1834 N Van Ness Avenue new

Los Angeles,CA 90028

$ 1400000

- Bed

- Bath

3712 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,712 sqft

Price per Sqft $377

MLS Listing ID CRSR24249700

Year Built 1919

Lot Size 6,772 Sqft

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 o

Location

State CA

County Los Angeles

Interior

Cooling No Air Conditioning

Flooring Tile,Wood

Laundry No Hookups

Exterior

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Building

Lot Description Front Yard,Landscape Misc

Water Public

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