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Stacey Alysson Melman

1628 S Van Ness
Los Angeles, CA, 90019
$1,300,000
5 Beds
2 Baths
3,036 SqFt
0.16 Acres
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MLS #PW26163177 image #0
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.
AGENT: Sophia Chang
LISTING BROKERAGE: New Star Realty & Investment
1628 S Van Ness
Los Angeles, CA

Property Details

Price:
$1,300,000
MLS #:
PW26163177
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Duplex
Neighborhood:
kreakoreatown
Listed Date:
Jul 27, 2026
Finished Sq Ft:
3,036
Lot Size:
7,003 sqft / 0.16 acres (approx)
Year Built:
1910
Krea – KoreatownKreakoreatownLos Angeles UnifiedNone
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Schools

School District:
Los Angeles Unified

Interior

Bathrooms
2 Full Bathrooms
Cooling
WW
Laundry Features
OUT
Levels
U
Main Level Bathrooms
2
Main Level Bedrooms
3

Exterior

Common Walls
_1CW
Community Features
URB
View
NO

Financial

Map

Community

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