$950,000
6428 S Van Ness, Los Angeles CA 90047
Multi-Family (Fourplex)
Property type
34 days
On market
$387
Price per sqft
3 cars
Garage
1931
Year built
4,504 sqft
Lot size
Open Houses
Overview
Great opportunity for a first-time buyer or investor to own a well-maintained quadruplex in the heart of Los Angeles. The property features four spacious 1-bedroom, 1-bath units with similar floor plans and recent upgrades, ready for immediate cash flow. All units are separately metered, and tenants pay for utilities (except water), helping keep expenses low. One unit will...
Listing provided by: Aracely Bautista DRE #02157780 310-713-4916, Keller Williams Realty, Aaron Haith II DRE #01930102 310-902-2617, KORB Capital, Inc.
Listing updated: May 11, 2026 at 12:10am.
Last checked: Jun 4, 2026 at 09:00am
Source: CRMLS #SB26094045
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,900 | $1,900 | $1,900 | — |
| 1 | 1 | 1 | — | $1,900 | $1,900 | $1,900 | — |
| 1 | 1 | 1 | — | $1,000 | $1,000 | $1,950 | — |
| 1 | 1 | 1 | — | $0 | $0 | $1,950 | — |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.8x
List Price / Annual Gross Rent
Cap Rate
7.86%
NOI / List Price
Gross Scheduled Income: $80,400
Operating Expense: $5,700
Net Operating Income: $74,700
Annual Operating Expenses
Insurance: $6,000
Trash: $0
Water / Sewer: $5,700
Interior
Laundry: None
Entry Location: 6428
Exterior
Property Attached: No
Stories Total: 1
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6016001009
Additional Parcels: No
Tax Lot: 12
Tax Block: 9
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 6428 S Van Ness, Los Angeles, CA 90047. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$760,000
Total Interest
$969,338
Total Payment
$1,729,338
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,943
per month
Property History for 6428 S Van Ness
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90047.
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