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348 W Vernon Avenue

Los Angeles, CA 90037
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Bed 3

Bed

Bath 4

Bath

SqFt2,940

Sqft

SqFt5,004

Sqft(Lot)

Prime mixed-use investment opportunity located at 348 W Vernon Ave, Los Angeles. This versatile property features a street-level commercial storefront currently used as a retail space, plus three residential units, offering multiple income streams in a high-demand urban corridor. The commercial unit benefits from strong street exposure along Vernon Avenue, with a wide storefront window, security gate, and flexible interior layout ideal for retail, office, or service-oriented uses. Excellent visibility and signage potential enhance business appeal. The residential component consists of three separate units, including a combination of single-story and upper-level unit with private entrances. Units feature functional floor plans, natural light, and practical layouts suitable for long-term ten ants. A shared courtyard and on-site access provide convenience and separation from the commercial space. The property sits on a fully improved lot with alley access, 3 individual meters, and a layout conducive to efficient management. Aerial views highlight proximity to major thoroughfares, public transportation, and nearby freeways, offering easy access to Downtown Los Angeles and surrounding neighborhoods. Located in a strong rental market with consistent demand for both residential and commercial space, this asset presents an excellent opportunity for investors, owner-users, or those seeking to reposition a mixed-use property for increased cash flow. Zoned for mixed use. Buyer to verify all zoning, unit count, and permitted uses with the City of Los Angeles.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $775,000

AD Id : 83743092

MLS Id : MB26097943

Beds : 3

Lot Size : 5,004 Sqft

Living Area Size : 2,940

Year Built : 1911

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1911
    Building Area Total: 2940
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5004 Lot Size Acres: 0.1149 Lot Size Source: Assessor Lot Size Square Feet: 5,004 Lot Description: 2-5 Units/Acre

  • Listing Price Information

    Listing Price: $775000
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  • Tax Information

    Parcel Number: 5110003004 Tax Lot: 3

  • Location Information

    Direction: Turn left onto W Vernon Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1171 W 38th Street, Los Angeles, CA, 90037 $799,000 1 1 2,100 2,100 SqFt
927 W 48th Street, Los Angeles, CA, 90037 $838,000 6 3 1,912 1,912 SqFt
134 W 49th, Los Angeles, CA, 90037 $888,999 8 3 2,342 2,342 SqFt
237 W 50th, Los Angeles, CA, 90037 $699,000 4 2 2,019 2,019 SqFt
323 W 47th, Los Angeles, CA, 90037 $839,000 6 2 1,925 1,925 SqFt
236 W 53, Los Angeles, CA, 90037 $650,000 4 2 --
458 W Vernon, Los Angeles, CA, 90037 $895,000 6 4 3,726 3,726 SqFt
314 W 56th, Los Angeles, CA, 90037 $1,299,000 10 6 --
314 W 56th, Los Angeles, CA, 90037 $1,299,000 10 6 3,686 3,686 SqFt
555 W 43rd, Los Angeles, CA, 90037 $815,000 3 2 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 06:20

MLS: MB26097943 LISTED BY: Anabella Jimenez, CENTURY 21 REALTY MASTERS 323-722-7300 SOURCE: CRMLS

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