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  • 1467 W Vernon

1467 W Vernon, Los Angeles, CA 90062

$845,000 Approx. USD 0 beds, 0 baths

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Photo of Art Rivera

Art Rivera REALTOR® - Broker Associate 949-230-8303 m
949-644-6200 o
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com Text Me
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Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
Phone: 949-644-6200
Fax: 949-640-7429
 Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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Listing Agent


Sebastian Stofenmacher | ss@edgestonere.com
Lic#: 01328684
Broker: Courtesy of Edgestone Real Estate, Inc.
Phone: 213-273-4845

Agent Remarks

A well-located 4-unit income property in the Vermont Square neighbourhood of South Los Angeles, offering 3,372 square feet of building area on a 7,369 square foot lot with ample rear parking, a rare and practical asset in this pocket of the city. The building features three 1-bedroom units and one 3-bedroom unit, with the 3-bedroom unit to be delivered vacant at close of escrow, providing an immediate opportunity to set market rents from day one. The oversized lot and ample rear parking present compelling long-term development potential, buyers should explore the feasibility of adding ADUs to the rear of the lot or pursuing a lot split under the California Subdivision Map Act, which may allow the parcel to be subdivided and developed with additional units, subject to city approval and zoning verification. Buyer to independently verify all development potential with the City of Los Angeles Planning Department. Situated just 2.6 miles from USC and close to the 10 and 110 freeways, the location offers strong tenant demand drivers. The Expo/Western Metro station is approximately 1.4 miles away, and Exposition Park, the Natural History Museum, and the California Science Center are all within five miles. A solid asset with in-place income, a vacant unit ready to reposition, and meaningful long-term upside on an oversized lot.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# PW26106307
List price is $845,000 Reduced by $50,000 on 6/16/2026
Price: $845,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1914
2 stories
0.17 acres
Lot size: 0.1692
County: Los Angeles
Lot description: ZeroToOneUnitAcre
MLS area: C34 - Los Angeles Southwest

Last Updated: 6/16/2026

 Days On Market (DOM): 60

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This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 34.004002, -118.302720.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Art Rivera

Art Rivera REALTOR® - Broker Associate 949-230-8303 m
949-644-6200 o
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com
Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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