350 S Vancouver Avenue, Los Angeles, CA 90022

About this property

We are pleased to present for sale, for the first time in 45 years, 3 single story units in Unincorporated East Los Angeles. The property boasts an excellent unit mix of spacious 2 bedroom and 1 bathroom units. This triplex is located in a desirable East Los Angeles neighborhood with the nearest major cross streets of Atlantic Blvd and Beverly Blvd. This is a great value add deal as there is a substantial amount of rental upside. All units are separately metered for gas and electricity, and there are separate water heaters for each unit leaving the landlord with minimal operating expenses. The two structures consist of a Single Family Dwelling (approx. 845 sqft) and a Duplex (approx. 1,510 sqft). Plenty of opportunity here as this property qualifies for residential financing. Tenants enjoy the ease and comfort of being close to Belvedere Community Park, Atlantic Metro Station, Shopping off E Beverly Blvd and bearing a short commute to the 710, 60 and 5 freeways. All units are tenant occupied.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$750,000

Sold March 2023 · on market February 2023 · MLS #23235837 · Source: CRMLS

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

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