Back to Search Nalren

$1,450,000

FOR SALE
Active

522 W Vernon Avenue

Los Angeles, CA

MLS# 25607053

3,346 Sq Ft9bd • 5ba
386 days on marketNalren refreshed

Listing Agent

Shahram Shamounpour

Listing Agent

Keller Williams Beverly Hills

DRE #: 02122389

(310) 432-6400

Brokerage: Keller Williams Beverly Hills

Property Details

9

Bedrooms

5

Bathrooms

3,346 sqft

Square Feet

1904

Year Built

7,248 sqft

Lot Size

$433

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.

Facts & Features

Interior

Laundry Features
None
Flooring
Laminate

Exterior

Private Pool
No

Building

Year Built
1904
Living Area
3,346 sqft
Building Area Total
3,346
Levels
Two
Property Condition
Updated Remodeled
Stories Total
0

Utilities

Heating
Wall Furnace

Parking

Parking Features
Driveway
Parking Total
4

Community / HOA

HOA
No

Sale history for 522 W Vernon Avenue

  • Sold $1,060,000 in March 2022 · MLS #NP21204312 · Source: CRMLS
  • Sold $302,000 in May 2014 · MLS #PW14058947 · Source: CRMLS

Similar Listings

Recent sales near 522 W Vernon Avenue

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