Listed By:
Jack Harriman with Coldwell Banker Realty; 626-482-6116
Address
1496 W Vernon Avenue, Los Angeles, CA
Price
$ 742,000
Property Attributes
  • MLS#AR23068910
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90062
  • StyleDuplex
  • Price$ 742,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2107
  • Lot Size5,475 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Welcome to 1496 West Vernon Ave, a fantastic investment opportunity in the heart of Los Angeles. This well maintained duplex offers two spacious units, each with its own unique charm. Unit 1 features 4 bedroom and 2 bathroom, providing ample space for a growing family. The open floor plan and well design layout make it comfortable and inviting living space. The unit has been meticulously cared. Unit 2 offer 2 bedroom and 1 bathroom, making it an excellent choice and a cozy and manageable living space. The property's location is a standout feature, as it is conveniently situated in a sought-after neighborhood of Los Angeles. Residents enjoy easy access to schools, shopping, dining and public transportation, making it an attractive option. With ample parking space available on the property, you will appreciate the convenience adding to the property's overall appeal, offering an opportunity for an investor looking for a turnkey investment. Don't miss out on this exceptional investment property in Los Angeles and explore the potential of this duplex as a valuable addition to your real estate portfolio.

Price History
5/9/2023 Listed $875,000
7/12/2023 10% - $795,000
9/1/2023 7% - $742,000

General Features

Sewer PublicSewer
Cooling CentralAir
Appliances Dryer
Zoning LARD1.5
Garage Spaces 2.0
Pool Features None
Year Built 1927
View None
Property SubType Duplex
Gross Income 51429.6
Community Features Suburban
County Los Angeles
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 1510.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N Yes
Special Listing Conditions Standard
Status Active
Directions Between Western Ave and Normandie Ave On Vernon.
City Los Angeles
Entry Location front
View Y/N No
Senior Community Y/N No
Total Units 2
MLS Area C34 - Los Angeles Southwest
Lot Size Square Feet 5474.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Vernon
Spa Features None
Property Attached Y/N No
Land Lease Y/N No
Electric Expense 0.0
Home Warranty Y/N No
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N Yes
Days on Market 282
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Property Sub Type Additional Duplex
Expected Active Date 2023-05-09
MobileHomeRemainsYN No

Interior Features

Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Street Suffix Avenue
Entry Level 2
Electric On Property Y/N No

Exterior Features

Lot Features Level
Water Source Public
Total Parking 2.0
Lot Size Area 5474.0
Number of Buildings 2
Spa No
Building Area Total 2107.0
Lot Size Acres 0.1257
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90062

Price
AVG $1.1M
$740K
Visits
AVG 82
153
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1927