Property Detail

Description

1807 N Van Ness Ave is a compelling investor opportunity situated on a flat 8,252 sq ft LARD1.5-zoned lot with multiple value-add and redevelopment pathways. Set behind mature landscaping, this Craftsman-style property offers 2,910 sq ft of existing improvements featuring 7 bedrooms and 4 bathrooms, providing substantial in-place square footage to renovate, reconfigure, or reposition.The expansive lot includes a garage and separate rec room, presenting additional income potential, flexible-use space, or future conversion possibilities (buyer to verify). Property is tenant occupied and will be delivered vacant, allowing immediate execution of investment strategy.There are proposed RTI plans for a well-configured multifamily asset featuring three buildings totaling 11,493 SF, comprising two duplexes and one single-family residence for a combined five residential units. The proposed project offers a strong unit mix of 15 bedrooms and 15 bathrooms, including four spacious 3-bed/3-bath units and one 3-bed/2.5-bath SFR. The thoughtful layout and modern unit sizes position the asset for consistent cash flow and long-term value appreciation.