3887 S Van Ness Avenue
Los Angeles, CA, 90062
$1,277,777
MLS: SR25172940
Beds
5
Baths
2
Sq Ft
3,254
Lot
0.12 ac
Year Built
1965
MLS #
SR25172940
Days on Market
209
Listed
Aug 1, 2025
Description
Prime Investment Opportunity Near USC! Welcome to 3887-3889 S. Van Ness Avenue – a well-maintained duplex located just minutes from USC, Exposition Park, Banc of California Stadium, and Downtown LA. Each spacious unit features 3 bedrooms and 2 bathrooms, offering generous living space ideal for long-term tenants or owner-occupants. The property is configured with one unit over the other, both with their own private 1-car garages and separate utility meters (gas and electricity). Seller pays water only; tenants are responsible for their own utilities. This duplex is subject to LA City rent control (RSO) and is being sold AS IS, with tenants in place. Perfect for the savvy investor looking for consistent rental income in a growing neighborhood or a future owner-user planning to occupy one unit and rent out the other. Additional Highlights: Each unit: 3 Beds / 2 Baths Separate meters for each unit Subject to interior inspection Near major transit, development, and university corridor Upside potential in an appreciating area Whether you’re adding to your rental portfolio or planning for future redevelopment, the possibilities here are endless. Do not disturb tenants. Drive by only.
Location
Los Angeles, Los Angeles County, CA 90062
Open on Google Maps ↗Listed by: Elgin Walker · eXp Realty of California Inc
Payment estimate
$9,176
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $127,778 · Loan: $1,149,999
- Principal & Interest
- $7,066
- Property tax (1.25%)
- $1,331
- Homeowners insurance
- $300
- Mortgage insurance
- $479
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $44,722 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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