Los Angeles, CA90007
| 4436 sqft | MLS# 25530389
Tract:
For Sale $1,499,000
Description
2955 Van Buren Place is a 4 unit apartment building featuring old-world character and four oversized one bedroom/one bathroom units, each with its own bonus room. The building has had numerous recent upgrades including new drains, repaired roof fascia, a reinforced back staircase, and an updated electrical panel. There is ample tenant parking, individual water heaters, and in-unit laundry machines for tenant convenience. Investors with a vision can capitalize on substantial unrealized rental upside either through attaining market rents with or without conversion, and via new construction. The 9,997 square foot corner lot, R3 zoning, and Tier 3 designation provide appeal for future development. Superbly located in Exposition Park less than a mile from the University of Southern California campus and within the school's patrol zone, 2955 Van Buren Place provides residents with many of the great things LA has to offer right outside their front door. The property features a strong 79 walk score and is central to major employment, freeways, and points of interest alike. Tenants have numerous nearby attractions to choose from, including the Exposition Park stadium and museum complex, Downtown LA, and West Adams. Public transit is also easily accessible at the Expo/Vermont Metro station 0.9 miles away.
Facts
| Built in 1913 | Lot Size: 10000.00 sqft | HOA Dues: $0/month
Features
Ceiling Fan(s)
Listing provided by Jordan Peikin, Jordan Peikin
Based on information from California Regional Multiple Listing Service, Inc. as of May 4, 2025. 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.
