946 S Vancouver Avenue
East Los Angeles, CA, 90022
$675,000
MLS: SR26037012
Beds
3
Baths
1
Sq Ft
880
Lot
0.12 ac
Year Built
1923
MLS #
SR26037012
Days on Market
45
Listed
Feb 24, 2026
Description
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.
Location
East Los Angeles, Los Angeles County, CA 90022
Open on Google Maps ↗Listed by: Snait Kfir · Berkshire Hathaway HomeServices California Properties
Payment estimate
$4,989
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $67,500 · Loan: $607,500
- Principal & Interest
- $3,733
- Property tax (1.25%)
- $703
- Homeowners insurance
- $300
- Mortgage insurance
- $253
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this East Los Angeles home with as little as 3.5% down using an FHA loan — roughly $23,625 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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