2955 Van Buren Place is a 4 unit apartment building featuring old-world character and four oversized one bedroom/one bathroom units, each with its own bonus room. The building has had numerous recent upgrades including new drains, repaired roof fascia, a reinforced back staircase, and an updated electrical panel. There is ample tenant parking, individual water heaters, and in-unit laundry machines for tenant convenience. Investors with a vision can capitalize on substantial unrealized rental upside either through attaining market rents with or without conversion, and via new construction. The 9,997 square foot corner lot, R3 zoning, and Tier 3 designation provide appeal for future development. Superbly located in Exposition Park less than a mile from the University of Southern California campus and within the school’s patrol zone, 2955 Van Buren Place provides residents with many of the great things LA has to offer right outside their front door. The property features a strong 79 walk score and is central to major employment, freeways, and points of interest alike. Tenants have numerous nearby attractions to choose from, including the Exposition Park stadium and museum complex, Downtown LA, and West Adams. Public transit is also easily accessible at the Expo/Vermont Metro station 0.9 miles away.
Property Details
Price:
$1,499,000
MLS #:
25530389
Status:
Active
Baths:
0
Address:
2955 Van Buren Place
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Apr 26, 2025
State:
CA
ZIP:
90007
Lot Size:
10,000 sqft / 0.23 acres (approx)
Year Built:
1913
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Schools
Interior
Appliances
Dishwasher, Microwave, Refrigerator
Cooling
None
Flooring
Carpet, Laminate, Tile
Heating
Gravity
Interior Features
Ceiling Fan(s)
Exterior
Exterior Features
Rain Gutters
Foundation Details
Raised
Parking Features
Side by Side, Tandem Garage, Uncovered
Parking Spots
8.00
Pool Features
None
Roof
Composition, Shingle
Security Features
Gated Community, Smoke Detector(s), Window Bars, Carbon Monoxide Detector(s)
Sewer
Other
Spa Features
None
Stories Total
2
View
City Lights
Financial
Map
Community
- Address2955 Van Buren Place Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
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2955 Van Buren Place
Los Angeles, CA
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