1474 W Vernon Ave, Los Angeles, CA 90062
1474 W Vernon Ave, Los Angeles, CA 90062
1474 W Vernon Ave, Los Angeles, CA 90062
29
See all 29 photos
$998,000
Est. payment /mo
Save
5 Beds
3 Baths
2,263 SqFt
Price Dropped by $191K

1474 W Vernon Ave Los Angeles, CA 90062

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jasmin Conner

Jasmin Conner

+1(310) 628-4801

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,263 sqft

Price per Sqft $441

MLS Listing ID 26638505

Style Craftsman

Bedrooms 5

Year Built 1911

Lot Size 5,721 Sqft

Acres 0.1313

Property Sub-Type Multi-Family

Property Description

Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong 7.4% Cap Rate with additional rent upside potential. The property features two spacious VACANT 2-bedroom / 1-bath units (downstairs Unit 1478 and upstairs Unit 1474) plus a 1-bedroom / 1-bath unit (Unit 1478.5). 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 area.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Range/Oven, Refrigerator

Laundry Room, Community

Exterior

Parking Features Uncovered

Garage Spaces 6.0

Building

Story 2

Architectural Style Craftsman

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Realty Santa Barbara

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Jasmin Conner, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1474 W Vernon Ave