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946 S Vancouver Ave, Los Angeles, CA 90022
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946 S Vancouver Ave Los Angeles, CA 90022

$678,000
  • 4 Beds
  • 2 Baths
  • 880 Sq.Ft.
For Sale
$678,000 Get Pre-Qualified
Map preview of 946 S Vancouver Ave, Los Angeles, CA 90022

Property Overview: 946 S Vancouver Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 880 living square feet and 5,076 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by DANIEL FLORES | BRE #01779773 | DANIEL FLORES, BROKER
Last checked: 3 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 44
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Home details

Lot Sq. Ft
5,076
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Duplex
Status
Active
MLS#
MB24056083
City
Los Angeles
County
Los Angeles
Time on Site
44 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,987
  • Total Rent: $1,987
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,267
  • Total Rent: $1,267
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.46%
  • Gross Rent Multiplier: 19.08
  • Gross Scheduled Income: $39,048
  • Net Operating Income: $25,929
  • Gross Operating Income: $40,231
  • Vacancy Allowance: $1,952
  • Other Income 1: $2,098
  • Other Income 2: $1,038
  • Other Income Description: Utilities billed back.
Annual Expense Breakdown
  • Total Operating Expense: $14,302
  • Electric: $2,111
  • Gas/Fuel: $1,134
  • New Taxes: $8,567
  • Trash: $1,080
  • Insurance: $1,487
  • Water/Sewer: $1,317

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Property Details for 946 S Vancouver Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Vinyl
  • All Bedrooms Down, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Range, Water Heater
Interior Features
  • Ceramic Counters, Formica Counters
  • Levels: One
  • Window Features: Blinds
Exterior Features
Exterior Information
  • Roof: Common Roof
  • Has Fence
  • Chain Link, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5245002017
  • Year Built Source: Public Records
  • Architectural Style: Cottage
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Crosses with Whittier Blvd.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 946 S Vancouver Ave

Last sold for $480,000 on June 21st, 2018

  • March, 2024

  • Mar 20, 2024

    Date

    Active

    CRMLS: MB24056083

    $745,000

    Price

  • June, 2018

  • Jun 25, 2018

    Date

    Sold

    CRMLS: MB18099793

    $480,000

    Price

  • May 16, 2018

    Date

    Active Under Contract

    CRMLS: MB18099793

    $495,000

    Price

  • Apr 30, 2018

    Date

    Active

    CRMLS: MB18099793

    $495,000

    Price

  • Listing provided courtesy of CRMLS

    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, storage room that may also be non-conforming. Both the front house and back unit are currently rented. 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. The square footage is only for the front house. It does not include the square footage for the back unit or the storage room.

  • June, 2018

  • Jun 21, 2018

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

  • May, 2009

  • May 12, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 946 S Vancouver Ave

Assessed Value (2020): $499,391
Year Land Value Improved Value Assessed Value
2020 $351,343 $148,048 $499,391

Home Value Compared to the Market

This property vs the competition

946 S Vancouver Ave is listed 44.65% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $770.45 per/sqft which puts the price per square foot 0.46% lower than the median price per square foot for the city of Los Angeles.

About 946 S Vancouver Ave

Detailed summary of property

946 S Vancouver Ave is a duplex located in Los Angeles, CA 90022 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 880 living square feet, and sits on an approximately 5,076 square foot lot. 946 S Vancouver Ave was first listed on ArdentRealEstateGroup.com on March 21, 2024. The homeowner is currently asking $678,000 and was originally asking $745,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 44.65% lower than the median priced home. Local competing homes currently for sale include 3132 Fairmount St, 3045 E 5th St and 509 Camulos St. While the average home in Los Angeles, CA is selling in 96 days, 946 S Vancouver Ave has a days on market of 44 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 946 S Vancouver Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 946 S Vancouver Ave

Public county record property details
Beds
3
Baths
1
Year built
1923
Sq. Ft.
880
Lot Size
5,076
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
112
APN
5245-002-017

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,800
Median List Price/Sq.Ft.
$634
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
18
Median Sale to List Price %
101%
Avg Days on Market
17
Loan Type
Conventional (25%), FHA (25%), VA (0%), Cash (25%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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