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1474 W Vernon Avenue, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:CENTURY 21 Classic Estates
1474 W Vernon Avenue,Los Angeles, CA 90062
$998,000
  • 5 Beds
  • 3 Baths
  • 2,263 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer stein
Office: keller williams realty santa barbara805-319-5866
MLS#:26638505
Source:CRMLS

Price summary

  • Price:$998,000
  • Price per sq. ft.:$441.01

About this home

Seller will consider buying down interest rate to approximately 4.5% for the first year! Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong 5.7 % Cap Rate with additional rent upside potential. The property features two spacious 2-bed / 1-bath units and one 1-bed/1 bath unit. Significant upgrades completed within the last 3 years include newer flooring, newer kitchens and bathrooms, fresh interior paint, new water heaters, plumbing improvements, waste line replacement, and one new wall heater. Current rents provide stable income with the opportunity to increase returns through market rent adjustments and continued unit optimization. Ideal for both seasoned and 1031-exchange investors seeking value-add potential in a high-demand rental area.

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Home facts

  • Year built:1911
  • Listing ID #:26638505
  • Added:204 day(s) ago
  • Updated:August 28, 2026 at 11:58 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Kitchen Description:Refrigerator
  • Living area:2,263 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1911
  • Building area:2,263 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Craftsman
  • Levels:2 Story

Finances and disclosures

  • Price:$998,000
  • Price per sq. ft.:$441.01

Parking

  • Total parking spaces:6
  • Parking description:Uncovered
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Classic Estates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Classic Estates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sol Almarines

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