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Duplex with Detached Garage
For Sale
$857,000

649 S Vancouver Avenue, Los Angeles, CA 90022

Los Angeles, CA

Property Size1,646 SF
Lot Size0.11 Acres
Price / SF$520.66
Days on Market49

Property Features for 649 S Vancouver Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 2, Kitchen, Bedroom 3, Laundry Room, Bathroom 1, Bedroom 1
Parking 6
Parking features Driveway, Gated, Garage
Patio and Porch features Patio
Interior features Unfurnished, Recessed Lighting, Tile Counters
Fencing Privacy
Appliances Water Heater, Disposal, Free-Standing Range, Gas Range
Lot features Level with Street, Landscaped, Rectangular Lot, Level, Near Public Transit, 2-5 Units/ Acre, Front Yard, Walkstreet, Lawn, Yard
View City
High school Garfield
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions North on 5 fwy, exit Atlantic, Go North on Atlantic, Make left on Hubbard, make right on Vancouver
Subdivision 699 - Not Defined
Standard status Active
APN 5240013028
Size 1,646 SF
Lot size 0.11 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1927
Floors in Building 1
Number of units 2
Flooring type Tile, Wood
Building materials Frame, Stucco
Roof type Asphalt, Shingle
Additional Structures Guest House
Listing Agency: Realty Network
Listed By: Valerie Vihlen Schluter · License #00753164
Added: Aug 31 Changed: Oct 17 Last Checked: Oct 18 at 10:06PM
MLS# OC26191076

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,646-square-foot duplex on a 0.1095-acre lot includes a two-bedroom, one-bath home and a permitted junior ADU with one bedroom, one bath, and a kitchen. The detached garage accommodates more than two cars, and plans and permits are in place for a 400-square-foot ADU there. The property was built in 1927 and has gated driveway parking, a patio, and privacy fencing.

Garfield High School is steps away. The property is in East Los Angeles, with schools, shops, restaurants, and freeways described as accessible nearby.

Key Highlights

  • 1,646‑square‑foot property on a 0.1095‑acre lot
  • Main home has 2 bedrooms and 1 bathroom
  • Permitted junior ADU includes 1 bedroom, 1 bathroom, and a kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,746
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,920 $754.9K
Cap Rate 7%
$539,229 $539.2K
Cap Rate 9%
$419,400 $419.4K
Market Conditions
NOI Build-Up for 1,646 SF
Gross rent
$55.3K $33.60/SF
− Vacancy
−$1.4K −$0.84/SF
EGI
$53.9K $32.76/SF
− OpEx
−$16.2K −$9.83/SF
NOI
$37.7K $22.93/SF
Area
ZIP 90022
Vacancy
2.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,920
Cap Rate 7%
$539,229
Cap Rate 9%
$419,400

Alternative Uses

Best Use
Multifamily LT 5
$539.2K
$471.8K – $629.1K (±1% cap)
NOI $37,746 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$491.6K
$430.2K – $573.5K (±1% cap)
NOI $34,412 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$670.6K
$586.8K – $782.4K (±1% cap)
NOI $46,945 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Nursing Home Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,265
Businesses Nearby

Demographics for 90022, CA

64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A permitted junior ADU provides a separate one-bedroom living space with a kitchen.
Where is this duplex located?
The property is located at 649 S Vancouver Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $857,000.
What are key features of this property?
This property features: 1,646‑square‑foot property on a 0.1095‑acre lot; Main home has 2 bedrooms and 1 bathroom; Permitted junior ADU includes 1 bedroom, 1 bathroom, and a kitchen
More about this property
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