Los Angeles, CA 90037 1361 W Vernon Avenue

1361 W Vernon Avenue Los Angeles, CA - Image 11361 W Vernon Avenue Los Angeles, CA - Image 21361 W Vernon Avenue Los Angeles, CA - Image 3
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1361 W Vernon Avenue Los Angeles, CA - Image 41361 W Vernon Avenue Los Angeles, CA - Image 51361 W Vernon Avenue Los Angeles, CA - Image 61361 W Vernon Avenue Los Angeles, CA - Image 71361 W Vernon Avenue Los Angeles, CA - Image 81361 W Vernon Avenue Los Angeles, CA - Image 91361 W Vernon Avenue Los Angeles, CA - Image 101361 W Vernon Avenue Los Angeles, CA - Image 111361 W Vernon Avenue Los Angeles, CA - Image 121361 W Vernon Avenue Los Angeles, CA - Image 131361 W Vernon Avenue Los Angeles, CA - Image 141361 W Vernon Avenue Los Angeles, CA - Image 151361 W Vernon Avenue Los Angeles, CA - Image 161361 W Vernon Avenue Los Angeles, CA - Image 17
Presented By: Aaron Jacobson with Lyon Stahl Investment Real Estate, Inc.; 310-729-1559
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SB25065803
  • 03/26/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 4
  • Baths • 3
  • SQFT • 1,892

Home Details

1361 Vernon is a fantastic owner/user or investment opportunity featuring three bungalow style units, consisting of (2) 1-Bed/1-Bath and (1) 2-Bed/1-Bath units. Recent Capital improvements include newly replaced roofs, all-copper plumbing and is separately metered for gas and electricity, ensuring lower operating expenses. This investment opportunity is ideal for any investor with potential ADU opportunities via SB 1211 and 52% rental upside in existing tenants. With one unit delivered vacant by COE, this is ideal for an owner/user as well. Located minutes from USC, BMO Stadium and LA Natural History Museum, 1361 W Vernon is in a rapidly growing submarket of Los Angeles.
Presented By: Aaron Jacobson with Lyon Stahl Investment Real Estate, Inc.; 310-729-1559

Interior Features for 1361 W Vernon Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesElectricDryerHookup, GasDryerHookup
Total Stories1

Other Rooms

Entry Level1

General for 1361 W Vernon Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.45
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking, Park, StreetLights, Suburban, Sidewalks
CountyLos Angeles
Directionson Vernon Ave, off Normandie Ave
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income55680.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Conventional, FHA
Lot Size Square Feet6526.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income33397.0
New ConstructionNo
Number Of Units Total3
Open Parking Spaces3.0
Operating Expense20612.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot7
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 1361 W Vernon Avenue

Building Area Total1892.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1498
Lot Size Area6526.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking3.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $750,000
MLS#SB25065803
List Date 03/26/2025
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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