965 Vancouver Avenue, Los Angeles
Los Angeles Home For Sale
We are pleased to present 959 & 965 S Vancouver Ave, a turn-key investment opportunity nestled in the heart of East Los Angeles. This asset boasts the epitome of modern living with units that have been fully renovated to exquisite standards and leased at market rents. Comprising seven (7) bungalow-style one-bedroom units, this property spans across two parcels totaling an expansive lot of 11,410 sq/ft, providing ample space and privacy for residents. The property also includes seven garages, presenting significant upside potential for conversion into additional dwelling units (ADUs). Whether utilized for parking or storage, these garages offer versatility and income-generating opportunities. Meticulously transformed by the current owners, no expense has been spared in enhancing this asset. From a revamped exterior and lavish interior renovations adorned with high-end finishes to extensive landscaping work and structural improvements, every aspect of the property exudes sophistication and quality. All residential structures have had brand new roofs and upgraded foundations. Conveniently located just a block away from Whittier Blvd, a bustling thoroughfare connecting East Los Angeles, Montebello, and Whittier, this property offers exceptional accessibility. Residents enjoy seamless access to the 5/60/710 freeways and the Metro Gold Line's Atlantic Station, facilitating effortless commuting options. Additionally, the property's proximity to the renowned Citadel Outlets further enhances its desirability among tenants and investors alike. This property offers an investor the rare chance to acquire a stable asset that generates exceptional cash flow from day one. With its fully leased units and potential for additional income streams through ADUs, this investment promises sustained profitability. Moreover, the expansive land presents opportunities for future development, further enhancing the property's value proposition.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90022
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- MLS® #:
- 24399357
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- Bedrooms:
- 7
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- Bathrooms:
- 7
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- Square Ft:
- 3,780
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- Lot Size:
- 0.26
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- Levels:
- One
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- Garages:
- 7
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of July 15th, 2024 at 6:55am PDT. 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, 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.