We are pleased to present an excellent investment opportunity of 8 spacious units at 1016-1018 S Vancouver Ave, a desirable single-story construction with 1 Bed + 1 Bath (+ Den) in all units. This easy-to-rent unit mix is located in East Los Angeles. No more 'rent freeze', because these are situated in the Unincorporated Los Angeles County where rents CAN be increased (3% Annually). **Calling All Experienced Developers**: this property is situated on a large 10,068 square foot lot zoned LCR4YY. The building is approximately 5,258 square feet, there are 6 garages and 4 covered spaces = a potential for ADU Conversion to ADD MORE UNITS on this already-cash-flowing investment property (buyer to verify). Traditional investors would appreciate the strong income flow of 5.54% cap rate and an 11.94 gross rent multiplier, which still leaves room for an amazing rental upside potential of +/- 39%. Buyer to ASSUME the current CHASE Loan (Apprx. Loan Amount $898,000)! Look no further, we have a Super Low 3.42% Interest Rate Fixed Until 10/01/2026. Although the tenants enjoy the convenience of being located near many shops and restaurants off of Whittier boulevard's retail corridor, they are also within a short drive to the 5, 60, and 710 freeways. Standard loan interest rates are increasing so grab this deal while it's still low.