1016 S VANCOUVER Avenue, Los Angeles, CA 90022

About this property

8 Spacious Spanish Style Units in Excellent non-rent control East Los Angeles Area. Easy to rent 1 bedroom units with washer & dryer hookups in each unit. Strong current rents in place with opportunity to add value at +/- 28%. Desirable single story construction situated on a double lot of 10,068 SF. Walking distance to shops and restaurants on Whittier Blvd. (1) Manager's unit (1018 1/2) is shown at a market rent of $1,500, however the current rent being paid is $400. The difference of $1,100 per month between the actual rent is calculated as an On-Site Management fee. (2) Current Rent takes in effect as of May 1st, 2018 on Unit 1018 1/4.

Listing description from the August 2018 sale, as reported to CRMLS.

Sale history

$1,810,000

Sold August 2018 · listed $1,995,000, on market March 2018 · MLS #18326734 · Source: CRMLS

Listing Agent: Shant Sherbetdjian · Listing Office: Remax Commercial and Investmen · Contact: 213-817-1000 · Bought with: Shant Sherbetdjian · Remax Commercial and Investmen

$739,000

Sold April 2015 · on market February 2015 · MLS #P0-315001810 · Source: CRMLS

Listing Agent: Bert Eaton · Listing Office: Re/Max Tri-City Realty · Contact: 818-790-9700 · Bought with: Bert Eaton · Re/Max Tri-City Realty

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