1628 S Van Ness , Los Angeles, CA 90019
$1,300,000
Est. Payment: $6,541.39/mo
5 Bed
2 Bath
3036 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Investor's Opportunity in Prime Mid-City Los Angeles! This well-maintained triplex presents an outstanding investment opportunity in one of Los Angeles' most desirable rental markets, just minutes from Koreatown, Downtown LA, USC, shopping, dining, schools, public transportation, and major freeways. Originally configured as a duplex, the property has been divided into three separate units, offering excellent rental income potential. The property features a desirable unit mix with two spacious 3-bedroom, 2-bath units in the front building and one 2-bedroom, 2-bath unit in the rear. It is currently generating approximately $5,000 per month in rental income, with tremendous upside potential. A spacious upstairs 3-bedroom, 2-bath unit is currently vacant, providing an excellent opportunity for an owner-user to move in immediately or for an investor to lease at current market rent and significantly increase cash flow. Some photos have been virtually staged to illustrate the property's potential. No physical furniture is included. Additional amenities include on-site laundry, ample rear parking, and a functional layout that appeals to long-term tenants. With strong income potential, an excellent location, and long-term appreciation opportunities, this property is ideal for both investors and owner-users looking to build wealth in the heart of Los Angeles. The property is located on a wide and clean street. Do not disturb tenants. Drive-by only.

Highlights

Listed by Sophia Chang , 213-326-7754 New Star Realty & Investment , 714-994-3377. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.16

Year Built

1910

County

Los Angeles

Area

KREA - Koreatown

School District

Los Angeles Unified

Listing ID

PW26163177

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Wall/Window Unit(s)
Fireplaces:
Other:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:0
Others:2+ Total Units
Sewer:Public Sewer
Principal Interest
$6,541
Taxes
$829

Home Price

$1,300,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,541.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,541.39 $828.75 $0.00 $7,370.14
Yearly $78,496.73 $9,945.00 $0.00 $88,441.73
Total $2,354,902.01 $298,350.00 $0.00 $2,653,252.01

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T12:37:49.000Z

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