946 S Vancouver Avenue, Los Angeles, California 90022, Los Angeles, 90022 - 3 bed, 1 bath

946 S Vancouver Avenue
Los Angeles, California 90022
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 946 S Vancouver Avenue Subject | $685,000* List Price | 3 | 1 | 880 | $740 | - |
A 573 Belden Avenue Sold | $640,000 | 2 | 2 | 884 | $724 | 0.6 mi |
B 1357 Amalia Avenue Sold | $640,000 | 2 | 1 | 971 | $659 | 0.5 mi |
C 1127 S Mcdonnell Avenue Sold | $610,000 | 2 | 1 | 800 | $763 | 0.5 mi |
D 1343 S La Verne Avenue Sold | $560,000 | 2 | 1 | 840 | $667 | 0.5 mi |
E 947 S Arizona Avenue Active | $585,000 List Price | 3 | 1 | 930 | $629 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1923, the property is functional and currently income-producing but shows significant signs of age. The kitchen and bathrooms feature dated cabinetry, older appliances, and basic fixtures. While the flooring has been updated to laminate/vinyl, the overall aesthetic and systems are outdated, and the listing suggests a need for modernization and potential legalization of the rear ADU structure.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property features a tenant-occupied front home with reliable, long-term residents, ensuring immediate cash flow for investors from the date of purchase.
- Development Potential
Zoned for multiple units on a 5,076 sqft lot, the property offers significant upside for expansion or the construction of additional units to maximize density and value.
- Owner-User Flexibility
With a vacant 1-bedroom ADU in the rear, the property is ideal for an owner-occupant looking to live on-site while the front unit's rent helps offset mortgage costs.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance Risk
Built in 1923, this century-old property may require substantial capital expenditures for structural repairs or system upgrades to meet modern building standards.
- Compliance Uncertainty
The legality and permitting of the rear ADU have not been verified by the seller, placing the burden and potential cost of legalization or city compliance on the buyer.
About 946 S Vancouver Avenue
An outstanding opportunity to own an income-producing property with future development potential in the heart of Los Angeles. 946 S Vancouver Ave features a 3-bedroom, 1-bathroom front home, currently tenant-occupied with long-term tenants who have been paying consistently and reliably. The property is being sold with the front tenants in place, providing immediate rental income from day one. In the rear, you’ll find a 1-bedroom, 1-bathroom ADU, currently vacant — offering the exciting possibility for an owner to move in while collecting rent from the front home. There is also a bonus storage room, providing additional flexibility and utility. With recent California ADU code updates, this property may present an excellent opportunity to explore further enhancements or potential legalization improvements for the rear structure — buyer to independently verify with the City of Los Angeles. Seller has not conducted investigations regarding city requirements. The true beauty of this property lies in its zoning, which allows for multiple units (buyer to verify with the city). What a dream to own a property that generates rental income now and offers the potential to expand and build additional units in the future.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 5,076 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 56% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 880 | 917 | 40% |
| Lot Size | 5,076 | 5,088 | 48% |
| Price | $685.0K | $645.0K | 72% |
| Price per sq ft | $778 | $633 | 80% |
| Built year | 1923 | 1924 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 151 | 8% |
Pricing History
Listed for Sale
Feb 24, 2026
$685,000
Initial Listing
Sold
Jun 21, 2018
$480,000
Public Record











