! TWO PARCELS to be sold together, both on the Market: This Property (1163 North Van Ness Ave. 90038) PLUS the Next Door Property (5807 Virginia Ave.90038 - Check the MLS)!! Both For Sale - Both On The Market and Both Properties must close Escrow at the same time. Hard to Find COMBO Double-Lot Development Site in Hollywood! Total Lot Footage approximately 15,000 SF! CHECK WITH THE CITY as the Zoning is R3-T2 for both lots. THREE UNITS ARE VACANT, which makes this Investment Even Better! And this is a great Future Investment as well. Buy Now - Build Later! Should you decide not to Build at this time, in the interim, you will have the opportunity of Top Rental Rates for the 3 Vacant Units! And There's More: This is potentially considered a Perfect Investment to park your Exchange Trade Funds for possible Extreme Future Benefits! Please note that unit income calculations herein are based upon projected income estimations. Email any additional questions or thoughts to Agent, thank you!
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  • Interior
    4,992 Sq Ft.
  • Exterior
    .17 Acres
  • Property Type
    Multi Family Townhouse
  • Year Built
  • MLS/Listing ID
  • Days On Market


  • Garage - Detached
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Listing Courtesy of Bruce Jay Associates, Bruce Jay - 00559166 - 323-660-3600