1474 W Vernon Avenue, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1474 W Vernon Avenue,Los Angeles, CA 90062
$998,000
  • 5 Beds
  • - Baths
  • 2,263 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer stein
Office: keller williams realty santa barbara
MLS#:CL26638505
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$998,000
  • Price per sq. ft.:$441.01

About this home

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 5.7 % 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.

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Home facts

  • Year built:1911
  • Listing ID #:CL26638505
  • Added:182 day(s) ago
  • Updated:August 07, 2026 at 03:05 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,263 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1911
  • Building area:2,263 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$998,000
  • Price per sq. ft.:$441.01

Features and amenities

  • Laundry features:Common Area, Laundry Room

Parking

  • Parking description:Uncovered Parking Space
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 7, 2026

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