1634 E Vernon Avenue, Los Angeles, CA 90011

About this property

Actual Current CAP 6.69% with 11.74 GRM. Cash Cow!!! Non-rent controlled Duplex, built in 2007. Both units are occupied by good standing Section 8 tenants. Each with individual washer & dryer, tenants pay all utilities including the water. There is a sub-meter for water by Vitality. Each unit comes with 2 car tandem parking. The lower unit's monthly rent is $2,576 & the upper unit's monthly rent is $2,641. Minutes away to Starbucks, Norms, Northgate market, IN & OUT, Wells Fargo, Bank of America & many more markets & restaurants. Owner only pays for tax, insurance, gardening & maintenance.

Listing description from the March 2021 sale, as reported to CRMLS.

Sale history

$730,000

Sold March 2021 · listed $735,000, on market March 2021 · MLS #21699748 · Source: CRMLS

Listing Agent: Johnny Cho · Listing Office: Compass · Contact: 323-285-3405 · Bought with: Johnny Cho · Compass

$570,000

Sold May 2019 · listed $579,000, on market March 2019 · MLS #SR19062399 · Source: CRMLS

Listing Agent: Martha Carrasco · Listing Office: Keller Williams North Valley · Contact: 818-491-4500 · Bought with: Johnny Cho · Keller Williams Realty Los Fel

$402,000

Sold September 2014 · listed $399,000, on market August 2014 · MLS #DW14178545 · Source: CRMLS

Listing Agent: Jesse Barocio · Listing Office: Century 21 Powerhouse Realty · Contact: 323-562-7777 · Bought with: Martha Carrasco · Keller Williams North Valley

$359,000

Sold September 2012 · listed $359,900, on market July 2012 · MLS #C12093373 · Source: CRMLS

Listing Agent: ALONSO MAGALLANES · Listing Office: OPTION ONE REALTY & INVESTMENT · Contact: 626-974-0147 · Bought with: ALONSO MAGALLANES · OPTION ONE REALTY & INVESTMENT

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