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1945 W Vernon, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
1945 W Vernon,Los Angeles, CA 90062
$969,900
  • 5 Beds
  • 4 Baths
  • 2,366 sq. ft.
  • Single family
  • Active
Listed by: gustavo arias
Office: first team real estate562-270-0688
MLS#:PW26047544
Source:CRMLS

Price summary

  • Price:$969,900
  • Price per sq. ft.:$409.93

About this home

1945 W Vernon Ave | 6.31% In-Place Cap | 7.79% Pro Forma | Owner-User Optional Well-maintained 4-unit investment property delivering a 6.31% current cap rate with clear upside to 7.79% pro forma in a high-demand South Los Angeles corridor. The property consists of three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath. A 1/1 unit is currently available — offering immediate flexibility for an owner-occupant or lease-up at market rent. Key highlights: • 6.3`% in-place CAP | 7.79% pro forma CAP • One upgraded vacant unit ready for immediate occupancy or lease • Separate electric and gas meters • Two two-car garages generating additional rental income • Opportunity to install coin-op laundry for further NOI growth • 5,500 SF lot • Proven income-producing asset • Maintained and turnkey condition Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and...

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Home facts

  • Year built:1949
  • Listing ID #:PW26047544
  • Added:51 day(s) ago
  • Updated:April 25, 2026 at 10:33 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Laminate
  • Kitchen Description:Gas Range, Refrigerator
  • Living area:2,366 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Shingle
  • Year built:1949
  • Building area:2,366 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Mid Century Modern
  • Construction Materials:Stucco
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$969,900
  • Price per sq. ft.:$409.93

Features and amenities

  • Amenities:Multiple Staircases

Parking

  • Total parking spaces:4
  • Parking description:Door-Multi, Garage
  • Garage:Yes
  • Garage spaces:4
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