Active

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 : Residential Income

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

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1911 Building Area Total: 2,940
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1149
  • Lot Size Source: Assessor Lot Size Square Feet: 5004

  • Listing Price Information

    Original List Price: 775,000 Listing Contract Date: 2026-05-04
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5110003004

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: Turn left onto W Vernon Ave Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Quadruplex
  • Building and Construction

    Property Age: 115 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: Street Levels or Stories: Two Building Total Stories: 2
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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
3830 S Figueroa Street, Los Angeles, CA, 90037 $2,000,000 5 3 3,584 3,584 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
458 W Vernon, Los Angeles, CA, 90037 $949,500 6 4 3,726 3,726 SqFt
620 W 41st, Los Angeles, CA, 90037 $1,725,000 8 4 3,872 3,872 SqFt
314 W 56th, Los Angeles, CA, 90037 $1,350,000 10 6 3,686 3,686 SqFt
314 W 56th, Los Angeles, CA, 90037 $1,350,000 10 6 3,686 3,686 SqFt

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ByOwner last updated this listing 06/20/2026 @ 03:07

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

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