711 E Vernon Avenue, Los Angeles, CA 90011

About this property

We are pleased to present this 9-unit apartment community located at 711 E Vernon Ave, less than 10 minutes away from Downtown Los Angeles, offered at an 8.13 GRM and 7.81% CAP on current rents with upside potential to achieve a 10.07% CAP and 6.79 GRM with pro forma rents. This opportunity consists of a two-story building offering a total of 5,184 rentable square feet. Built in 1929, the property is situated on a 4,697 square foot LARD1.5 zoned lot with alley access. The unit mix consists of one (1) three bedroom one-bathroom unit and eight (8) one bedroom one-bathroom units with 6 out of 9 units having been renovated. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superiors Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

Listing description from the December 2025 sale, as reported to CRMLS.

Sale history

$1,450,000

Sold December 2025 · listed $1,500,000, on market September 2025 · MLS #25593183 · Source: CRMLS

Listing Agent: Casey Lins · Listing Office: Kidder Mathews of California, Inc. · Contact: 858-369-3010 · Bought with: Juan Michael · Forward Real Estate

$650,000

Sold April 2015 · listed $750,000, on market November 2014 · MLS #SB14248061 · Source: CRMLS

Listing Agent: John Levis · Listing Office: CBRE, Inc. · Contact: 310-363-4900 · Bought with: Martin Muoto · Sola Realtors

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