1474 W Vernon Avenue
Los Angeles, CA 90062
5
Bed
3
Bath
2,263Sqft
5,721Sqft(Lot)
Seller will consider buying down interest rate to approximately 4.5% for the first year! Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong 5.7 % Cap Rate with additional rent upside potential. The property features two spacious 2-bed / 1-bath units and one 1-bed/1 bath unit. 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. Ideal for both seasoned and 1031-exchange investors seeking value-add potential in a high-demand rental
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3 -
Interior Features
Appliances: RefrigeratorLaundry Features: CommonArea, LaundryRoom -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1911Building Area Total: 2263Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 5721 Lot Size Acres: 0.1313 Lot Size Square Feet: 5,721
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Listing Price Information
Listing Price: $998000Original Price: $1199000
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Tax Information
Parcel Number: 5016002003
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Virtual Tour
Parking Information
Parking Total: 6 Uncovered
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Location Information
Direction: East of Normandie
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4020 Brighton Avenue, Los Angeles, CA, 90062 | $899,000 | 4 | 2 | 2,294 | 2,294 SqFt |
| 4060 Brighton, Los Angeles, CA, 90062 | $800,000 | -- | -- | 3,608 | 3,608 SqFt |
| 3938 Dalton Ave, Los Angeles, CA, 90062 | $799,000 | 3 | 2 | 1,526 | 1,526 SqFt |
| 3987 Halldale Avenue, Los Angeles, CA, 90062 | $898,999 | 5 | 3 | 2,496 | 2,496 SqFt |
| 4328 Brighton Avenue, Los Angeles, CA, 90062 | $699,999 | 3 | 2 | 1,010 | 1,010 SqFt |
| 3933 Denker Avenue, Los Angeles, CA, 90062 | $899,000 | 4 | 2 | -- | |
| 3959 Denker Avenue, Los Angeles, CA, 90062 | $874,000 | 3 | 2 | 1,500 | 1,500 SqFt |
| 4281 Halldale Avenue, Los Angeles, CA, 90062 | $949,000 | 3 | 4 | 1,474 | 1,474 SqFt |
| 4223 Dalton, Los Angeles, CA, 90062 | $948,000 | 3 | 3 | 1,789 | 1,789 SqFt |
| 4041 Denker, Los Angeles, CA, 90062 | $865,000 | 2 | 1 | 1,112 | 1,112 SqFt |
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ByOwner last updated this listing 08/10/2026 @ 08:50
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