18
See all 18 photos
$750,000
Est. payment /mo
4 Beds
3 Baths
Active
1361 W Vernon Avenue Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25065803
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Updated Financials! 1361 Vernon is a fantastic owner/user or investment opportunity featuring three bungalow style units, consisting of (2) 1-Bed/1-Bath and (1) 2-Bed/1-Bath units. Recent Capital improvements include newly replaced roofs, all-copper plumbing and is separately metered for gas and electricity, ensuring lower operating expenses. This investment opportunity is ideal for any investor with potential ADU opportunities via SB 1211 and 52% rental upside in existing tenants. With one 1-Bed/1-Bath unit delivered vacant by COE, this is ideal for an owner/user as well. Located minutes from USC, BMO Stadium and LA Natural History Museum, 1361 W Vernon is in a rapidly growing submarket of Los Angeles.
Location
State CA
County Los Angeles
Zoning Assessor
Direction on Vernon Ave, off Normandie Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 5020007019
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc.