Stay tuned for more...
USDAProperties.com is running a little warm 🔥...

 

 

 

$669,000   Price Analysis
Agent Details  share icon   ♡  map icon  QR
946 S Vancouver Ave
Los Angeles, CA 90022
4 bed 2 bath 880 SqFt ($760/SqFt)
5,076SqFt lot. Built 1923
Listed 2024-03-21, Taxes $6,663		Ⓧ USDA Ineligible
due to location
near Los Angeles

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 cde 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 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.


Presented by Danny Flores at
DANIEL FLORES, BROKER.


Property MLS #MB24056083 from CRMLS

Bedrooms: 4

Ceramic Counters
Formica Counters
Flooring: Laminate, Vinyl
Window Features: Blinds

Appliances: Gas Range, Water Heater
Appliances YN: Yes
Laundry Features: Washer Hookup

All Bedrooms Down, Kitchen, Living Room

Full Bathrooms: 2

Heating Features: Wall Furnace
Heating: Yes

Fencing: Fence YN: Yes, Fencing: Chain Link, Wood
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Level with Street
Lot Size Acres: 0.1165289
Lot Size Source: Assessor
Lot Size Square Feet: 5076

Parking Features: Parking YN: Yes, Parking Features: Driveway
Parking Total: 3

View: Neighborhood

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 2
Tenant Pays: Electricity, Gas
Vacancy Allowance: 1952

Community Features: Curbs, Sidewalks, Street Lights

Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.46
Source Property Type: Residential Income
Insurance Expense: 1487.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
New Taxes Expense: 8567.00
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 5245002017
Postal Code Plus 4: 3915
Trash Expense: 1080.00
Zoning: LCR4YY
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$152,572 + $362,081
$514,653		$6,663
2021$149,581 + $354,982
$504,563		$6,590
2020$148,048 + $351,343
$499,391		$6,641
2019$145,146 + $344,454
$489,600		$6,386
2018$11,608 + $22,809
$34,417		$1,040
2017$11,381 + $22,362
$33,743		$1,021
2016$11,158 + $21,924
$33,082		$993
2015$10,991 + $21,595
$32,586		$981
2014$10,776 + $21,172
$31,948		$986
2013$10,728 + $21,077
$31,805		$975
2012$10,518 + $20,664
$31,182		$973
2010$10,312 + $20,259
$30,571		$948
2009$10,260 + $20,156
$30,416		$834
2009$10,235 + $20,108
$30,343		$834
2008$10,059 + $19,761
$29,820		$802
2007$9,862 + $19,374
$29,236		$769

Price Changed 2024-05-09
$669,000
CRMLS
Price Changed 2024-04-29
$678,000
CRMLS
Price Changed 2024-04-16
$688,000
CRMLS
Price Changed 2024-04-02
$698,000
CRMLS
Listed 2024-03-21
$745,000
CRMLS
Listing removed 2019-01-04
$494,666
CRISNET
Listing removed 2018-11-29
$0
CRISNET
Relisted 2018-11-27
$494,666
CRISNET
Listing removed 2018-11-26
$494,666
CRISNET
Price Changed 2018-11-09
$494,666
CRISNET
Price Changed 2018-10-09
$499,666
CRISNET
Listed 2018-09-29
$520,000
CRISNET
Sold 2018-06-21
$480,000
CRMLS
Listed 2018-04-27
$495,000
CRMLS

Net Operating Income: 25929.00

Total Square Feet Living: 880
Year Built: 1923
Building Features: 2
Common Walls: No Common Walls
Construction Materials: Stucco
Entry Level: 1
Entry Location: Front
Foundation Details: Raised
Property Age: 101
Roof: Common Roof
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
House Style: Cottage
Year Built Source: Public Records

Electric: Standard
Electric Expense: 2111.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1317.00
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Water Source: Public

Fourth Street Primary Center is a public elementary school located approximately 0.6 miles away.
directions icon Map directions

David Wark Griffith Middle School is a public middle school located approximately 0.8 miles away.
directions icon Map directions

Hilda L. Solis Learning Academy School Of Technology, Business And Education is a public high school located approximately 1.5 miles away.
directions icon Map directions

St Alphonsus Elementary is a private elementary and middle school located approximately 0.5 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
house_viewporchlaundry_roomunknownliving_room
bedroomkitchenbedroomunknownporch
yardyardbathroomkitchenunknown
unknownkitchenhouse_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.