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1016 S VANCOUVER Avenue

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1016 S VANCOUVER Avenue | Los Angeles, CA

$1,995,000

5,258 SQ.FT.

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 Provided by Shant Sherbetdjian, Remax Commercial and Investmen

Based on information from California Regional Multiple Listing Service, Inc. as of April 20, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.