8216 S Van Ness Ave , Los Angeles, CA 90047
$899,995
Est. Payment: $4,528.63/mo
7 Bed
4 Bath
3479 Sqft
Status: pending | Days on site: 26
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House Description

BACK ON THE MARKET! First time on the market in over 50 years! Exceptional value add investment opportunity just minutes from SoFi Stadium. Sitting on a corner lot currently configured as a 3 unit, this unique property offers the potential to convert back to its original 4 unit layout. The spacious owner's unit features a combined 5 bedroom, 2 bath floor plan (Front Unit 3BD/1BA) and (Rear Unit 2BD/1BA with attached garage). This combined unit will be delivered vacant. The 2 upper 1 bedroom, 1 bath units, will both be delivered tenant occupied, providing immediate rental income. The property includes 4 separate addresses, each with their own entrance, as well as 4 separate gas and electric meters, offering excellent flexibility for future improvements. There is an additional detached garage presenting ADU or garage conversion potential, creating even more income possibilities. Recent upgrades include fresh interior paint, new carpet, and an updated roof. Whether you're looking to own a home with built in rental income, expand your investment portfolio, or unlock the property's full potential through restoration to a 4 unit configuration and possible ADU additions, this is an opportunity you won't want to miss. Properties with this combination of location, flexibility, and upside rarely become available. Don't miss your chance to make this gem your own!

Highlights

Listed by Tiffany L. Wysinger , 310-402-8226 Keller Williams Realty-Studio City , 818-432-1500. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1927

County

Los Angeles

Area

C36 - Metropolitan Southwest

Listing ID

SR26136429

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Dishwasher, Gas Range, Refrigerator
Floor:Carpet,Tile
Other:Ceiling Fan(s),Storage
Other:Public

Exterior Features

Lot:2-5 Units/Acre,Corner Lot,Front Yard,Lot Over 40000 Sqft,Walkstreet,Yard,No Land Lease
Garage Capacity:4
Zoning:RD1.5-1
Roof:Shingle
Others:Awning(s),Rain Gutters,Drywall,Plaster,2+ Total Units,Has ADU
Sewer:Public Sewer
Parking Features:Direct Access,Door-Single,Garage,Private,Garage Faces Side
Principal Interest
$4,529
Taxes
$574

Home Price

$899,995

Loan Details

30 yrs
6.453%

Down Payment

20%
$179,999
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:
$4,528.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,528.63 $573.75 $0.00 $5,102.38
Yearly $54,343.59 $6,884.96 $0.00 $61,228.55
Total $1,630,307.72 $206,548.85 $0.00 $1,836,856.57

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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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: 2026-08-08T10:35:52.000Z

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