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Residentialincome

Los Angeles, CA 90047
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Bed 52

Bed

Bath 26

Bath

SqFt16,928

Sqft

SqFt39,111

Sqft(Lot)

We are excited to present the Van Ness-Century Complex. Located at 2111-2155 West Century and 9920-24 S Van Ness this residential compound consists of 26 - 2 Bedroom units on almost an acre of land. Units are comprised of 3(2+1) units and a billboard at the Van Ness address. The Century address consists of 23 (2+1) units. The apartments were built in 1950, contain 16,928 square feet and are made of wood-frame stucco construction. They are located on a large corner lot of 39,111 square feet, which is zoned LAC2-1. The scheduled gross income on the property is $480,477 and the estimated Net Operating Income is $310,800. Based on the attractive price of $4,500,000, the GRM is 9.3 and the CAP rate is 6.9. At that price, the Cost Per Unit is $173,077. Market rent would generate an income o f $660,000, providing a 10.9% CAP Rate and a GRM of 6.68. So, long term, this investment will provide a tremendous return. With 35% down, the investment would produce a cash-on-cash return of 5.65%, day 1.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,500,000

AD Id : 91789662

MLS Id : 26999409

Beds : 52

Lot Size : 39,111 Sq. Ft

Living Area Size : 16,928 Sq. Ft

Year Built : 1950

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 52

    Bathroom Information

    Total Baths: 26
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1950
    Building Area Total: 16928
    Stories: 1
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 39111 Lot Size Acres: 0.8979 Lot Size Square Feet: 39,111

  • Listing Price Information

    Listing Price: $4500000

  • Tax Information

    Parcel Number: 6057020032

  • Location Information

    Direction: Northeast corner of Van Ness and Century
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5953 S Denker Avenue, Los Angeles, CA, 90047 $750,000 3 3 -- 6,500 Sq. Ft
1423 W 65th, Los Angeles, CA, 90047 $799,000 3 3 -- 4,763 Sq. Ft
1417 W 84th, Los Angeles, CA, 90047 $1,999,999 15 14 -- 6,699 Sq. Ft
1507 W 83rd, Los Angeles, CA, 90047 $2,399,999 16 16 -- 6,722 Sq. Ft
1530 W 81st Street, Los Angeles, CA, 90047 $850,000 7 3 -- 7,078 Sq. Ft
1510 W 84th, Los Angeles, CA, 90047 $630,000 10 5 -- 6,678 Sq. Ft
8463 S Halldale, Los Angeles, CA, 90047 $1,100,000 5 4 -- 4,016 Sq. Ft
1538 W 85th, Los Angeles, CA, 90047 $899,900 5 3 -- 6,981 Sq. Ft
1605 W 87th, Los Angeles, CA, 90047 $979,900 5 5 -- 6,581 Sq. Ft
1438 W 95th Street, Los Angeles, CA, 90047 $725,000 5 3 -- 4,903 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/11/2026 @ 01:42

MLS: 26999409 LISTED BY: Jerome McAlpin, McAlpin & Company 310-437-4172 SOURCE: CRMLS

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