2417 W Vernon Avenue
Los Angeles, CA 90008
17
Bed
17
Bath
8,128Sqft
12,504Sqft(Lot)
We are pleased to present 2417 W Vernon Ave, a recently renovated 14-unit bungalow court in the highly desirable Leimert Park neighborhood of Los Angeles, offered at an 8.19% cap rate and 7.93 GRM. Built in 1940 and comprehensively renovated, the property pairs upgraded single-story residential units with permitted ADU additions, with Certificates of Occupancy issued in 2024. Leimert Park has become one of LA's most sought-after cultural and residential corridors, giving investors the rare combination of neighborhood momentum and long-term supply constraints, and low-density bungalow court product of this kind can no longer be replicated under current zoning. The result is a turnkey acquisition requiring minimal near-term capital expenditure, with a stable, government-backed income base: 1
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 17Bathroom Information
Total Baths: 17
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Building Information
Year Built: 1940Building Area Total: 8128Stories: 1Private Pool: No
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Lot Information
Main Square Feet: 12504 Lot Size Acres: 0.2871 Lot Size Square Feet: 12,504
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Listing Price Information
Listing Price: $2600000
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Tax Information
Parcel Number: 5022028005
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Virtual Tour
Parking Information
OnStreet
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Location Information
Direction: East of Leimert Blvd - West of Arlington Ave Security Features: GatedCommunity
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3854 Arlington Avenue, Los Angeles, CA, 90008 | $1,160,000 | 8 | 4 | 3,332 | 3,332 SqFt |
| 2017 W 39th Street, Los Angeles, CA, 90008 | $885,000 | 2 | -- | 1,088 | 1,088 SqFt |
| 3857 2nd Avenue, Los Angeles, CA, 90008 | $849,000 | 3 | 2 | 2,003 | 2,003 SqFt |
| 4301 Arlington Ave., Los Angeles, CA, 90008 | $850,000 | 3 | 2 | 2,363 | 2,363 SqFt |
| 4324 2nd Avenue, Los Angeles, CA, 90008 | $960,000 | 3 | 2 | 1,362 | 1,362 SqFt |
| 3952 Sutro Avenue, Los Angeles, CA, 90008 | $1,650,000 | 3 | 3 | 1,905 | 1,905 SqFt |
| 4346 3rd, Los Angeles, CA, 90008 | $550,000 | 3 | 1 | 1,255 | 1,255 SqFt |
| 4068 Sutro Avenue, Los Angeles, CA, 90008 | $1,299,999 | 4 | 4 | 1,551 | 1,551 SqFt |
| 4224 6th Avenue, Los Angeles, CA, 90008 | $1,125,000 | 3 | 1 | 1,261 | 1,261 SqFt |
| 2722 W 43rd Place, Los Angeles, CA, 90008 | $1,075,000 | 4 | -- | 3,008 | 3,008 SqFt |
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ByOwner last updated this listing 07/26/2026 @ 00:35
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