$699,000
186 E Vernon Avenue
Los Angeles, CA 90011
4
Beds
4
Baths
2,247
Square feet
1921
Built
Listing narrative
Description
Stable, fully occupied three-unit income property located close to USC and Downtown L.A. The property consists of three residential units across two separate buildings on a large 6,921-square-foot lot zoned C2-1VL with future development potential. The unit mix includes two 1-bedroom/1-bath units (one of them Section 8) and one unit 3-bedroom/1 bath, providing strong rental income. The South Los Angeles market continues to benefit from proximity to Downtown LA, USC, Exposition Park, and major transit infrastructure. Adjacent to the signalized corner of San Pedro Place and Vernon Avenue, with the future potential of a broad range of commercial uses by-right and TOC Tier 2 Designation, offering a significant density bonus potential for qualified affordable housing projects.
Property Details
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Price
$699,000
Beds
4 bd
Type
House
Home Size
2,247 sqft
Baths
4
Lot Size
0.16 acres
Year
1921
Status
For Sale
Days on Market
145
$ / Sqft
$311
Courtesy of Kidder Mathews of California, Inc.






