3
See all 3 photos
$1,314,999
Est. payment /mo
7,405 Sqft Lot
Price Dropped by $60K
702 W Vernon AVE Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25021564
HOA Y/N No
Year Built 1924
Lot Size 7,405 Sqft
Property Sub-Type Multi Family
Property Description
STRATEGICALLY LOCATED JUST A MILE FROM THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC)! Welcome to this 6 unit investment opportunity in the heart of Los Angeles! This property is an attractive option for student housing. The area boasts a high walkability score, with numerous dining, shopping, and entertainment options nearby. Public transportation is easily accessible, providing convenient connections throughout the city. The "live in one, rent the others" model offers the potential for steady rental income while maintaining a personal residence within the property. The configuration allows for flexibility in tenant arrangements, catering to a variety of rental needs. Take advantage of this unique opportunity to own a multi-unit property in a vibrant Los Angeles neighborhood. With its prime location and endless possibilities, this property is ready for you to make it your own. Schedule a showing today and explore all that it has to offer!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LAR3
Interior
Fireplace No
Laundry See Remarks
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 5018032026
Acceptable Financing Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Submit, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Submit, VA Loan
Special Listing Condition Standard
Listed by Juan Carlos Martinez • Juan Carlos Martinez • 562-302-3161