714.366.2186
DRE#:01974435
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714.366.2186
DRE#:01974435
inception-app-prod/MmIwNjFjNzYtZGY2MS00MDNiLThhYzktMmU1NzIwZmEzZDE4/content/2021/11/ef3ae94388e2a58f5b3b99e8c8602cfabd0b052b.png
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CA
Los Angeles
Los Angeles
Ela - East Los Angeles
90022
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CA
Los Angeles
Los Angeles
Ela - East Los Angeles
90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
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$1,995,000

1016 S Vancouver, Los Angeles, CA, 90022

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1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
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1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022
1016 S Vancouver, Los Angeles, CA, 90022

Information

Price: $1,995,000
Days On Market: 227
Year Build: 1929
Square Footage: 5,258 Sq ft
Bedrooms: 8

Details

Address: 1016 S Vancouver
County: Los Angeles
City: Los Angeles
Neighborhood: Ela - East Los Angeles
Zip: 90022
State: California

Description

**DO NOT WALK ON THE PROPERTY - PLEASE DO NOT DISTURB TENANTS - CALL AGENT** We are pleased to present 1016 South Vancouver Avenue, an 8 unit apartment building consisting of easy-to-rent spacious 1 Bed + 1 Bath + Den unit mix. This property is situated in an excellent East Los Angeles area with desirable single-story units on a large 10,068 square foot lot zoned LCR4YY. A new investor would appreciate the strong current income yielding a 5.00% cap rate at a 13.27 gross rent multiplier. Total rentable square footage of the building is approximately 5,258 sq.ft. There are 6 garages which may have the possibility of an ADU conversion. Although the tenants enjoy the convenience of being located near many shops and restaurants off of Whittier Boulevard's retail corridor, they are also within a short drive to the 5, 60, and 710 freeways. Property is subject to Unincorporated County of Los Angeles Rent Ordinance (Currently 3%). Please note: Buyer to assume current CHASE Loan (with an approximate balance of $920,000) at a 3.42% interest rate fixed until 10/01/2026. Contact listing agent for more details.

Location

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Print Details
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 1st June, 2023 7:34 AM (UTC)
Listing Agent: Shant Sherbetdjian
Listing Office: Remax Commercial And Investment Realty
Attribution contact: 213-817-1000

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