Nalren
Open in App

4-Bedroom ResidentialIncome — 186 E Vernon Avenue, Los Angeles, CA

$699,000

186 E Vernon Avenue, Los Angeles, CA

$699,000 — 186 E Vernon Avenue, Los Angeles, CA — photo 1 $699,000 — 186 E Vernon Avenue, Los Angeles, CA — photo 2 $699,000 — 186 E Vernon Avenue, Los Angeles, CA — photo 3 $699,000 — 186 E Vernon Avenue, Los Angeles, CA — photo 4 $699,000 — 186 E Vernon Avenue, Los Angeles, CA — photo 5
View in Nalren App Get the App

About this property

Stable, fully occupied three-unit income property located close to USC and Downtown L.A. The property consists of three residential units across two separate buildings on a large 6,921-square-foot lot zoned C2-1VL with future development potential. The unit mix includes two 1-bedroom/1-bath units (one of them Section 8) and one unit 3-bedroom/1 bath, providing strong rental income. The South Los Angeles market continues to benefit from proximity to Downtown LA, USC, Exposition Park, and major transit infrastructure. Adjacent to the signalized corner of San Pedro Place and Vernon Avenue, with the future potential of a broad range of commercial uses by-right and TOC Tier 2 Designation, offering a significant density bonus potential for qualified affordable housing projects.

Property details

Bedrooms
4
Bathrooms
4
Square feet
2,247
Year built
1921
Property type
ResidentialIncome

Location

186 E Vernon Avenue • Los Angeles, CA 90011

More homes for sale and rent in Los Angeles, CA →

Listed by

Darin Spillman · Kidder Mathews of California, Inc.

Listing courtesy of Kidder Mathews of California, Inc.. Information deemed reliable but not guaranteed.

View this listing and thousands more on Nalren — the modern way to discover and connect on real estate.

Are you a local professional? Get found and booked on Nalren.