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  • 1474 W Vernon Avenue

1474 W Vernon Avenue, Los Angeles, CA 90062

$998,000 Approx. USD 5 beds, 3 baths
2,263 sqft

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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


Jennifer Stein | Jen@JenSteinRealty.com
Lic#: 01786020
Broker: Courtesy of Keller Williams Realty Santa Barbara
Phone: 805-319-5866

Agent Remarks

Seller will consider buying down interest rate to approximately 4.5% for the first year! Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong 6 % Cap Rate with additional rent upside potential. The property features two spacious 2-bed / 1-bath units and one 1-bed/1 bath unit. Significant upgrades completed within the last 3 years include newer flooring, newer kitchens and bathrooms, fresh interior paint, new water heaters, plumbing improvements, waste line replacement, and one new wall heater. Current rents provide stable income with the opportunity to increase returns through market rent adjustments and continued unit optimization. Ideal for both seasoned and 1031-exchange investors seeking value-add potential in a high-demand rental area. One of the 2 bedroom units can be delivered vacant.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26638505
List price is $998,000 Reduced by $191,000 on 6/2/2026
Price: $998,000
Beds: 5
Baths: 3
Built in 1911
2,263 sqft
2 stories
0.13 acres
Lot size: 0.1313
County: Los Angeles
Property style: Craftsman
Zoning: LARD1.5
Appliances: Refrigerator
Parking description: Uncovered
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C34 - Los Angeles Southwest

Last Updated: 6/26/2026

 Days On Market (DOM): 160

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

The style of this listing is Craftsman.
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Lat/Long: 34.003426, -118.302841.
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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
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23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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