946 South Vancouver Avenue

Los Angeles, CA 90022

$678,000
Price
4
Beds
2
Baths
880 Sq. Ft.
$770 / Sq. Ft.
880
Sq. Ft.
$770
per Sq. Ft.

Description

We have a 3 bedroom 1 bath house in the front. We have a non conforming 1 bedroom 1 bath unit in the back (ADU). There is also a one room in the back, storage room that may also be non-conforming. The front house is currently rented. The back unit (ADU) will be delivered vacant. With all the new code changes in California for ADU's, this may present the perfect opportunity to get the back unit legalized. We have not investigated with the city so seller does not know what it would take. Long term...We have a 3 bedroom 1 bath house in the front. We have a non conforming 1 bedroom 1 bath unit in the back (ADU). There is also a one room in the back, storage room that may also be non-conforming. The front house is currently rented. The back unit (ADU) will be delivered vacant. With all the new code changes in California for ADU's, this may present the perfect opportunity to get the back unit legalized. We have not investigated with the city so seller does not know what it would take. Long term tenants in place in front house. The square footage is only for the front house. It does not include the square footage for the back ADU or the storage. The ADU and strorage are not attached to the house. The roof on this property is about four years old. The back ADU will be delivered vacant. Tenant has given notice to move out at the end of the month. It will be cleaned up in move-in condition.
  1. Listed by DANIEL FLORES • DRE #01779773 • Brokerage DRE #01779773 • DANIEL FLORES, BROKER

Property Details for 946 South Vancouver Avenue

Architectural Style
Cottage
View
Neighborhood
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of DANIEL FLORES, BROKER, DANIEL FLORES, DRE #01779773
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LISTING UPDATED: 04/28/2024 11:29 PM

Property Details for 946 South Vancouver Avenue

StatusActive
MLS #MB24056083
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.12 AC / 5,076 SF
CountyLos Angeles County

Location

Listing Courtesy of DANIEL FLORES, BROKER, DANIEL FLORES, DRE #01779773
Add your commute

Building Information for 946 South Vancouver Avenue

Stories1Residences-Year Built1923Building Size-Lot Size0.12 AC / 5,076 SF

Payment Calculator

$4,283 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,700

Property Taxes

$583

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 946 South Vancouver Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $3,136
  • Gross Scheduled Income: $39,048
  • Vacancy Allowance: 1952
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $40,231
  • Net Operating Income: $25,929
  • Other Income Description: Utilities billed back.
  • Other Income 1: $2,098
  • Other Income 2: $1,038
  • Gross Multiplier: 19.08
  • Cap Rate: 3.46
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $14,302
  • New Taxes Expense: $8,567
  • Fuel Expense: $1,134
  • Electric Expense: $2,111
  • Insurance Expense: $1,487
  • Trash Expense: $1,080
  • Water Sewer Expense: $1,317
  • Total Expenses: $14,302
Tax / Assessment Info
  • Tax Area: 996
  • Tax Tract: 996
  • Tax Tract Number: 5291
  • Tax Census Tract: 5317.02
  • CFD/Mello-Roos Fee: $759
  • Tax Lot: 112
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Water Heater
  • Equipment: Washer Hookup
  • Interior Features: Ceramic Counters, Formica Counters
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate, Vinyl
Exterior Features
  • Window Features: Blinds
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Common Roof
  • Entry Location: Front
  • Fence: Yes
  • Fence: Chain Link, Wood
  • Fencing: Chain Link, Wood
  • Foundation Details: Raised
  • Other Structures: Accessory Dwelling Unit
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Level with Street
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,987
  • Unit Type Total Rent: $1,987
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,267
  • Unit Type Total Rent: $1,267
  • Unit Type Pro Forma: 1350
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 2
  • Number With Refrigerator: 0
  • Number With Disposal: 0

Property History for 946 South Vancouver Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 946 South Vancouver Avenue

Taxable ValueLand$369,322Additions$155,623Total$524,945
Tax Record2023$6,995 ($583 / month)
Home Facts
Beds3Total Finished SqFt880 SqFtAbove Grade Finished SqFt880 SqFtStories1Lot Size5,076 SqFtStyleSingle Family ResidenceYear Built1923ZoningLCR4YYCountyLOS ANGELESAPN5245-002-017

Schools near 946 South Vancouver Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - 2 to 5
Charter - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fourth Street Elementary School
Public2 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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946 South Vancouver Avenue is a multi-family home for sale in Los Angeles, CA 90022. This property was listed for sale on March 19, 2024 by DANIEL FLORES, BROKER, it's currently listed at $678,000. It has been on the market for a total of 46 days and was last sold on May 18, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Fourth Street Elementary School, KIPP Los Angeles College Preparatory School and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 946 South Vancouver Avenue is a 4-bed, 2-bath, 880 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DANIEL FLORES, BROKER, DANIEL FLORES, DRE #01779773

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.