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5512 S Van Ness Ave, Los Angeles, CA 90062

Sale Price: $630,000
Mar 13, 20241,082 sqft3 beds2 baths
Listed by: Jeanet Salazar
License #: 01473287
Phone #: 323-356-3638
J A T S Enterprises, Inc.
Source:
CRMLS Logo
MLS #: DW24050874

Property Description

“SELLER FINANCING AVAILABLE” - R2 Zoned Lot perfect for a seasoned builder, beginning investor, or first-time homebuyer! Welcome to 5512 S Van Ness Ave, a promising opportunity in Los Angeles. One of its standout features is the expansive lot size, exceeding 5000 sqft. This generous space opens doors to endless possibilities, from creating a lush garden oasis to expanding the living area. Seize the chance to transform this diamond in the rough into a dream home or a lucrative investment. Don't miss out on this unique chance to own a piece of Los Angeles real estate with incredible potential. This property, while in need of some tender loving care (TLC), stands as a golden chance for both first-time homebuyers and seasoned investors. Priced attractively, it presents the perfect canvas for customization and improvement. Nestled in a vibrant neighborhood, this residence boasts proximity to enticing attractions, including parks, dining, and cultural hotspots. This property offers a strategic location and potential for substantial value appreciation.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,632

TurboHome Estimated Value

$654,400

$605 sqft

High Valuation
$687,120
$635/sqft
Normal Valuation
$654,400
$605/sqft
Low Valuation
$621,680
$575/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$605/sqft$654,400

Neighborhood: South Los Angeles

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Comparative Value

$600K

$630K

$645K

$750K

$785K

$789K

5512 S Van Ness Ave, Los Angeles, CA 90062

List Price: $600,000

Subject Property

5512 S Van Ness Ave, Los Angeles, CA 90062

Sale Price: $630,000

Selected Comparable

6123 Haas Ave, Los Angeles, CA 90047

Sale Price: $645,000

Selected Comparable

5106 S Gramercy Pl, Los Angeles, CA 90062

Sale Price: $750,000

Selected Comparable

5123 S Van Ness Ave, Los Angeles, CA 90062

Sale Price: $785,000

Selected Comparable

1828 W 50th St, Los Angeles, CA 90062

Sale Price: $788,888

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5512 S Van Ness Ave, Los Angeles, CA 90062

5512 S Van Ness Ave, Los Angeles, CA 90062

List: $600,000

Listed: 3/13/2024

Area:1,082 sqft
Price/sqft:$555
Beds:3
Baths:2
Year Built:
Lot Size:5,039

Comparable Properties

COMPARABLE
Choose comps
5512 S Van Ness Ave, Los Angeles, CA 90062

5512 S Van Ness Ave, Los Angeles, CA 90062

Sale: $630,000

6/4/20250.00 mi

Area:1,082 sqft
Price/sqft:$582
Beds:3
Baths:2
Year Built:
Weight:23.0%
5106 S Gramercy Pl, Los Angeles, CA 90062

5106 S Gramercy Pl, Los Angeles, CA 90062

Sale: $750,000

4/19/20250.39 mi

Area:1,071 sqft
Price/sqft:$700
Beds:3
Baths:2
Year Built:
Weight:21.4%
1828 W 50th St, Los Angeles, CA 90062

1828 W 50th St, Los Angeles, CA 90062

Sale: $788,888

6/10/20250.48 mi

Area:1,235 sqft
Price/sqft:$639
Beds:3
Baths:2
Year Built:
Weight:19.7%
5123 S Van Ness Ave, Los Angeles, CA 90062

5123 S Van Ness Ave, Los Angeles, CA 90062

Sale: $785,000

10/28/20240.30 mi

Area:1,231 sqft
Price/sqft:$638
Beds:3
Baths:2
Year Built:
Weight:18.6%
6123 Haas Ave, Los Angeles, CA 90047

6123 Haas Ave, Los Angeles, CA 90047

Sale: $645,000

12/31/20240.56 mi

Area:1,128 sqft
Price/sqft:$572
Beds:3
Baths:1
Year Built:
Weight:17.3%

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