Multi-Family•Low-Rise/Garden•For Sale

The Van Horne Apartments

3922-3930 Van Horne Avenue, Los Angeles, California 90032

Sale Price $1,399,999
Sale Type Owner User
Zoning LARD3, LARD3
Year Built 1922
Year Renovated 2018
Stories 1
Cap Rate 3.81%
Vacancy 75%
Gross Bldg 3,408 SqFt
Land Area .29 Acres
Project Size 5
Net Op Inc $53,374
Complete renovation in 2017 & 2018 2 parcels ( 1- SFR & 4 Units ) Great unit mix Rent Controlled Asset 8 Yr old roof New Windows Plumbing and electrical updated 1 Vacant Unit / Possibly 2 Great Location and close to shopping and Freeway Access Just minutes from downtown LA TMG Investments is pleased to present this completely renovated 5 unit site. It consists of 2 parcels totaling 5 units that all have been carefully renovated from the ground up. Located in the Monterey Hills of El Sereno this property is great for a family looking for investment that they could live in one and rent the other. With a good unit mix of 3- 2 bedroom units, 1- 4 bedroom house and a 1 bedroom 1 bath unit. Large lot makes for plenty of parking. The property is gated and each unit has their own small yard and private patio. These units have new windows, electrical, plumbing and many other updates that there is not room enough to add. Located just minutes from Downtown Los Angeles and other surrounding cities like Alhambra.
  • Complete renovation in 2017 & 2018
  • 2 parcels ( 1- SFR & 4 Units )
  • Great unit mix
  • Rent Controlled Asset
  • 8 Yr old roof
  • New Windows
  • Plumbing and electrical updated
  • 1 Vacant Unit / Possibly 2
  • Great Location and close to shopping and Freeway Access
  • Just minutes from downtown LA
1/3/2019 12:58:42 AM 1/3/2019 12:58:42 AM

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