1361 W Vernon Avenue, Los Angeles, CA 90037
Triplex
Sold April 2026
Listing Agent: JOSEPHINE SAN LUCAS (DRE #01308257) · Listing Office: KELLER WILLIAMS LARCHMONT · Contact: 562-843-8748 · Bought with: Emery Willis · Trustworthy Realty Inc. · MLS #MB26023686 · Source: CRMLS
About this triplex
Three separate units located in Vermont Square with 2 units DELIVERED VACANT . One unit offers immediate income with upside potential for rent growth or future redevelopment. Perfect for Owner -User or due to zoning flexibility perfect for investors, value-add buyers, and long-term redevelopment strategist. Property feautures a 2 bedroom 1 bath house that will be delivered vacant and has a projected rent of $2500 ! . A 1 bedroom 1 bath collecting rent and a Large -ready to move in -already vacant 1 bedroom 1 bath that can rent for $2000 Recent improvements include new roofs , copper plumbing and tankless water heaters enhancing long-term durability and reducing near-term capital expenses. The RD-1.5 zoning, allowing commercial, residential, or mixed-use development, offers the best of both worlds for future development potential while remaining financeable, as rebuild letter is available (buyer to verify). Yet location is residential having a school across the street but its alley access provides for up to 6 parking spaces or a possible future ADU leaving room for growth ! Excellent opportunity to acquire a versatile multi-unit property in a high-demand central Los Angeles location, just minutes from USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, and Downtown LA.
Listing description from the April 2026 sale, as reported to CRMLS.
Sale history