16
See all 16 photos
$969,900
Est. payment /mo
5 Beds
4 Baths
5,502 Sqft Lot
Price Dropped by $5K
1945 W Vernon Los Angeles, CA 90062
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26045448
Bedrooms 5
Lot Size 5,502 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exciting Price Reduction: 1945 W Vernon Ave,6.31% In-Place Cap, 7.79% Pro Forma | Owner-User The property consists of three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath. One unit offers the opportunity to live in one and lease the others. One unit is available for showing by appointment. Please do not disturb tenants. Seller is motivated and actively seeking a near-term transaction! Flexible on structure and willing to consider terms that can materially improve buyer economics, depending on the offer. Buyers' agents are encouraged to contact me directly to discuss exciting potential structuring options and additional considerations. All offers are subject to interior inspection. Submit with proof of funds and pre-approval. Contact the listing agent for OM, rent roll, and additional financials. Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside offering both strong current yield and operational growth potential in one of Los Angeles most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From 110 Fwy West on Vernon
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5022009011
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Virtual Tour https://www.wellcomemat.com/video/5c7t377ce3dd1mh3u/LA/CA/90062/W-Vernon/PW26045448/
Listed by Gustavo Arias, DRE#01889399 First Team Real Estate
Nearby School & Business
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