Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong current 5.6% Cap Rate with additional rent upside potential. The property features two spacious 2-bedroom / 1-bath units (downstairs Unit 1478 and upstairs Unit 1474) plus a 1-bedroom / 1-bath unit (Unit 1478.5). Significant upgrades completed within the last 3 years include newer flooring, newer kitchens and bathrooms, fresh interior paint, new water heaters, plumbing improvements, waste line replacement, and one new wall heater. Current rents provide stable income with the opportunity to increase returns through market rent adjustments and continued unit optimization. Ideal for both seasoned and 1031-exchange investors seeking value-add potential in a high-demand rental area. Two units can be delivered vacant.
Property Details
Price:
$1,189,000
MLS #:
26638505
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Feb 5, 2026
Finished Sq Ft:
2,263
Total Sq Ft:
2,263
Lot Size:
5,721 sqft / 0.13 acres (approx)
Year Built:
1911
See this Listing
Schools
Interior
Appliances
RF
Cooling
NO
Heating
WL
Exterior
Architectural Style
CRF
Parking Spots
6
Financial
Map
Community
- Address1474 W Vernon AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90062
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Feb 24, 2026
7,098
Single Family Listed
79
Avg DOM
503
Avg $ / SqFt
$1,479,955
Avg List Price
Property Summary
- 1474 W Vernon AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90062. It is listed for $1,189,000 and features 5 beds, 3 baths, and has approximately 2,263 square feet of living space, and was originally constructed in 1911. The current price per square foot is $525. The average price per square foot for Single Family listings in Los Angeles is $503. The average listing price for Single Family in Los Angeles is $1,479,955.
Similar Listings Nearby
Courtesy of Keller Williams Realty Santa Barbara. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1474 W Vernon AV
Los Angeles, CA