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Listed price in listed location currency (USD).
$1,199,000

536

MLS® 26638505

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 2263 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1911
Avg. Price Per Sqft $529
MLS® Number 26638505

Property Address: 1474 W Vernon Ave, LOS ANGELES, CA, 90062

Average square foot calculated using Size range provided by listing agent.

Description

Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong current 5.6% Cap Rate with additional rent upside potential. The property features two spacious 2-bedroom / 1-bath units (downstairs Unit 1478 and upstairs Unit 1474) plus a 1-bedroom / 1-bath unit (Unit 1478.5). Significant upgrades completed within the last 3 years include newer flooring, newer kitchens and bathrooms, fresh interior paint, new water heaters, plumbing improvements, waste line replacement, and one new wall heater. Current rents provide stable income with the opportunity to increase returns through market rent adjustments and continued unit optimization. Ideal for both seasoned and 1031-exchange investors seeking value-add potential in a high-demand rental area. Possibility to deliver 1 unit vacant for an owner user.
MLS® Number26638505
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1911
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$1,199,000List Price
  • Commute

Commute

Starting Address
Destination Address
1474 W Vernon Ave, LOS ANGELES, CA

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