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Image 1 - 6820 S Van Ness Ave, Los Angeles, California, 90047 - House for sale
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S Van Ness Ave, Los Angeles, Home For Sale
6820 S Van Ness Ave, Los Angeles, California, 90047

S Van Ness Ave, Los Angeles, Home For Sale

house for sale
Listed: 06/27/24

6820 S Van Ness Ave, Los Angeles, California, 90047

5 Bed:
3 Bath:
5,009 Sq Ft Living Area:
Save
Price
$ 875,000

About This House

Huge price improvement !!!! Discover an exceptional chance to own a legal triplex in LA, situated just 10 minutes from Sofi Stadium. This property allows the owner to reside in a spacious 1-bedroom, 1-bath unit, available at escrow close, while renting out two additional 2-bedroom, 1-bath units for immediate income. Each unit features its own 1-car garage, and all are tenant-occupied but can be vacated at COE. With separate gas and electricity meters for utility billing convenience and a long driveway for extra parking, this triplex offers both investment potential and owner-occupancy benefits. Its prime location and ample amenities make it a standout opportunity for a higher-than-average return on investment or a smart way to cover the mortgage.

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Van Ness Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Van Ness, Los Angeles, United States averaged $780,708, staying on the same level compared to the previous month.
Median price trends for properties for sale in Van Ness, Los Angeles, United States as of June 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.