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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
$750,000
Est. payment /mo
1,892 SqFt
Active
1361 West Vernon Avenue Los Angeles, CA 90037
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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