532 W Vernon Avenue, Los Angeles, CA 90037

Local realty services provided by:ERA North Orange County Real Estate
532 W Vernon Avenue,Los Angeles, CA 90037
$2,850,000
  • 11 Beds
  • 12 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:eric delgado
Office:luxury collective
MLS#:SR25224125
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,850,000

About this home

Newly Built 5-Unit Apartment Building in South Los Angeles Investor Ready! Immediate value-add opportunity with rents positioned below market, allowing income growth from day one of ownership, raising the Cap rate above 7%.. This stunning newer construction 5-unit multifamily property completed in 2023, offering a rare combination of modern design, premium finishes, and central location. Perfectly positioned in a vibrant South Los Angeles neighborhood, this property sits just west of S. Figueroa Street and south of W. Vernon Avenue, placing residents minutes from Downtown LA, USC, Exposition Park, and major commuter routes. Spread across three beautiful buildings, the property boasts an exceptional unit mix: One (1) spacious 1-bedroom, 1.5-bath ADU with off street parking spot and washer/dryer included; Two (2) large 3-bedroom, 3-bath townhouse-style units; Two (2) expansive 4-bedroom, 4-bath townhouse-style units The four front units span three stories each, while the rear ADU

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Home facts

  • Listing ID #:SR25224125
  • Added:53 day(s) ago
  • Updated:October 06, 2025 at 02:05 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:12

Heating and cooling

  • Cooling:Central Forced Air

Finances and disclosures

  • Price:$2,850,000
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