2
Bedrooms
Sold for $696,000 · Jul 2023
SOLDListed at $695,000
1587 W Vernon Avenue, Los Angeles, CA 90062
Los Angeles, CA
MLS# 23274623
1,626 Sq Ft • Property2bd • 3ba
8 days on market
Listing Agent
David Bond
Listing Agent
David Bond
DRE #: 00580597
Brokerage: David Bond
Property Details
3
Bathrooms
1,626 sqft
Square Feet
1927
Year Built
4,982 sqft
Lot Size
$428
Price/Sq Ft
3
Garage Spaces
N/A
HOA
Property
Property Type
Description
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.
Facts & Features
Details
- Stories
- 2
- Cooling
- None
- Heating
- WallFurnace
Natural Hazard Information
Earthquake data is shown from a real public source (USGS)
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Sale history for 1587 W Vernon Avenue
2 recorded sales
$696,000
Sold July 2023 · listed $695,000, on market May 2023, 8 days on market · 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, 1 days on market · 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.
How this sale compares
1587 W Vernon Avenue sold for $696,000 in July 2023, 0.1% over its $695,000 list price, after 8 days on the market. That works out to $428 per square foot on 1,626 square feet. Across 79 closed sales in 90062 over the last 12 months, the median sold price is $785,000 and the median is $502 per square foot, 17% above this sale's $428. 2-bedroom rentals in 90062 currently list at a median of $2,450 a month (8 listings).
$428
This sale, per sq ft
$502
90062 median per sq ft (12 mo)
$785,000
90062 median sold price (12 mo)
79
Closed sales in 90062 (12 mo)
8
Days on market
+0.1%
Sold vs. list price
| Quarter | Closed sales in 90062 | Median sold price |
|---|---|---|
| Q1 2026 | 10 | $819,000 |
| Q2 2026 | 39 | $807,500 |
| Q3 2026 | 26 | $759,500 |
| Q4 2026 | 4 | $580,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90062
Recent sales near 1587 W Vernon Avenue
Sold $574,000SOLD3bd2ba1,598 sqft1555 W Vernon AvenueSold Jul 2026 · 0.1 miRodeo Realty- Brentwood | DRE #00959668Buyer's agent: George Pulido, TCB Real Estate Services | DRE #01962961
Sold $375,000SOLD5bd4ba3,128 sqft4305 S Harvard BoulevardSold Aug 2026 · 0.1 miEquity Union | DRE #01776328Buyer's agent: Teresa Mack, Pacific Playa Realty | DRE #01766118
Sold $1,640,000SOLD4bd16ba8,820 sqft1628 W 45th StreetSold Aug 2026 · 0.1 miCompass | DRE #01984555Buyer's agent: George Morales, Compass | DRE #01984555
Sold $1,010,000SOLD4bd2ba1,822 sqft1527 W 45th StreetSold May 2026 · 0.1 miCompass | DRE #02051690Buyer's agent: Sonia Hernandez, Wallstreet Realty | DRE #01492506
Sold $650,000SOLD4bd2ba2,300 sqft1826 W 46th StSold Jun 2026 · 0.2 miCentury 21 Allstars | DRE #01958829Buyer's agent: Vincent Le, Coldwell Banker Envision | DRE #02010778
Sold $800,000SOLD1496 W Vernon AvenueSold Jul 2026 · 0.2 miLuxury Collective | DRE #01808489Buyer's agent: Antonio Beltran, Sunrise Acceptance Corp. | DRE #01189304
Sold $617,000SOLD3bd1ba1,406 sqft1724 W 43rdSold May 2026 · 0.2 miCALIFORNIA 5 STAR REALTY | DRE #01320847Buyer's agent: Jared Hennessy, Prophet 5 Inc | DRE #02112704
Sold $800,000SOLD3bd2ba1,191 sqft4182 Denker AvenueSold Aug 2026 · 0.3 miEquity Union | DRE #01990429Buyer's agent: Fredy Figueroa, El Camino Realty & Associates | DRE #02153022
Closed sales reported in 90062, nearest first, last 12 months. All recent sales in Los Angeles →
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CRMLS
MLS# 23274623
Listed: 5/31/2023
© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 7/19/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.
Listed by: David Bond
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.