$ 675,000
-
$675,000
Price -
3
Bed -
1
Bath -
880
SqFt
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About the Listing F5834007 - F210093004,p22207
An outstanding opportunity to own an income-producing property with future development potential in the heart of Los Angeles. 946 S Vancouver Ave features a 3-bedroom, 1-bathroom front home, currently tenant-occupied with long-term tenants who have been paying consistently and reliably. The property is being sold with the front tenants in place, providing immediate rental income from day one. In the rear, you’ll find a 1-bedroom, 1-bathroom ADU, currently vacant — offering the exciting possibility for an owner to move in while collecting rent from the front home. There is also a bonus storage room, providing additional flexibility and utility. With recent California ADU code updates, this property may present an excellent opportunity to explore further enhancements or potential legalization improvements for the rear structure — buyer to independently verify with the City of Los Angeles. Seller has not conducted investigations regarding city requirements. The true beauty of this property lies in its zoning, which allows for multiple units (buyer to verify with the city). What a dream to own a property that generates rental income now and offers the potential to expand and build additional units in the future.
Listing Highlights
Status
Active
Days on Site
37
Property Type
Residential
MLS ®
SR26037012
Year Built
1923
Total Square Footage
880
Lot/Acreage
0.12
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances: Electric Range, Gas Range
- Air Cond: Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor: Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Granite Counters,All Bedrooms Down,Bedroom on Main Level
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Composition
- Others: Repairs Cosmetic,Drywall,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5245002017
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
946 S Vancouver Ave East Los Angeles, CA 90022
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