458 Vernon, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
458 Vernon,Los Angeles, CA 90037
$949,500
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joshua mcintire
Office: mcintire real estate inc.
MLS#:AR26037826
Source:CAREIL

Price summary

  • Price:$949,500

About this home

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 expansion. 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...

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Home facts

  • Year built:1911
  • Listing ID #:AR26037826
  • Added:85 day(s) ago
  • Updated:May 22, 2026 at 04:26 PM

Rooms and interior

  • Flooring:Laminate

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1911
  • Lot area:0.11 Acres
  • Lot Features:Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$949,500

Parking

  • Parking description:Off Street Parking
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