3 months on rocket

3886 S Van Ness Ave S Unit 2, Los Angeles, CA, 90062

$968,500

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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3886 S Van Ness Ave S Unit 2, Los Angeles$968,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAssigned
Year Built1923
FireplaceNone
MLS #SR24192660
Lot Size0.12 Acres
StatusActive

About 3886 S Van Ness Ave S Unit 2

Charming Duplex Close to USC with ADU Plans !! Welcome to this fantastic investment opportunity! This well-maintained duplex features two units, each boasting two bedroom and one bathroom. Perfectly situated just 8 minutes from University Of Southern California ( USC). Each unit comes with its own dedicated parking space, providing convenience and peace of mind. The layout is designed to maximize space and natural light, creating an atmosphere that residents will love coming home to. Additionally there are exciting plans in place for an Accessory Dwelling 2 units with additional 1400 square feet ( ADU) with an onsite laundry facility, offering even more potential for rental income. With its prime location and potential for further development this duplex is a smart investment for those looking to capitalize on the rental market. Don't miss your change to won't this versatile property. Please Note This Property to be sold together with 1943 W 39th St L.A 90062

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1

Listing Office:

  • Office Name: Pinnacle Estate Properties
  • Office Phone: (310) 927-4221
  • Listing Agent: Cynthia Ball-Ward

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: Obama Blvd to Arlington ave then left to Van Ness Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $968,500
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

3886 S Van Ness Ave S Unit 2 vs Los Angeles

95 DAYS ON ROCKET

+57 Days

$968,500

-$53K Less

KEY TAKEAWAY

This property is $53K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24192660

Listing Office:

  • Office Name: Pinnacle Estate Properties
  • Office Phone: (310) 927-4221
  • Listing Agent: Cynthia Ball-Ward

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:21:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$4,901

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,970

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-928195
6
/10

  • Tom Bradley Global Awareness Magnet

  • 3875 Dublin Ave

  • 0.34 miles

  • Public Magnet Grades KG-5

school-card-donut-928196
4
/10

  • King Jr. Elementary School

  • 3989 S Hobart Blvd

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-928197
7
/10

  • Bright Elementary School

  • 1771 W 36th St

  • 0.65 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,311. Typical income of Los Angeles, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90062›3886 S Van Ness Ave S Unit 2

This home is located at 3886 S Van Ness Ave S Unit 2 in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This home, which was built in 1923, sits on a 0.12 acre lot. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $968,500.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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