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$1,300,000
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Property Description
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.
Full Property Details
Full Property Details for 1628 S Van Ness
General
- Price: $1,300,000
- Status: Active
- Type: Duplex
- Source: MRMLS
- MLS ID: PW26163177
- Updated: 8/7/2026
- Days on Market: 25 days
- Added to Site: 25 day(s) ago
Interior
- Rooms/Areas: Multi-Level Bedroom
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Outside
Additional Information
- Pool Description: None
Location
- County: Los Angeles
- Driving Directions: From Koreatown: South on Western Ave, W on Venice Blvd, S on Van Ness Ave. Property on the east side of Van Ness Ave.
School Information
- School District: Los Angeles Unified
Community
- Community Features: Urban
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: 1 Common Wall
- Entry Location: South
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,036
- Sq. Ft. Source: Assessor
- Year Built: 1910
- Year Built Source: Public Records
Lot Features
- Property View: None
- Lot Size (Acres): 0.1608
- Lot Size (Sq. Ft.): 7,003
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $428.19
Disclosures and Reports
- Special Conditions: Standard
Listed by New Star Realty & Investment, Sophia Chang
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Schools
Schools serving 1628 S Van Ness
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Carson-Gore Academy Of Enviornmental Studies 3200 West Washington Boulevard, Los Angeles, CA 90018 | 5-4 | 0.3 mi |
Pio Pico Middle School 1512 Arlington Avenue, Los Angeles, CA 90019 | 6-8 | 0.3 mi |
Los Angeles Senior High School 4650 West Olympic Boulevard, Los Angeles, CA 90019 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1628 S Van Ness
Date
Details
Price
Change
Source
7/27/2026
Listed
$1,300,000
642.86%
MLS
9/20/2000
Sold
$175,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1628 S Van Ness
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,667
3%
$517,035
4%
2023
$6,474
5%
$496,960
2%
2022
$6,189
1%
$487,216
2%
2021
$6,098
-1%
$477,663
1%
2020
$6,155
4%
$472,766
2%
2019
$5,924
3%
$463,497
2%
2018
$5,762
2%
$454,410
2%
2017
$5,643
3%
$445,501
2%
2016
$5,488
1%
$436,767
2%
2015
$5,410
-1%
$430,208
2%
2014
$5,441
—
$421,782
—
2013
$5,435
—
$419,877
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1628 S Van Ness
1628 S Van Ness, Los Angeles, CA 90019 (MLS# PW26163177) is a Duplex property with 5 bedrooms and 2 full bathrooms. 1628 S Van Ness is currently listed for $1,300,000 and was received on July 27, 2026. Want to learn more about 1628 S Van Ness? Do you have questions about finding other Duplex real estate for sale in Koreatown? You can browse all Koreatown real estate or contact a Coldwell Banker agent to request more information.

