Seller will consider buying down interest rate to approximately 4.5% for the first year! Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong 6 % Cap Rate with additional rent upside potential. The property features two spacious 2-bed / 1-bath units and one 1-bed/1 bath unit. 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. One of the 2 bedroom units can be delivered vacant.
Property Details
Price:
$998,000
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
Laundry Features
CM, IR
Levels
U
Exterior
Architectural Style
CRF
Common Walls
_1CW
Parking Spots
6
Parking Total
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 Jul 02, 2026
7,153
Single Family Listed
85
Avg DOM
440
Avg $ / SqFt
$1,676,720
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 $998,000 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 $441. The average price per square foot for Single Family listings in Los Angeles is $440. The average listing price for Single Family in Los Angeles is $1,676,720.
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