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$900,000
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Property Description
BACK ON THE MARKET! First time on the market in over 50 years! Exceptional value add investment opportunity just minutes from SoFi Stadium. Sitting on a corner lot currently configured as a 3 unit, this unique property offers the potential to convert back to its original 4 unit layout. The spacious owner's unit features a combined 5 bedroom, 2 bath floor plan (Front Unit 3BD/1BA) and (Rear Unit 2BD/1BA with attached garage). This combined unit will be delivered vacant. The 2 upper 1 bedroom, 1 bath units, will both be delivered tenant occupied, providing immediate rental income. The property includes 4 separate addresses, each with their own entrance, as well as 4 separate gas and electric meters, offering excellent flexibility for future improvements. There is an additional detached garage presenting ADU or garage conversion potential, creating even more income possibilities. Recent upgrades include fresh interior paint, new carpet, and an updated roof. Whether you're looking to own a home with built in rental income, expand your investment portfolio, or unlock the property's full potential through restoration to a 4 unit configuration and possible ADU additions, this is an opportunity you won't want to miss. Properties with this combination of location, flexibility, and upside rarely become available. Don't miss your chance to make this gem your own!
Full Property Details
Full Property Details for 8216 S Van Ness Ave
General
- Sold For: $900,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR26136429
- Added to Site: 65 day(s) ago
Interior
- Rooms/Areas: Laundry, Kitchen, Living Room
- Interior Features: Ceiling Fan(s), Storage
- Fireplace(s): Living Room
- Appliances: Refrigerator, Gas Range, Dishwasher
- Flooring: Tile, Carpet
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Individual Room, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Awning(s), Rain Gutters
Parking
- Garage Spaces: 4
- Parking Features: Garage, Direct Garage Access, Garage (Single Door), Private, Garage Faces Side
- Parking: Garage, Garage (Direct Access), Garage (Single Door), Private, Garage Faces Side
Location
- Area: C36 - Metropolitan Southwest
- County: Los Angeles
- Development Name: C36 - Metropolitan Southwest
- Driving Directions: From the I-110 Manchester Ave exit, drive west on W Manchester Ave for about 2.5 miles, turn left onto S Van Ness Ave, and drive south for about 0.8 miles.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Traditional
- Roof: Shingle
- Doors: Panel Doors
- Entry Location: Main House on 83rd
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,479
- Year Built: 1927
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 5
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: Second Garage Detached
Lot Features
- Property View: None
- Lot Size (Acres): 0.1333
- Lot Size Source: Assessor
- Zoning: RD1.5-1
- Lot Description: Lot Over 40000 Sqft, Corner Lot, Utilities - Overhead, 2-5 Units/Acre, Front Yard, Walking Street, Yard
Financial Considerations
- Price Per Sq. Ft.: $258.7
- Price Per Unit: 299998
Disclosures and Reports
- Exclusions: Tenants Personal Items
Listed and Sold by Keller Williams Realty-Studio City, Tiffany L. Wysinger
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Schools
Schools serving 8216 S Van Ness Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Seventy-Fourth Street Elementary School 2112 West 74th Street, Los Angeles, CA 90047 | K-5 | 0.6 mi |
Horace Mann Ucla Community 7001 South Saint Andrews Place, Los Angeles, CA 90047 | 6-8 | 0.9 mi |
George Washington Preparatory High School 10860 South Denker Avenue, Los Angeles, CA 90047 | 9-12 | 2 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 8216 S Van Ness Ave
Date
Details
Price
Change
Source
8/28/2026
Sold
$900,000
—
MLS
7/08/2026
Listed
$899,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8216 S Van Ness Avenue, Los Angeles, CA 90047 (MLS# SR26136429) is a Multi-Family property that was sold at $900,000 on August 28, 2026. Want to learn more about 8216 S Van Ness Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

