1587 W Vernon Avenue, Los Angeles, CA 90062

About this property

LOOKING FOR BACK UP OFFERS. Perfect for USC student housing. Zoning should allow for an additional unit PLUS an ADU. SELLER WILL PROVIDE THE UNITS VACANT AT COE! Newer large 3-car garage with openers. May be perfect for 3rd unit above and ADU conversion? Easy alley access to garages. Close to downtown LA. Convenient to freeways and public transportation. Large 1 bedroom units with 1.5 baths in each unit. Desirable open floor plan from living room to dining room and kitchen. Crown molding in dining and living rooms. Desirable hardwood floors in living/dining in one unit. Laundry rooms in each unit. Additional paved area with separate gate for RV parking or 2-vehicle parking in tandem. Newer roof still under warranty. Backyard area perfect for garden and gatherings. Additional outside fenced storage area between garage on westerly side. Income/Expense data is estimated. Buyer to make their own Income/Expense forecasts and not rely on "Scheduled" forecast stated in listing info. Cash to new loan, FHA, VA or any other financing works but seller will not carry. Full 3% commission to selling brokerage! Please provide proof of funds and pre-approval for financed transactions.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$696,000

Sold July 2023 · listed $695,000, on market May 2023 · MLS #23274623 · Source: CRMLS

Listing Agent: David Bond · Listing Office: David Bond · Contact: 213-268-2663 · Bought with: Edwin Samayoa · Excellence RE Real Estate

$371,000

Sold October 2016 · listed $389,000, on market October 2016 · MLS #SB16717663 · Source: CRMLS

Listing Agent: Leo Nordine · Listing Office: Nordine Realtors, Inc. · Contact: 310-379-8800 · Bought with: Delicia Dona Folk · Nordine Realtors, Inc.

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