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® # | DW25119012 |
|---|---|
| Price | $1,290,000 |
| Sold Price | $1,050,000 |
| Bedrooms | 10 |
| Bathrooms | 6.00 |
| Lot Sqft | 7,408 |
| Acres | 0.17 |
| Year Built | 1924 |
| Type | Residential Income |
| Sub-Type | Single Family Residence |
| Status | Closed |
| # Of Units | 6 |
Community Information
| Address | 702 W Vernon Avenue |
|---|---|
| Area | 699 - Not Defined |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90037 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Off Street |
| Garages | Off Street |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|
Additional Information
| Date Listed | January 28th, 2025 |
|---|---|
| Date Sold | January 23rd, 2026 |
| Days on Market | 127 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Juan Carlos Martinez |
|---|---|
| Office | Juan Carlos Martinez |