458 W Vernon, Los Angeles, CA 90037
Local realty services provided by:CENTURY 21 Affiliated
458 W Vernon,Los Angeles, CA 90037
$995,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: joshua mcintire
Office: mcintire real estate inc.
MLS#:AR26037826
Source:San Diego MLS via CRMLS
Price summary
- Price:$995,000
About this home
Updated quadruplex with previously approved ADU expansion plans in the high-growth USC / Exposition Park corridor. Positioned on a prominent signalized corner at Vernon and Figueroa with immediate access to the 110 Freeway, this LAC2-zoned asset offers a rare combination of current income, operational upgrades, and long-term redevelopment potential. The property has undergone significant improvements, including reglazed tubs and showers, upgraded plumbing components, gas line repairs and seismic valve work, refreshed interiors, and multiple system upgrades completed during recent unit turns, resulting in strong long term potential and reduced deferred maintenance. The property is fully occupied with two tenants, delivering immediate cash flow with upside through rental growth and ADU expansion. Previously approved plans allow for two additional 3-bedroom, 2-bath ADUs, creating a clear path to increased density and improved long-term returns. With C2 zoning flexibility, investors may also explore alternative redevelopment strategies consistent with the evolving South Figueroa corridor. Located minutes from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown Los Angeles, the property benefits from strong transit connectivity, walkability, and continued neighborhood revitalization. Separate electric and gas meters support efficient operations, while the corner lot exposure enhances long-term land value. Ideal for investors seeking a great income property today with defined upside through expansion, repositioning, or redevelopment in one of Los Angeles most active growth c...
Contact an agent
Home facts
- Listing ID #:AR26037826
- Added:63 day(s) ago
- Updated:April 25, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$995,000
New listings near 458 W Vernon
- New
$1,745,000Active4 beds 4 baths2,298 sq. ft.17812 Bromley Court, Encino (los Angeles), CA 91316
MLS# CRBB26089183Listed by: CALIFORNIA PRUDENTIAL REAL EST - New
$1,400,000Active6 beds 4 baths2,895 sq. ft.1522 5th Avenue, Los Angeles, CA 90019
MLS# CRNP26089148Listed by: IS LUXURY OF CALIFORNIA - New
$599,000Active3 beds 2 baths1,298 sq. ft.9949 Noble Avenue, San Fernando, CA 91345
MLS# CRSR26087516Listed by: EQUITY UNION - New
$1,999,950Active7 beds 6 baths3,245 sq. ft.9033 Lindley Avenue, Northridge (los Angeles), CA 91325
MLS# CRSR26088518Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$1,329,000Active5 beds 4 baths2,248 sq. ft.24118 Highlander, West Hills (los Angeles), CA 91307
MLS# CRSR26088832Listed by: PINNACLE ESTATE PROPERTIES, INC. - New
$2,698,000Active6 beds 4 baths3,048 sq. ft.13130 Albers, Sherman Oaks, CA 91401
MLS# CRSR26089221Listed by: EQUITY UNION - New
$699,000Active7 beds 3 baths2,295 sq. ft.708 W 40th, Los Angeles, CA 90037
MLS# CRSR26089569Listed by: PARK REGENCY REALTY - Open Sun, 2 to 5pmNew
$730,000Active3 beds 2 baths1,313 sq. ft.8138 Irondale, Winnetka, CA 91306
MLS# SR26088568Listed by: RODEO REALTY - New
$899,000Active2 beds 3 baths1,692 sq. ft.4225 Via Arbolada #547, Los Angeles, CA 90042
MLS# P1-26823Listed by: KATHERINE VARGAS - New
$2,825,000Active4 beds 5 baths4,270 sq. ft.11936 Northstar Lane, Porter Ranch, CA 91326
MLS# SR26089404Listed by: TOLL BROTHERS, INC.