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458 W Vernon

Los Angeles, CA 90037
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Bed 6

Bed

Bath 4

Bath

SqFt3,726

Sqft

SqFt5,008

Sqft(Lot)

Updated quadruplex with previously approved ADU expansion plans in the high-growth USC / Exposition Park corridor. Positioned on a prominent signalized corner at Vernon and Figueroa with immediate access to the 110 Freeway, this LAC2-zoned asset offers a rare combination of current income, operational upgrades, and long-term redevelopment potential. The property has undergone significant improvements, including reglazed tubs and showers, upgraded plumbing components, gas line repairs and seismic valve work, refreshed interiors, and multiple system upgrades completed during recent unit turns, resulting in strong long term potential and reduced deferred maintenance. The property is fully occupied with two tenants, delivering immediate cash flow with upside through rental growth and ADU ex pansion. Previously approved plans allow for two additional 3-bedroom, 2-bath ADUs, creating a clear path to increased density and improved long-term returns. With C2 zoning flexibility, investors may also explore alternative redevelopment strategies consistent with the evolving South Figueroa corridor. Located minutes from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown Los Angeles, the property benefits from strong transit connectivity, walkability, and continued neighborhood revitalization. Separate electric and gas meters support efficient operations, while the corner lot exposure enhances long-term land value. Ideal for investors seeking a great income property today with defined upside through expansion, repositioning, or redevelopment in one of Los Angeles’ most active growth corridors.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $895,000

AD Id : 75493646

MLS Id : AR26037826

Beds : 6

Lot Size : 5,008 Sqft

Living Area Size : 3,726

Year Built : 1911

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace

  • Building Information

    Year Built: 1911
    Building Area Total: 3726
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5008 Lot Size Acres: 0.115 Lot Size Source: Assessor Lot Size Square Feet: 5,008 Lot Description: 0-1 Unit/Acre

  • Listing Price Information

    Listing Price: $895000
    Original Price: $995000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 5018034002 Tax Lot: 125

  • Location Information

    Direction: From I-110, exit Vernon Ave, head east, property is at Vernon and Figueroa corner 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
348 W Vernon Avenue, Los Angeles, CA, 90037 $775,000 3 4 2,940 2,940 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
342 W And 342 1/2 W. 52nd, Los Angeles, CA, 90037 $649,900 4 2 2,242 2,242 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
555 W 43rd, Los Angeles, CA, 90037 $835,000 3 2 1,748 1,748 SqFt

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 07/28/2026 @ 03:54

MLS: AR26037826 LISTED BY: Joshua McIntire, McIntire Real Estate Inc. 818-618-7990 SOURCE: CRMLS

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