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Listed by: Jennifer Stein (805) 319-5866 DRE #01786020 | Keller Williams Realty Santa Barbara (805) 319-5866
$998,000
5 Beds
3 Baths
2,263sqft
1474 W Vernon Ave, Los Angeles, CA 90062
$998,000
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Multi Family
Built in 1911
$-- HOA
5,721 sqft lot
$441/sq.ft
Description
Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong 7.4% Cap Rate with additional rent upside potential. The property features two spacious VACANT 2-bedroom / 1-bath units (downstairs Unit 1478 and upstairs Unit 1474) plus a 1-bedroom / 1-bath unit (Unit 1478.5). Significant upgrades completed within the last 3 years include newer flooring, newer kitchens and bathrooms, fresh interior paint, new water heaters, plumbing improvements, waste line replacement, and one new wall heater. Current rents provide stable income with the opportunity to increase returns through market rent adjustments and continued unit optimization....
Continue Reading- Houzeo last checked: 15 Minutes ago
- Listing updated: June 2, 2026 at 6:48 am
- Source: California Regional MLS-CA | MLS#: 26638505
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1911
HOA Fees
-
Finished Area
2,263 sqft
Lot Size
5,721 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26638505
MLS Status
Active
Days on Market
124
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