711 E Vernon AV
Los Angeles, CA, 90011
$1,500,000
12 Beds
9 Baths
5,184 SqFt
0.11 Acres
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We are pleased to present this 9-unit apartment community located at 711 E Vernon Ave, less than 10 minutes away from Downtown Los Angeles, offered at an 8.13 GRM and 7.81% CAP on current rents with upside potential to achieve a 10.07% CAP and 6.79 GRM with pro forma rents. This opportunity consists of a two-story building offering a total of 5,184 rentable square feet. Built in 1929, the property is situated on a 4,697 square foot LARD1.5 zoned lot with alley access. The unit mix consists of one (1) three bedroom one-bathroom unit and eight (8) one bedroom one-bathroom units with 6 out of 9 units having been renovated. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe’s, the Ross Snyder Recreation Center, Superiors Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

Property Details

Price:
$1,500,000
MLS #:
25593183
Status:
Pending
Beds:
12
Baths:
9
Type:
Single Family
Neighborhood:
c42
Listed Date:
Sep 16, 2025
Finished Sq Ft:
5,184
Total Sq Ft:
5,184
Lot Size:
4,697 sqft / 0.11 acres (approx)
Year Built:
1929
Parking TotalC42C42

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Interior

Exterior

Parking Spots
1

Financial

Gross Operating Income
$178,941
Net Operating Income
$117,174

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Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Nov 28, 2025
1,997
Single Family Listed
69
Avg DOM
1,027
Avg $ / SqFt
$1,892,719
Avg List Price

Property Summary

    711 E Vernon AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $1,500,000 and features 12 beds, 9 baths, and has approximately 5,184 square feet of living space, and was originally constructed in 1929. The current price per square foot is $289. The average price per square foot for Single Family listings in Los Angeles is $1,027. The average listing price for Single Family in Los Angeles is $1,892,719.

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711 E Vernon AV
Los Angeles, CA