947 S Vancouver Avenue, Los Angeles, California 90022, Los Angeles, 90022 - 2 bed, 1 bath
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947 S Vancouver Avenue
Los Angeles, California 90022
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
772Sq Ft
5,243Lot Size
Property Price
LIST PRICE$670,000
EST. MARKET VALUE
$681,671
SUMMARY
This Turnkey Craftsman Residence is a Strong Value Opportunity, listed at $670,000—positioned well below the $681,672 Fair Market Value by 1.7%. This valuation gap offers $11,672 in Instant Equity. Featuring a Modernized Interior with quartz finishes and an Excellent Condition Rating, the home includes city-approved plans for a 368-square-foot addition. Located in the Los Angeles Unified district, this property balances immediate move-in readiness with significant expansion potential. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking long-term value.
Estimated Market Value
$681,671
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 947 S Vancouver Avenue Subject 2 bd · 1 ba · 772 sqft · $883 | $670,000* List Price | 2 | 1 | 772 | $883 | - |
A 1257 S Mcbride Avenue Sold 3 bd · 1 ba · 840 sqft · $820 · 0.6 mi | $689,000 | 3 | 1 | 840 | $820 | 0.6 mi |
B 1230 Fraser Active Under Contract 2 bd · 1 ba · 810 sqft · $846 · 0.3 mi | $684,999 List Price | 2 | 1 | 810 | $846 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1922, the property has undergone a high-end, modern renovation within the last 5 years. The kitchen is in mint condition with quartz waterfall countertops, new cabinetry, and stainless steel appliances. The interior features updated flooring, recessed lighting, and crown molding throughout, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Expansion Potential
The property includes city-approved plans for a 368-square-foot addition to add a third bedroom and en-suite bath, providing immediate value-add potential without the typical permitting wait times.
- Modernized Interior
The home features high-quality contemporary updates, including quartz countertops with a marble finish, stainless-steel appliances, and recessed lighting, offering a move-in-ready aesthetic.
- Craftsman Charm with Open Layout
Built in 1922, this Craftsman-style home successfully blends historic character with a functional, light-filled open floor plan that maximizes the available living space.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At only 772 square feet, the current living area is quite compact, which may be a constraint for buyers seeking more interior space or room for a home office.
- Single Bathroom Configuration
The current 2-bedroom, 1-bathroom layout may limit appeal for families or co-living situations until the proposed master suite addition is constructed.
About 947 S Vancouver Avenue
Welcome to 947 S Vancouver Avenue! This tastefully updated Craftsman-style home offers both an open & functional layout. The kitchen and dining areas are filled with abundant natural light, crown molding, wood like flooring, and recessed lighting. The kitchen features crisp white cabinetry, elegant quartz countertops with a marble-inspired finish, stainless-steel appliances, contemporary pendant lighting, and a convenient breakfast bar ideal for everyday living and entertainment. The residence offers two bedrooms and one bath, additionally, the sellers have approved plans to add a third bedroom, with an en-suite and walk-in closet for a proposed addition of 368 square feet, which is a huge bonus for the new owner, no need to wait for plans!!! Do not miss out on this opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 5,243 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 772 | 1,670.836 |
| Lot Size | 5,243 | 6,152.156 |
| Price | $670.0K | $1.34M |
| Price per sq ft | $868 | $807 |
| Built year | 1922 | 1941 |
| HOA | $0 | $238 |
| Days on market | 24 | 56 |
Pricing History
Listed for Sale
Oct 16, 2026
$670,000
Initial Listing
Sold
Sep 26, 2023
$635,000
Public Record