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965 South Vancouver Avenue

East Los Angeles CA 90022

7
7
7
3780 sq. ft.
11410 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

7 bedrooms
7 bathrooms
7 carspaces
7 garage spaces
3780 sq. ft. floor area
11410 sq. ft. lot size
Other

Happy sellers in East Los Angeles

90%
90% of sellers in East Los Angeles reported that their sale price either exceeded or met their price expectations.

East Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in East Los Angeles over the last 12 months.

Local market activity for 7 bedroom other properties in East Los Angeles

In the last 12 months, 1 seven-bedroom other similar to 965 South Vancouver Avenue, have been sold.

This represents a 50% increase in seven-bedroom other properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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