CA > Los Angeles
Los Angeles, CA 90037,532 W Vernon Avenue
Los Angeles, CA 90037,532 W Vernon Avenue
Los Angeles, CA 90037,532 W Vernon Avenue
36
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$2,850,000
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11 Beds
12 Baths
Active

532 W Vernon Avenue Los Angeles, CA 90037

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Patty Doyle

Patty Doyle

+1(619) 886-0321

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25192789

Bedrooms 11

Property Sub-Type Res Income 2-4 Units

Property Description

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 offers a comfortable two-story layouteach with thoughtfully designed open floor plans, abundant natural light, and modern amenities. Inside, youll find high ceilings, contemporary kitchens with stainless steel appliances, designer cabinetry, and stone countertops, along with beautiful flooring, recessed lighting, and energy-efficient systems. The 3 & 4 Bedroom units each have their own 2-car garage with washer/dryers included. For energy efficiency, each unit also has solar panels with installed meters. Location is key, and this property deliversjust two miles from USC, making it a prime choice for

Location

State CA

County Los Angeles

Zoning Seller

Direction W. Vernon Ave. & S. Figueroa St.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5018033019

MLS Router / San Diego MLS
Listed by Eric Delgado Luxury Collective

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Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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532 W Vernon Avenue

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