649 S Vancouver Ave, Los Angeles, CA 90022

Property Description

HUGE price reduction. Three-bedroom two bath home on big lot is currently used as a 2 bed 1 bath Home and 1 bed 1 bath Jr ADU with permit for 2nd ADU in the 2 plus car detached garage. Or use as 3-bedroom 2 bath house and complete ADU in garage for additional rental income or family space. Welcome to this well-manicured prime investment opportunity 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 property currently features a charming well maintained 2 bedroom, 1-bath main house, perfect for a family or first-time buyer. The fully permitted Junior ADU offers an additional 1-bedroom, 1-bath 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 permits 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 value after renovation and completion of ADU in garage. Seller believes Rents can be significantly increased to neighborhood averages. Can be provided vacant at closing.