Stable, fully occupied three-unit income property located close to USC and Downtown L.A. The property consists of three residential units across two separate buildings on a large 6,921-square-foot lot zoned C2-1VL with future development potential. The unit mix includes two 1-bedroom/1-bath units (one of them Section 8) and one unit 3-bedroom/1 bath, providing strong rental income. The South Los Angeles market continues to benefit from proximity to Downtown LA, USC, Exposition Park, and major transit infrastructure. Adjacent to the signalized corner of San Pedro Place and Vernon Avenue, with the future potential of a broad range of commercial uses by-right and TOC Tier 2 Designation, offering a significant density bonus potential for qualified affordable housing projects.
Property Details
Price:
$699,000
MLS #:
26848321
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Jun 17, 2026
Finished Sq Ft:
2,247
Total Sq Ft:
2,247
Lot Size:
6,921 sqft / 0.16 acres (approx)
Year Built:
1921
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Levels
A
Exterior
Parking Spots
3
Parking Total
3
Financial
Map
Community
- Address186 E Vernon AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 01, 2026
9,338
Single Family Listed
84
Avg DOM
437
Avg $ / SqFt
$1,575,806
Avg List Price
Property Summary
- 186 E Vernon AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $699,000 and features 4 beds, 4 baths, and has approximately 2,247 square feet of living space, and was originally constructed in 1921. The current price per square foot is $311. The average price per square foot for Single Family listings in Los Angeles is $437. The average listing price for Single Family in Los Angeles is $1,575,806.
Similar Listings Nearby
186 E Vernon AV
Los Angeles, CA


