532 W Vernon Avenue, Los Angeles, CA 90037

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
532 W Vernon Avenue,Los Angeles, CA 90037
$2,750,000
  • - Beds
  • - Baths
  • 7,354 sq. ft.
  • Multi-family
  • Active
Listed by:eric delgado
Office:luxury collective
MLS#:SR25254655
Source:CRMLS

Price summary

  • Price:$2,750,000
  • Price per sq. ft.:$373.95

About this home

Newly Built 5-Unit Apartment Building in South Los Angeles–Investor Ready! Immediate upside without displacing tenants, rent has never been raised, raising rent raises the Cap rate above 7% for an immediate value add. This stunning newer construction 5-unit multifamily property completed in 2023, offering a rare combination of modern design, premium finishes, and central location. Perfectly positioned in a vibrant South Los Angeles neighborhood, this property sits just west of S. Figueroa Street and S 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 with off street parking spot and washer/dryer included; 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

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Home facts

  • Year built:2023
  • Listing ID #:SR25254655
  • Added:1 day(s) ago
  • Updated:November 06, 2025 at 04:46 AM

Rooms and interior

  • Living area:7,354 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Year built:2023
  • Building area:7,354 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$2,750,000
  • Price per sq. ft.:$373.95
  • Tax amount:$2,750,000
Based on information from California Regional Multiple Listing Service, Inc. as of November 6, 2025 . 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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