Properties

Save
Ask
Tour
Hide
Share
$999,990
New Listing

1945 W Vernon
Los Angeles, CA 90062

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
2,366
SqFt
$423
/SqFt
1949
Built
County:
Los Angeles
Listed by Gustavo Arias of First Team Real Estate GustavoArias@firstteam.com

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 951.239.6770
Is this the listing for you? We can help make it yours.
951.239.6770
1945 W Vernon1945 W Vernon1945 W Vernon1945 W Vernon
Save
Ask
Tour
Hide
Share

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 growth potential in one of Los Angeles’ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$999,990
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,366 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1263 Acres
Year Built 
1949
MLS® Number 
PW26045448
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing first seen on site
10 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1263
Disclosures 
RentControl
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
GatedPrivateGarage Faces RearGarage Faces SideSee Remarks
Parking Spaces 
2
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2366
Water Source 
Public
Zoning 
LAR4
Interior Features
Heating 
Wall Furnace
Laundry Features 
None
Window Features 
Blinds
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Stucco
Pool Features 
None
Spa Features 
None
View 
None
Waterview 
None
Windows/Doors 
Blinds
Community Features
Building Access 
1
Financing Terms Available 
CashConventionalFHASubmitVA Loan
MLS Area 
PHHT - Park Hills Heights


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share

WORK WITH US

With a track record exceeding $500 Million in real estate transactions, the Team Lloyd & Associates dedicates itself to delivering a personalized real estate journey for every client.