Fourplex
Listing Agent: Joshua McIntire (DRE #01851216) · Listing Office: McIntire Real Estate Inc. · Contact: 818-618-7990 · Bought with: Jaime Orozco · Modern Reailty · MLS #AR26037826 · Source: CRMLS
458 W Vernon sold for $805,000 in October 2026, 1.3% over its $795,000 list price, after 176 days on the market. It was first listed at $995,000. Across 83 closed sales in 90037 over the last 12 months, the median sold price is $705,000 and the median is $440 per square foot.
| Quarter | Closed sales in 90037 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $645,000 |
| Q2 2026 | 43 | $720,000 |
| Q3 2026 | 29 | $720,000 |
| Q4 2026 | 4 | $500,000 |
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 90037
Major Price Reduction! Updated quadruplex with previously approved ADU expansion plans in the high-growth USC / Exposition Park corridor. Positioned on a prominent signalized corner at Vernon and Figueroa with immediate access to the 110 Freeway, this LAC2-zoned asset offers a rare combination of current income, operational upgrades, and long-term redevelopment potential. The property has undergone significant improvements, including reglazed tubs and showers, upgraded plumbing components, gas line repairs and seismic valve work, refreshed interiors, and multiple system upgrades completed during recent unit turns, resulting in strong long term potential and reduced deferred maintenance. The property is fully occupied with two tenants, delivering immediate cash flow with upside through rental growth and ADU expansion. Previously approved plans allow for two additional 3-bedroom, 2-bath ADUs, creating a clear path to increased density and improved long-term returns. With C2 zoning flexibility, investors may also explore alternative redevelopment strategies consistent with the evolving South Figueroa corridor. Located minutes from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown Los Angeles, the property benefits from strong transit connectivity, walkability, and continued neighborhood revitalization. Separate electric and gas meters support efficient operations, while the corner lot exposure enhances long-term land value. Ideal for investors seeking a great income property today with defined upside through expansion, repositioning, or redevelopment in one of Los Angeles’ most active growth corridors.
Listing description from the October 2026 sale, as reported to CRMLS.
Closed sales reported in 90037, nearest first, last 12 months. All recent sales in Los Angeles →