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1257 W Vernon Avenue

Los Angeles (City), CA 90037
  • $925,000
  • STATUS: Active
  • ON SITE: 2 Days
  • MLS #: SR23174407
New On Site 2 Days Ago
UPDATED: 60 min ago
$925,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Francis Palacios of Better Loans & Homes Realty (949-552-6060)


Description

Great investment opportunity for sale in Los Angeles! Triplex with 2,854 sqft. The front unit has three bedrooms, a living room, dinning room, and kitchen. The second unit has two bedrooms and a full bathroom upstairs. On the main floor, there is a living room, a dining room, a full kitchen, and a powder room. The third unit has two bedrooms, a full bathroom, a dining and living room, and a full kitchen. The front unit will be delivered vacant. TLC is needed for this unit. It is perfect for remodeling and living in or renting out. The complex has five uncovered parking spaces in the rear and one additional attached parking space. Each unit has a separate electrical meter, gas connection and tankless water heaters. This property was originally a single family residence, the owner converted it with permits into a triplex in 2007.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T08:31:19.177. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/143501889
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1257 W Vernon Avenue Los Angeles (City), CA 90037

  • Price: $925,000
  • Status: Active
  • On Site: 2 Days
  • Updated: 60 min ago
  • MLS #: SR23174407
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1958
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Great investment opportunity for sale in Los Angeles! Triplex with 2,854 sqft. The front unit has three bedrooms, a living room, dinning room, and kitchen. The second unit has two bedrooms and a full bathroom upstairs. On the main floor, there is a living room, a dining room, a full kitchen, and a powder room. The third unit has two bedrooms, a full bathroom, a dining and living room, and a full kitchen. The front unit will be delivered vacant. TLC is needed for this unit. It is perfect for remodeling and living in or renting out. The complex has five uncovered parking spaces in the rear and one additional attached parking space. Each unit has a separate electrical meter, gas connection and tankless water heaters. This property was originally a single family residence, the owner converted it with permits into a triplex in 2007.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Walkstreet Number Of Separate Electric Meters 3 Parking Features Uncovered Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Current Financing Conventional Electric Expense 0 Exclusions A/C Wall UnitsAppliances-Those Belong To The Tenants. Fuel Expense 0 Garage YN Yes Gross Income 75480 Gross Scheduled Income 75480 Insurance Expense 2300 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventionalFhaVa Loan Net Operating Income 70780 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 2 Operating Expense 4700 Possession Close Plus 1 Day Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Trash Expense 0 Water Sewer Expense 2400 Water Source Public Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T08:31:19.177. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Francis Palacios of Better Loans & Homes Realty (949-552-6060)