Positioned on a desirable corner lot and screened by mature privacy hedges, 5175 S. Van Ness Avenue presents a unique investment and owner-user opportunity in the heart of South Los Angeles. This well-maintained income property consists of two 1-bedroom, 1-bath residences plus a studio garage conversion, offering flexibility for rental… Read More income, multi-generational living, or a live-in-one, rent-the-others scenario. The property makes an immediate impression with its attractive curb appeal, gated entry, expansive concrete courtyard, and lush perimeter landscaping that creates a private and inviting outdoor environment rarely found in multifamily properties of this size. The front residence has been thoughtfully updated and showcases a modern open-concept design with wide-plank flooring, recessed lighting, dual-pane windows, and a beautifully remodeled kitchen featuring white shaker cabinetry, quartz-style countertops, subway tile backsplash, stainless steel appliances, and a functional center island. The renovated bathroom has been tastefully upgraded with contemporary finishes, creating a turnkey living experience. The spacious layout is enhanced by abundant natural light, generous living areas, and ample storage, including a large walk-in closet. The second 1-bedroom, 1-bath unit offers comfortable accommodations and presents an opportunity for future value enhancement. The detached studio garage conversion adds additional versatility and income-producing potential (buyer to verify permits and square footage). Situated on a prominent corner parcel, the property benefits from multiple access points, enhanced privacy, and excellent separation between living spaces. The outdoor courtyard provides a welcoming setting for entertaining, relaxing, or enjoying Southern California's year-round climate. Conveniently located near major transportation corridors, employment centers, schools, parks, shopping, dining, SoFi Stadium, Intuit Dome, Downtown Los Angeles, and USC, this property combines location, flexibility, and income potential in one attractive package. Whether you're an investor seeking strong rental opportunities or an owner-user looking to offset your mortgage with supplemental income, 5175 S. Van Ness Avenue offers a rare combination of character, privacy, and versatility on a beautifully maintained corner lot. Read Less
Property listed by Pacific Playa Realty, Teresa Mack 310-259-7556
Built in 1923, Living area: 1564.0, 2 buildings, Building faces East, 1 storey, Levels: One, Entry location: Main Level, Construction Materials: WoodSiding
Cooling
None
Accessibility Features
GrabBars
Exterior Features
Patio/Porch Features: Concrete, RainGutters
Fireplaces
None
Floors
Carpet
Foundation
Slab
Heating
WallFurnace
Income
Gross Income: $11,688, Net Operating Income: $10,450
Interior Features
RecessedLighting
Laundry
Inside
Lot
0.1037 acres, FrontYard, Lawn, Yard
Parking
2 open parking spaces, 4 total parking spaces, Concrete, Driveway, Gated, Private, OneSpace, OnStreet
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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