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
$2,750,000
  • - Beds
  • - Baths
  • 7,354 sq. ft.
  • Multi-family
  • Active
Listed by: eric delgado
Office: luxury collective
MLS#:SR25254655
Source:CRMLS

Price summary

  • Price:$2,750,000
  • Price per sq. ft.:$373.95

About this home

Newly Built 5-Unit Apartment Building in South Los Angeles–Investor Ready! Immediate upside without displacing tenants, rent has never been raised, raising rent raises the Cap rate above 7% for an immediate value add. 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 S 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 offers a

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Home facts

  • Year built:2023
  • Listing ID #:SR25254655
  • Added:14 day(s) ago
  • Updated:November 20, 2025 at 12:08 PM

Rooms and interior

  • Living area:7,354 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:2023
  • Building area:7,354 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$2,750,000
  • Price per sq. ft.:$373.95
  • Tax amount:$2,750,000
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