1361 West Vernon Avenue Active

Los Angeles,CA 90037

$ 750000

- Bed

0 Bath

1892 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,892 sqft

Price per Sqft $396

MLS Listing ID SB-25065803

Year Built 1923

Lot Size 6,526 Sqft

Property Sub-Type Triplex

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

Area C34 - Los Angeles Sw

Zoning LARD1.5

Interior

Laundry Gas & Electric Dryer Hookup

Exterior

Parking Features Gated

Pool None

Community Features Biking,Park,Sidewalks,Street Lights,Suburban

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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