532 W Vernon Avenue
Los Angeles, CA, 90037
$2,850,000
Beds
0 Baths
SqFt
0.17 Acres
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Prime Brand-New 5-Unit Apartment Building in South Los Angeles – Investor Ready! We are excited to present this stunning brand-new construction 5-unit multifamily property completed in 2022, offering a rare combination of modern design, premium finishes, and unbeatable location. Perfectly positioned in a vibrant South Los Angeles neighborhood, this property sits just west of S. Figueroa Street and south of W. Vernon Avenue, placing residents minutes from Downtown LA, USC, Exposition Park, and major commuter routes.
Spread across three beautiful buildings, the property boasts an exceptional unit mix:
One (1) spacious 1-bedroom, 1.5-bath ADU
Two (2) large 3-bedroom, 3-bath townhouse-style units
Two (2) expansive 4-bedroom, 4-bath townhouse-style units
The four front units span three stories each, while the rear ADU offers a comfortable two-story layout—each with thoughtfully designed open floor plans, abundant natural light, and modern amenities. Inside, you’ll find high ceilings, contemporary kitchens with stainless steel appliances, designer cabinetry, and stone countertops, along with beautiful flooring, recessed lighting, and energy-efficient systems. Location is key, and this property delivers—just two miles from USC, making it a prime choice for off-campus housing, and less than four miles to Downtown LA for working professionals. Outdoor enthusiasts will love being minutes from Banc of California Stadium, Exposition Park, and Julian C. Dixon Park, while everyday convenience is met with nearby shopping, dining, and retail along Figueroa Street. As a non–rent-controlled, fully vacant, brand-new construction asset in a rapidly gentrifying market, this turnkey investment opportunity has strong rental income potential. Whether catering to students professionals, or families, this property is primed to deliver exceptional long-term value. Don’t miss your chance to own a premier multifamily property in one of Los Angeles’ fastest-growing neighborhoods!

Property Details

Price:
$2,850,000
MLS #:
SR25180573
Status:
Active
Baths:
0
Address:
532 W Vernon Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c23metropolitan
City:
Los Angeles
Listed Date:
Aug 13, 2025
State:
CA
ZIP:
90037
Lot Size:
7,248 sqft / 0.17 acres (approx)
Year Built:
2022
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Interior

Appliances
Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
Laminate
Heating
Wall Furnace
Interior Features
Recessed Lighting
Window Features
Double Pane Windows

Exterior

Community Features
Curbs, Sidewalks, Street Lights
Fencing
Good Condition
Garage Spaces
4.00
Lot Features
Back Yard, Front Yard
Parking Features
Covered, Driveway, Garage, Uncovered
Parking Spots
4.00
Pool Features
None
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Neighborhood
Water Source
Public

Financial

Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Map

Community

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532 W Vernon Avenue
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