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458 W Vernon, Los Angeles, CA 90037

Fourplex

458 W Vernon, Los Angeles, CA 90037 Sold October 2026 CRMLS
$805,000Sold October 2026

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

5,008 sqft
Lot Size
1911
Year Built
Fourplex
Type
2
Stories
0
Garage
WallFurnace
Heating

How this sale compares

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.

$440
90037 median per sq ft (12 mo)
$705,000
90037 median sold price (12 mo)
83
Closed sales in 90037 (12 mo)
176
Days on market
+1.3%
Sold vs. list price
QuarterClosed sales in 90037Median sold price
Q1 20267$645,000
Q2 202643$720,000
Q3 202629$720,000
Q4 20264$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

Description

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.

Sale history

$805,000
Sold October 2026 · listed $795,000, orig. $995,000, on market February 2026, 176 days on market · MLS #AR26037826 · Source: CRMLS
Listing Agent: Joshua McIntire · Listing Office: McIntire Real Estate Inc. · Contact: 818-618-7990 · Bought with: Jaime Orozco · Modern Reailty

Recent sales near 458 W Vernon

Closed sales reported in 90037, nearest first, last 12 months. All recent sales in Los Angeles →

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