649 S Vancouver AVE, Los Angeles, CA 90022
649 S Vancouver AVE, Los Angeles, CA 90022
649 S Vancouver AVE, Los Angeles, CA 90022
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$837,000
Est. payment /mo
3 Beds
2 Baths
1,646 SqFt
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,646 sqft

Price per Sqft $508

MLS Listing ID OC26191076

Bedrooms 3

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1927

Lot Size 4,769 Sqft

Property Sub-Type Triplex

Property Description

ANOTHER PRICE DROP. Need a 1031 Exchange Property? Three-bedroom two bath home on large lot is currently used as a 2 bed 1 bath Home AND 1 bed 1 bath and kitchen Jr ADU with previously permited for 2nd ADU in the detached 2 plus car garage. Or use as 3-bedroom 2 bath house and complete ADU in garage for additional rental income or bring your family space. Excellent After Renovation Value here. Welcome to this prime investment opportunity location in the heart of East LA, just steps away from the iconic Garfield High School. Great street appeal on one of the nicest neighborhoods available. This is perfect a first-time buyer looking for a place for additional income to help offset the payment. The fully permitted Junior ADU offers an additional 1-bedroom, 1-bath and kitchen living space, ideal for rental income or multigenerational living, bring mom and dad or adult children. Additionally, there's a 400 square foot ADU ready to be built in the detached 2 plus garage with previously permited and plans providing even more potential for future expansion for more family members or additional rental income. Tastefully fenced and gated for privacy and security. Great rental location for students or nearby businesses. Nestled in a highly sought-after neighborhood with easy access to schools, shops, and restaurants and freeways, this property offers endless possibilities and charm. Don't miss your chance to own a versatile home with built-in investment potential in a prime location! Lots of After Renovation Value with completion of ADU in garage. Seller believes Rents can be significantly increased to neighborhood averages. Can be provided vacant at closing. Bring us an offer.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Rooms

Other Rooms Guest House, Guest HouseAttached

Main Level Bedrooms 3

Interior

Interior Features Breakfast Bar, Eat-in Kitchen, Recessed Lighting, Tile Counters, Unfurnished, All Bedrooms Down, Bedroom on Main Level

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range, Disposal, Gas Range, Water Heater

Laundry Inside, In Kitchen

Exterior

Parking Features Concrete, Driveway Level, Driveway, Garage, Gated, Paved, Public, On Street

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Masonry, Privacy, Stucco Wall, Wrought Iron

Pool None

Community Features Biking, Golf, Hiking, Park, Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights

Roof Type Asphalt,Shingle

Porch Concrete, Patio

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre, Front Yard, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level, Walkstreet, Yard

Dwelling Type Triplex

Faces West

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Guest House, Guest HouseAttached

New Construction No

Construction Status Updated/Remodeled

Schools

High Schools Garfield

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5240013028

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae

Special Listing Condition Standard

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Valerie Vihlen Schluter Realty Network #00753164

Nearby Locations

Get more details on this property

Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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649 S Vancouver AVE

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