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1945 W Vernon, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:CENTURY 21 Affiliated
1945 W Vernon,Los Angeles, CA 90062
$999,990
  • 5 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: gustavo arias
Office: first team real estate
MLS#:PW26045448
Source:San Diego MLS via CRMLS

Price summary

  • Price:$999,990

About this home

1945 W Vernon Ave,6.31% In-Place Cap, 7.79% Pro Forma | Owner-User 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. One unit offers the opportunity to live in one and lease the others. Key highlights: 6.3`% in-place CAP, 7.79% pro forma CAP One upgraded ready-to-rent. Separate electric and gas meters Two two-car garages generating additional rent to increase cashflow Opportunity to install coin-op laundry for further NOI growth 5,500 SF lot Proven income-producing asset Excellent condition Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside offering both strong current yield and operational

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Home facts

  • Listing ID #:PW26045448
  • Added:4 day(s) ago
  • Updated:March 10, 2026 at 02:41 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4

Structure and exterior

  • Construction Materials:Stucco
  • Levels:2 Story

Finances and disclosures

  • Price:$999,990
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