711 E Vernon Avenue, Los Angeles, CA 90011

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
711 E Vernon Avenue,Los Angeles, CA 90011
$1,500,000
  • 12 Beds
  • 9 Baths
  • 5,184 sq. ft.
  • Multi-family
  • Active
Listed by:casey lins
Office:kidder mathews of california, inc.
MLS#:25593183
Source:CRMLS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$289.35

About this home

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.

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Home facts

  • Year built:1929
  • Listing ID #:25593183
  • Added:1 day(s) ago
  • Updated:September 17, 2025 at 04:39 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:9
  • Living area:5,184 sq. ft.

Structure and exterior

  • Year built:1929
  • Building area:5,184 sq. ft.
  • Lot area:0.11 Acres

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$289.35
Based on information from California Regional Multiple Listing Service, Inc. as of September 17, 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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