Updated Financials! 1361 Vernon is a fantastic owner/user or investment opportunity featuring three bungalow style units, consisting of (2) 1-Bed/1-Bath and (1) 2-Bed/1-Bath units. Recent Capital improvements include newly replaced roofs, all-copper plumbing and is separately metered for gas and electricity, ensuring lower operating expenses. This investment opportunity is ideal for any investor with potential ADU opportunities via SB 1211 and 52% rental upside in existing tenants. With one 1-Bed/1-Bath unit delivered vacant by COE, this is ideal for an owner/user as well. Located minutes from USC, BMO Stadium and LA Natural History Museum, 1361 W Vernon is in a rapidly growing submarket of Los Angeles.
MLS # | SB25065803 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1923 |
Days On Site | 108 |
Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | Aaron Jacobson |
SQ Feet | 1,892 |
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Story(s) | 1 |
Units | 3 |
Building(s) | 3 |
Zoning | LARD1.5 |
Acreage | 0.15 |
Lot Features | Zero To One Unit Acre |
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Garage Yes / No | No |
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Sewer | Public Sewer |
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Community Features | Biking, Park, Street Lights, Suburban, Sidewalks |
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State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90037 |
Area | C34 Los Angeles Southwest |