1552 West Vernon Avenue Los Angeles, CA ^$ 920,000

1552 West Vernon Avenue

^$ 920,000

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1552 West Vernon Avenue

Los Angeles, CA, 90062

^$ 920,000

Studio Baths0.0 Sq 1,774

Monthly Estimate*

^$ 6,115

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $920,000. This 1,774 square foot home was built in 1920 on a lot size of 0.13.

Welcome to 1552 W Vernon Ave, a duplex gem in Los Angeles, CA. This property features a front house with 2 bedrooms plus an office and 1 bath and a back unit with 2 bedrooms and 1 bath, both units will be delivered vacant. Extensively updated with a new roof, windows, plumbing, electrical wiring and panels, this home shines with fresh paint inside and out. Inside, you'll find new flooring, kitchen cabinets, countertops, and bathrooms. One unit offers central A/C, while the other has a mini-split system. Property is fully landscaped with sprinkler system and a new fully concrete paved driveway for plenty of parking. This property features a big lot and zoning for a potential third unit, this property presents a prime investment opportunity. Conveniently located near major freeways, It's perfect to live in one and rent the other or keep long term as a cash flowing property.

Multi-Family Contingent

Price

^$ 920,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.13

Year Built

1920

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024377895

Features

General

Cooling Central Air

Possession Close of Escrow

Zoning LAC2

Pool Features None Private

Year Built 1920

Levels One

County Los Angeles

Net Operating Income 50000.0

Insurance Expense 100.0

New Construction No

Property Type C

HOA / Comm Assn No

Contingency Active Under Contract

Status Active Under Contract

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C34 - Los Angeles SW

Lot Size Square Feet 5874.0

Street Name Vernon

Water Sewer Expense 150.0

Standard Status Active Under Contract

Buyer Agent Compensation Type %

Exterior

Parking Features Street Driveway

Lot Size Area 5874.0

Building Area Total 1774.0

Lot Size Acres 0.13

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 1

Common Walls No Common Walls

Air Conditioning Y/N Yes

Heating Y/N No

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Raul Herrera

Listing Agent

Exp Realty Of California Inc

Broker

Affordability Calculator

$6,115

Per Month

Monthly Principal & Interest: $6,115
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,991,000

Percent of Sale Price 116%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$920,000		Listed Price

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1552 West Vernon Avenue, Los Angeles, CA, 90062 is a Multi-Family Home for sale at $920,000 with 1,774 sqft and a lot size of 0.13. 1552 West Vernon Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 90062 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1552 West Vernon Avenue

Multi-Family Home for sale in Los Angeles, CA

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