Duplex with Permitted Junior
For Sale
$837,000
649 S Vancouver Avenue, Los Angeles, CA 90022
Los Angeles, CA
Property Size1,646 SF
Lot Size0.11 Acres
Price / SF$508.51
Days on Market67
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
Bedroom 1, Kitchen, Laundry Room, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3
Parking
6
Parking features
Driveway, Garage, Gated
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
Wood, Tile
Building materials
Frame, Stucco
Roof type
Asphalt, Shingle
Additional Structures
Guest House
Listing Agency:
Realty Network
(949) 581-6885
Listed By:
Valerie Vihlen Schluter · License #00753164
(949) 534-5333
Added: Aug 31
Changed: Nov 3
Last Checked: Nov 5 at 6:06AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1,646-square-foot property includes a three-bedroom, two-bathroom home currently arranged as a two-bedroom, one-bathroom residence and a separate one-bedroom, one-bathroom junior ADU with a kitchen. The 0.1095-acre lot also has a detached garage of more than two-car capacity, with permits and plans for a 400-square-foot ADU. Built in 1927, the property has central heating and air conditioning, gated driveway parking, and a patio.
The property is in Los Angeles, near Garfield High School, with schools, shops, restaurants, and freeways described as accessible. Public water and sewer serve the site.
The property is in Los Angeles, near Garfield High School, with schools, shops, restaurants, and freeways described as accessible. Public water and sewer serve the site.
Key Highlights
- Existing layout includes a 2‑bedroom, 1‑bathroom home and a 1‑bedroom, 1‑bathroom junior ADU with kitchen
- Permits and plans for a 400‑square‑foot ADU in the detached garage
- 1,646 square feet of building area on a 0.1095‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,746
Cap Rate
4.51%
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
NOI $37,746 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$491.6K
$430.2K – $573.5K
NOI $34,412 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$670.6K
$586.8K – $782.4K
NOI $46,945 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,265
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - A detached garage has approved plans for an additional ADU, expanding the property's potential residential configuration.
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 $837,000.
What are key features of this property?
This property features: Existing layout includes a 2‑bedroom, 1‑bathroom home and a 1‑bedroom, 1‑bathroom junior ADU with kitchen; Permits and plans for a 400‑square‑foot ADU in the detached garage; 1,646 square feet of building area on a 0.1095‑acre lot
