See all 32 photos
$1,200,000
Est. payment /mo
7 Beds
5 Baths
2,854 SqFt
New
1257 W Vernon Los Angeles, CA 90037
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Key Details
Property Type Condo
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 2,854 sqft
Price per Sqft $420
MLS Listing ID SR26014528
Bedrooms 7
Full Baths 4
Half Baths 1
Year Built 1958
Lot Size 5,501 Sqft
Property Sub-Type All Other Attached
Property Description
ATTENTION INVESTORS!!!Excellent triplex opportunity in the heart of Vermont Square, Los Angeles. This income-producing property offers 2,854 square feet of living space on a 5,501 square foot lot and is conveniently located just 7 minutes from USC, Exposition Park, the Natural History Museum, BMO Stadium, schools, shopping, and dining. The property consists of three units: Front Unit (Delivered Vacant & Fully Remodeled): A spacious 3-bedroom, 2-bathroom home featuring a living room, dining room, and full kitchen. Second Unit Townhome Style (Delivered Vacant & Fully Remodeled): Two levels with a living room, dining room, full kitchen, and half bathroom on the first floor, and 2 bedrooms with a full bathroom on the second floor. This unit includes a one-car attached garage. Third Unit: A 2-bedroom, 1-bathroom unit with a living room, dining area, and full kitchencurrently tenant occupied. The property offers excellent upside potential, with two vacant, remodeled units ready for immediate rental at current market rates, or ideal for an owner-user or house-hacker. Additional features include: Six total parking spaces (five uncovered rear spaces plus the attached garage. Separate electrical meters and gas connections for each unit. Separate water meter for Unit 1; Units 2 & 3 share one water meter. Originally a single-family residence, the property was legally converted into a triplex with permits in 2007.
Location
State CA
County Los Angeles
Direction 10 Freeway, exit on Normandie Ave. South on Normandie, left on W Vernon.
Interior
Cooling N/K, Other/Remarks
Fireplace No
Exterior
Garage Spaces 1.0
View Y/N Yes
Water Access Desc Public
Total Parking Spaces 1
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Tax ID 5020009030
Acceptable Financing Conventional, FHA, Lease Option
Listing Terms Conventional, FHA, Lease Option
Special Listing Condition Standard

Listed by Luis Moran Global Premier Properties, Inc.
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