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Listed by: Shahram Shamounpour (424) 313-2744 DRE #02122389 | Keller Williams Beverly Hills (310) 432-6400
$1,600,000
9 Beds
- 6 Baths
3,346sqft
522 W Vernon Ave, Los Angeles, CA 90037
$1,600,000
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Multi Family
Built in 1904
$-- HOA
7,248 sqft lot
$478/sq.ft
Description
Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near maj...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1904
HOA Fees
-
Finished Area
3,346 sqft
Lot Size
7,248 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25607053
MLS Status
Active
Days on Market
64
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