1474 W Vernon Avenue, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1474 W Vernon Avenue,Los Angeles, CA 90062
$1,189,000
  • 5 Beds
  • 3 Baths
  • 2,263 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer stein
Office: keller williams realty santa barbara805-319-5866
MLS#:26638505
Source:CRMLS

Price summary

  • Price:$1,189,000
  • Price per sq. ft.:$525.41

About this home

Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong 6% 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.

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Home facts

  • Year built:1911
  • Listing ID #:26638505
  • Added:99 day(s) ago
  • Updated:May 16, 2026 at 01:23 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Kitchen Description:Refrigerator
  • Living area:2,263 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1911
  • Building area:2,263 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Craftsman
  • Levels:2 Story

Finances and disclosures

  • Price:$1,189,000
  • Price per sq. ft.:$525.41

Features and amenities

  • Appliances:Refrigerator
  • Laundry features:Common Area, Laundry Room

Parking

  • Total parking spaces:6
  • Parking description:Uncovered
Based on information from California Regional Multiple Listing Service, Inc. as of May 16, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 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.

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