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.
Contact an agent
Home facts
- Year built:1929
- Listing ID #:25593183
- Added:46 day(s) ago
- Updated:November 01, 2025 at 01:22 PM
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
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