CA > Los Angeles
Los Angeles, CA 90037,1361 W Vernon AVE
Los Angeles, CA 90037,1361 W Vernon AVE
Los Angeles, CA 90037,1361 W Vernon AVE
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$750,000
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6,525 Sqft Lot
Active

1361 W Vernon AVE Los Angeles, CA 90037

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Joshua Shorter

Joshua Shorter

+1(702) 728-0089

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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

California Regional MLS (CRMLS)
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559

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agent

Joshua Shorter

RE.S.0191694

+1(702) 728-0089

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1361 W Vernon AVE