Updated Financials!
1361 Vernon is a fantastic owner/user or investment opportunity featuring three bungalow style units, consisting of (2) 1-Bed/1-Bath and (1) 2-Bed/1-Bath units. Recent Capital improvements include newly replaced roofs, all-copper plumbing and is separately metered for gas and electricity, ensuring lower operating expenses. This investment opportunity is ideal for any investor with potential ADU opportunities via SB 1211 and 52% rental upside in existing tenants. With one 1-Bed/1-Bath unit delivered vacant by COE, this is ideal for an owner/user as well.
Located minutes from USC, BMO Stadium and LA Natural History Museum, 1361 W Vernon is in a rapidly growing submarket of Los Angeles.
1361 Vernon is a fantastic owner/user or investment opportunity featuring three bungalow style units, consisting of (2) 1-Bed/1-Bath and (1) 2-Bed/1-Bath units. Recent Capital improvements include newly replaced roofs, all-copper plumbing and is separately metered for gas and electricity, ensuring lower operating expenses. This investment opportunity is ideal for any investor with potential ADU opportunities via SB 1211 and 52% rental upside in existing tenants. With one 1-Bed/1-Bath unit delivered vacant by COE, this is ideal for an owner/user as well.
Located minutes from USC, BMO Stadium and LA Natural History Museum, 1361 W Vernon is in a rapidly growing submarket of Los Angeles.
Property Details
Price:
$750,000
MLS #:
SB25065803
Status:
Active
Baths:
0
Address:
1361 W Vernon Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Mar 26, 2025
State:
CA
ZIP:
90037
Lot Size:
6,526 sqft / 0.15 acres (approx)
Year Built:
1923
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Schools
Interior
Exterior
Community Features
Biking, Park, Sidewalks, Street Lights, Suburban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address1361 W Vernon Avenue Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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1361 W Vernon Avenue
Los Angeles, CA
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