Los Angeles, CA 90037 215 W Vernon Avenue
$950,000
37 more
Presented By: Nicholas Schwartz with Platinum Realty & Mortgage Gro; 626-827-5664
- MLS# CV25001988
- 01/04/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 5
Baths • 5
SQFT • 4,621
Garage • 2
Home Details
Great opportunity for a Landlord or Investor. This property features Four individual units plus a detached Single-Family Residence with its own yard. Property is zoned LA C2. Excellent long-term tenants. Each unit has its individual gas meter, electric meter and water meter. Very low maintenance. Property is conveniently located close to public transportation, shops and restaurants. Some of the various amenities nearby, include the California Science Center, Staples Center, Dodger Stadium, the Colosseum, Exposition Park, Grand Central Market and USC. Seller is very motivated and will consider all offers.
Presented By: Nicholas Schwartz with Platinum Realty & Mortgage Gro; 626-827-5664
Interior Features for 215 W Vernon Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesGasDryerHookup, Inside
Total Stories2
Other Rooms
Entry Level1
General for 215 W Vernon Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks, Urban, Park
ContingencyAll 5 units will be delivered occupied. All tenants to remain in possession.
CountyLos Angeles
Current FinancingConventional
DirectionsSouth of Martin Luther King Jr Blvd / East of 110 Harbor Fwy
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2025-01-04
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, Submit
Lot Size Square Feet5881.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income38124.0
New ConstructionNo
Number Of Units Total5
Operating Expense1200.0
Pool FeaturesNone
PossessionSeeRemarks
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerSewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot20
Taxes$2,500
Tenant PaysElectricity, Gas, Water
Trash Expense0.0
ViewCityLights, Neighborhood
Water Sewer Expense0.0
Year Built1948
Year Built SourceAssessor
ZoningLAC2
Exterior for 215 W Vernon Avenue
Building Area Total4621.0
Crops Included Y/NNo
Exterior AmenitiesLighting
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions47x125
Lot FeaturesZeroToOneUnitAcre, BackYard, LotOver40000Sqft, NearPark, NearPublicTransit, Paved, RectangularLot, Walkstreet
Lot Size Acres0.135
Lot Size Area5881.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters5
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate