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52 Beds
26 Baths
16,928 sqft

$4,500,000

Price per sqft$265.83
Built in1950
Property size16,928 sqft
Property typeResidential
Listed by Jerome McAlpin CA DRE# 00939725 with McAlpin & Company 310-437-4172

Overview

Active

Listed Oct 9, 2026

Updated 8 days ago

We are excited to present the Van Ness-Century Complex. Located at 2111-2155 West Century and 9920-24 S Van Ness this residential compound consists of 26 - 2 Bedroom units on almost an acre of land. Units are comprised of 3(2+1) units and a billboard at the Van Ness address. The Century address consists of 23 (2+1) units. The apartments were built in 1950, contain 16,928 square feet and are made of wood-frame stucco construction. They are located on a large corner lot of 39,111 square feet, which is zoned LAC2-1. The scheduled gross income on the property is $480,477 and the estimated Net Operating Income is $310,800. Based on the attractive price of $4,500,000, the GRM is 9.3 and the CAP rate is 6.9. At that price, the Cost Per Unit is $173,077. Market rent would generate an income of $660,000, providing a 10.9% CAP Rate and a GRM of 6.68. So, long term, this investment will provide a tremendous return. With 35% down, the investment would produce a cash-on-cash return of 5.65%, day 1.

$29,939/mo

Est. mortgage payment based on a $4,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26999409

Interior Features

Bedrooms
52
Bathrooms
26
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.9 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Jerome McAlpin CA DRE# 00939725 with McAlpin & Company 310-437-4172

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/5/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/5/2026 at 12:19 AM UTC Last Checked: 12:19 AM UTC

 

 

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