702 W Vernon Avenue, Los Angeles 90037

$1,050,000

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7,405

Lot Size

About 702 W Vernon Avenue

STRATEGICALLY LOCATED JUST A MILE FROM THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC)! Welcome to this 6 unit investment opportunity in the heart of Los Angeles! This property is an attractive option for student housing. The area boasts a high walkability score, with numerous dining, shopping, and entertainment options nearby. Public transportation is easily accessible, providing convenient connections throughout the city. The "live in one, rent the others" model offers the potential for steady rental income while maintaining a personal residence within the property. The configuration allows for flexibility in tenant arrangements, catering to a variety of rental needs. Take advantage of this unique opportunity to own a multi-unit property in a vibrant Los Angeles neighborhood. With its prime location and endless possibilities, this property is ready for you to make it your own. Schedule a showing today and explore all that it has to offer!

Features of 702 W Vernon Avenue

MLS® # DW25021564
Price $1,290,000
Sold Price $1,050,000
Bathrooms 0.00
Lot Sqft 7,405
Acres 0.17
Year Built 1924
Type Commercial Sale
Sub-Type Multi Family
Status Closed
# Of Units 39

Community Information

Address 702 W Vernon Avenue
Area 699 - Not Defined
City Los Angeles
County Los Angeles
Zip Code 90037

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 2

Exterior

Lot Description ZeroToOneUnitAcre

Additional Information

Date Listed January 28th, 2025
Date Sold January 23rd, 2026
Days on Market 246
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJuan Carlos Martinez
OfficeJuan Carlos Martinez

Listing Map

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