1945 W Vernon, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1945 W Vernon,Los Angeles, CA 90062
$999,990
  • 5 Beds
  • 4 Baths
  • 2,366 sq. ft.
  • Single family
  • Active
Listed by: gustavo arias
Office: first team real estate
MLS#:PW26047544
Source:San Diego MLS via CRMLS

Price summary

  • Price:$999,990
  • Price per sq. ft.:$422.65

About this home

1945 W Vernon Ave | 6.31% In-Place Cap | 7.79% Pro Forma | Owner-User Optional Well-maintained 4-unit investment property delivering a 6.31% current cap rate with clear upside to 7.79% pro forma in a high-demand South Los Angeles corridor. The property consists of three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath. A 1/1 unit is currently available offering immediate flexibility for an owner-occupant or lease-up at market rent. Key highlights: 6.3`% in-place CAP | 7.79% pro forma CAP One upgraded vacant unit ready for immediate occupancy or lease Separate electric and gas meters Two two-car garages generating additional rental income Opportunity to install coin-op laundry for further NOI growth 5,500 SF lot Proven income-producing asset Maintained and turnkey condition Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This...

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Home facts

  • Year built:1949
  • Listing ID #:PW26047544
  • Added:9 day(s) ago
  • Updated:March 15, 2026 at 02:26 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Laminate
  • Kitchen Description:Gas Range, Refrigerator
  • Living area:2,366 sq. ft.

Heating and cooling

  • Heating:Wall/Gravity

Structure and exterior

  • Roof:Shingle
  • Year built:1949
  • Building area:2,366 sq. ft.
  • Construction Materials:Stucco
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$999,990
  • Price per sq. ft.:$422.65

Features and amenities

  • Appliances:Gas Range, Refrigerator

Parking

  • Total parking spaces:4
  • Parking description:Garage - Two Door
  • Garage spaces:4
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