Property Detail

Description

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.