522 W Vernon Avenue, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
522 W Vernon Avenue,Los Angeles, CA 90037
$1,600,000
- 9 Beds
- 5 Baths
- 3,346 sq. ft.
- Multi-family
- Active
Listed by:shahram shamounpour
Office:keller williams beverly hills
MLS#:25607053
Source:CRMLS
Price summary
- Price:$1,600,000
- Price per sq. ft.:$478.18
About this home
Excellent income-producing property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure currently leased to a child care center paying $7,500 per month, month-to-month, with a tenant ready to sign a long-term lease. The space is well-maintained and ideal for continued use as a preschool, daycare, or educational facility. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio. The lower level is currently used as a playground area for the daycare. The owner is in the process of constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. The residential units will be delivered VACANT. Two separate buildings on one lot. Substantial existing income with growth potential. Commercial tenant willing to sign a long-term lease. Additional ADU under construction for added value. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors or owner-users seeking a multi-purpose asset in a growing area.
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Home facts
- Year built:1904
- Listing ID #:25607053
- Added:11 day(s) ago
- Updated:October 28, 2025 at 10:23 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Living area:3,346 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1904
- Building area:3,346 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$478.18
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