9-Bedroom ResidentialIncome — 522 W Vernon Avenue, Los Angeles, CA
$1,600,000
522 W Vernon Avenue, Los Angeles, CA
About this property
Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.
Property details
Location
522 W Vernon Avenue • Los Angeles, CA 90037
Listed by
Shahram Shamounpour · Keller Williams Beverly Hills