956 S Van Ness Ave

• Marble Fireplaces: Original marble fireplaces add significant architectural value and charm • High-End Kitchen Appliances: Professional-grade appliances enhance the kitchen's functionality and appeal • Hardwood Flooring with Herringbone Pattern: Intricate hardwood flooring adds elegance and sophistication to the living spaces • Outdoor Deck and Patio: The outdoor deck and patio provide ample space for entertaining and relaxation • Marble Fireplaces • High-End Kitchen Appliances • Hardwood Flooring with Herringbone Pattern • Outdoor Deck and Patio • Bay Windows • Price Position: The property is listed at $871.46 per square foot, which is below the current neighborhood average of $942 per square foot. • Appreciation Trend: The property's price history shows significant fluctuations, with a notable increase from $470,000 in 1996 to $2,674,000 in 2015, but also periods of price reductions. • Negotiation Opportunity: The property has been on the market for 45 days, which is above average for a seller's market where many homes sell quickly. • Investment Opportunity: After $8,000 in renovations, potential $147,000 equity gain (1837.5% ROI) • Rental Income: $11,458/month with 99% occupancy (0.0% cap rate) • Safety: The violent crime rate is slightly higher (8.7%) than the state average but nearly equal to the national average (-0.3%). Property crime is significantly higher than both state (153.3%) and national (203.9%) averages. Robbery, burglary, and motor vehicle theft rates are also substantially elevated compared to state and national figures. • Future Development: No specific planned developments are mentioned that would directly impact the property. • The property benefits from ample natural light, especially in the living and dining areas, thanks to the large windows and bay windows. The kitchen also receives good natural light, creating a bright and inviting space. The outdoor areas are well-lit during the day, enhancing their usability.