1834 N Van Ness Avenue, Los Angeles, CA 90028
-
Listed Price :
$1,400,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1919
Property Description
First time on the market in over 50 years! Investors and developers, don’t miss this prime opportunity in the heart of Hollywood! This 4-unit apartment building features spacious 1-bedroom, 1-bathroom units, each approximately 930 sq ft (one is currently tenant occupied), and sits on a lot of approximately 6,800 sq ft zoned LARD1.5. The property offers substantial redevelopment potential, including eligibility for Los Angeles' Transit Oriented Communities (TOC) tier 3 incentives, which could allow up to 70% more units with affordable housing set-asides, reduced parking requirements (as low as 0.5 spaces per unit), and additional height or FAR bonuses. Perfectly situated, this property is moments from the iconic Hollywood Walk of Fame, Griffith Park and Observatory for hiking and scenic views, and Runyon Canyon for outdoor enthusiasts. It is surrounded by world-class shopping, dining, and entertainment options, including Hollywood & Highland, Sunset Strip, and the Melrose Avenue retail corridor. Enjoy easy access to nearby neighborhoods like West Hollywood, Los Feliz, and Silver Lake, all popular hubs for arts, culture, and nightlife. Proximity to major freeways like the 101 ensures seamless connectivity to Downtown LA, Burbank, and Studio City. Whether repositioning the asset or undertaking a new build, this property offers unparalleled potential to thrive in one of LA’s most dynamic markets. Contact us for more details!
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Tile, Wood |
| Interior Information |
| Features |
Built-in Features, Ceiling Fan(s) |
| Cooling Type |
None |
Listing Information
| Address |
1834 N Van Ness Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90028 |
| County |
Los Angeles |
| Listing Agent |
Parastou Asadian DRE #01913000 |
| Courtesy Of |
Equity Union |
| List Price |
$1,400,000 |
| Status |
Pending |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
6,772 |
| Year Built |
1919 |
Listing information courtesy of: Parastou Asadian, Equity Union. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 26th, 2024 at 8:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
