1361 W Vernon AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25065803
HOA Y/N No
Year Built 1923
Lot Size 6,525 Sqft
Property Sub-Type Triplex
Property Description
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 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 Southwest
Zoning LARD1.5
Interior
Fireplace No
Laundry Electric Dryer Hookup,Gas Dryer Hookup
Exterior
Pool None
Community Features Biking,Park,Street Lights,Suburban,Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5020007019
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA
Special Listing Condition Standard