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215 W Vernon Avenue

Los Angeles (City), CA 90037
  • $950,000
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: CV25001988
UPDATED: 11 min ago
$950,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Nicholas Schwartz of Platinum Realty & Mortgage Gro (626-246-0040)


Description

Great opportunity for a Landlord or Investor. This property features Four individual units plus a detached Single-Family Residence with its own yard. Property is zoned LA C2. Excellent long-term tenants. Each unit has its individual gas meter, electric meter and water meter. Very low maintenance. Property is conveniently located close to public transportation, shops and restaurants. Some of the various amenities nearby, include the California Science Center, Staples Center, Dodger Stadium, the Colosseum, Exposition Park, Grand Central Market and USC. Seller is very motivated and will consider all offers.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T18:35:31.163. 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/159190677
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215 W Vernon Avenue Los Angeles (City), CA 90037

  • Price: $950,000
  • Status: Active
  • On Site: 115 Days
  • Updated: 11 min ago
  • MLS #: CV25001988
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1948
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Great opportunity for a Landlord or Investor. This property features Four individual units plus a detached Single-Family Residence with its own yard. Property is zoned LA C2. Excellent long-term tenants. Each unit has its individual gas meter, electric meter and water meter. Very low maintenance. Property is conveniently located close to public transportation, shops and restaurants. Some of the various amenities nearby, include the California Science Center, Staples Center, Dodger Stadium, the Colosseum, Exposition Park, Grand Central Market and USC. Seller is very motivated and will consider all offers.
Exterior Features

Entry Level 1 Entry Location 1 Exterior Features Lighting Fencing Wrought Iron Lot Features 0-1 Unit/AcreBack YardLot Over 40000 SqftNear ParkNear Public TransitPavedRectangular LotWalkstreet Number Of Separate Electric Meters 5 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View City LightsNeighborhood View YN Yes

Interior Features

Common Walls 2+ 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 Street LightsSidewalksUrbanPark Contingency All 5 units will be delivered occupied. All tenants to remain in possession. Current Financing Conventional Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 39324 Insurance Expense 1200 Land Lease YN No Laundry Features Gas Dryer HookupInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalSubmit Net Operating Income 38124 New Construction YN No New Taxes Expense 2500 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 1200 Possession See Remarks Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGasWater Trash Expense 0 Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 0 Water Source Public Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T18:35:31.163. 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): Nicholas Schwartz of Platinum Realty & Mortgage Gro (626-246-0040)