458 W Vernon Avenue
Los Angeles, CA, 90037
$1,200,000
Beds
0 Baths
SqFt
0.12 Acres
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Fully renovated 4-unit income property with approved ADU plans near USC and Exposition Park! Rare corner location adjacent to freeway access. All four units have been recently renovated and are occupied with new tenants, making this a turnkey investment opportunity. Zoned LAC2, the property includes approved plans for two additional 3-bedroom, 2-bath ADUs—offering significant upside potential through expansion. There is also an opportunity with the C2 zoning to explore redevelopment. Whether you&#39're a hands-off investor seeking steady income or an active investor looking to add value, this asset checks all the boxes. Located on a high-visibility corner at Vernon and Figueroa with strong foot traffic, immediate freeway access, and excellent transit options. Just steps from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown LA, this property sits in one of the city&#39's fastest-growing neighborhoods. Don’t miss this rare opportunity to invest in both current cash flow and future growth.

Property Details

Price:
$1,200,000
MLS #:
AR25141126
Status:
Active
Baths:
0
Address:
458 W Vernon Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Jun 17, 2025
State:
CA
ZIP:
90037
Lot Size:
5,008 sqft / 0.12 acres (approx)
Year Built:
1911
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0-1 Unit/ Acre
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2
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