1247 E Vernon Avenue, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$899,000
1247 E Vernon Avenue, Los Angeles, California 90011
0Bed
0Bath
2,541Sqft
5,112Lot
Year Built
2007
Close
-
List price
$899K
Original List price
$1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
TR24055064
Home ConditionGood
Features
View-
About this home
Great investment opportunity! Ample parking in the rear. Desirable bedroom/bathroom count. Central location and very close to freeways and transportation.
Nearby schools
4/10
Ascot Avenue Elementary School
Public,•K-5•0.3mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.3mi
2/10
Harmony Elementary School
Public,•K-5•0.5mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.5mi
2/10
Hooper Avenue Elementary School
Public,•1-5•0.6mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.6mi
2/10
Aurora Elementary School
Public,•K-5•0.7mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.7mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.8mi
2/10
Holmes Avenue Elementary School
Public,•K-6•0.9mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.1mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.3mi
5/10
Lillian Street Elementary School
Public,•K-6•1.4mi
5/10
Estrella Elementary School
Public,•K-5•1.5mi
5/10
Pacific Boulevard School
Public,•K-5•1.9mi
3/10
George Washington Carver Middle School
Public,•6-8•0.5mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.8mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.1mi
6/10
Vernon City Elementary School
Public,•K-7•1.3mi
3/10
Thomas A. Edison Middle School
Public,•6-8•1.6mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.6mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.4mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.4mi
5/10
Santee Education Complex
Public,•9-12•1.8mi
4/10
Huntington Park Senior High School
Public,•9-12•2.3mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.5mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•3.4mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•3.4mi
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (23 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,541 | 2,022 | 88% |
| Lot Size | 5,112 | 5,364 | 29% |
| Price | $899K | $710K | 88% |
| Price per square foot | $354 | $348.5 | 58% |
| Built year | 2007 | 9615962 | 92% |
| HOA | |||
| Days on market | 595 | 177 | 96% |
Condition Rating
Good
The property was built in 2007, which is within the 10-20 year range for a 'good' condition score. While the exterior visible in the images appears adequately maintained, there's no evidence of recent extensive renovations. The description highlights it as an investment opportunity, suggesting it's move-in ready but may not have high-end finishes or recent updates.
Pros & Cons
Pros
Investment Opportunity: The property is explicitly marketed as a great investment opportunity, suggesting potential for rental income or appreciation.
Ample Parking: The availability of ample parking in the rear is a significant advantage, especially in a dense urban environment like Los Angeles.
Desirable Bedroom/Bathroom Count: The property features a desirable bedroom/bathroom count, likely appealing to a broad range of tenants or buyers.
Central Location: The central location provides convenient access to various amenities, employment centers, and attractions within Los Angeles.
Proximity to Freeways and Transportation: Close proximity to freeways and public transportation enhances accessibility and reduces commute times.
Cons
Price Reduction: The property has experienced a price reduction from its original list price of $1,000,000 to $899,000, which may indicate challenges in attracting buyers at the initial price point.
Property Type: As a duplex, the property may appeal to a smaller pool of buyers compared to single-family homes.
Modified Timestamp: The modified timestamp indicates the listing has been on the market for a while, which could suggest potential issues or require a more aggressive marketing strategy.