1945 W Vernon, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1945 W Vernon,Los Angeles, CA 90062
$999,990
  • - Beds
  • 4 Baths
  • 2,366 sq. ft.
  • Multi-family
  • Active
Listed by: gustavo arias
Office: first team real estate
MLS#:PW26045448
Source:CRMLS

Price summary

  • Price:$999,990
  • Price per sq. ft.:$422.65

About this home

1945 W Vernon Ave,6.31% In-Place Cap, 7.79% Pro Forma | Owner-User Well-maintained 4-unit investment property delivering a 6.31% current cap rate with clear upside to 7.79% pro forma in a high-demand South Los Angeles corridor. The property consists of three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath. One unit offers the opportunity to live in one and lease the others. Key highlights: • 6.3`% in-place CAP, 7.79% pro forma CAP • One upgraded ready-to-rent. • Separate electric and gas meters • Two two-car garages generating additional rent to increase cashflow • Opportunity to install coin-op laundry for further NOI growth • 5,500 SF lot • Proven income-producing asset • Excellent condition Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside — offering both strong

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Home facts

  • Year built:1949
  • Listing ID #:PW26045448
  • Added:1 day(s) ago
  • Updated:March 05, 2026 at 03:35 PM

Rooms and interior

  • Total bathrooms:4
  • Living area:2,366 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Roof:Common Roof
  • Year built:1949
  • Building area:2,366 sq. ft.
  • Lot area:0.13 Acres
  • Construction Materials:Stucco
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$999,990
  • Price per sq. ft.:$422.65
Based on information from California Regional Multiple Listing Service, Inc. as of March 5, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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