1362 E Vernon Avenue, Los Angeles, California 90011, Los Angeles, - bed, bath

home-pic
ACTIVE$599,000
1362 E Vernon Avenue, Los Angeles, California 90011
0Bed
0Bath
1,402Sqft
4,791Lot
Year Built
1913
Close
-
List price
$599K
Original List price
$699K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW24145248
Home ConditionFair
Features
View-

About this home

Seller is MOTIVATED! Welcome to 1362 E Vernon Ave, located in the HIGHLY DESIRED & EVER GROWING City of Los Angeles! This is the Perfect INVESTMENT Opportunity YOU have been searching for! This beautifully designed Triplex styled property features 1,402 total building SqFt consisting of a 3 bedroom 1 Bathroom in the first unit, a newly renovated middle unit which features 1 generous sized bedroom, 1 full restroom, a large open airy kitchen, dining and living spaces while the back unit is a nice sized studio ready for you to design how you'd like. Situated on a 4,791 SqFt, LARD 1.5 Zoned Lot with a long driveway and large back yard that can park many cars or possibly build ADU. This is the perfect "live in one, rent out the other's" investment play. Centrally located just minutes from USC, Exposition Park, Downtown Los Angeles, public transportation and all major highways. This property has a ton of potential and is the PERFECT opportunity for either a First Time Buyer or Seasoned Real Estate investor looking to expand his / her portfolio. Act Now! Don't miss this chance of a lifetime!

Nearby schools

4/10
Ascot Avenue Elementary School
Public,K-50.1mi
3/10
Sally Ride Elementary: A Smart Academy
Public,K-50.4mi
2/10
Hooper Avenue Elementary School
Public,1-50.6mi
2/10
Harmony Elementary School
Public,K-50.6mi
3/10
Wadsworth Avenue Elementary School
Public,K-50.6mi
4/10
Nevin Avenue Elementary School
Public,K-50.6mi
2/10
Aurora Elementary School
Public,K-50.7mi
2/10
Forty-Ninth Street Elementary School
Public,K-50.7mi
2/10
Holmes Avenue Elementary School
Public,K-60.8mi
4/10
Quincy Jones Elementary School
Public,K-51.0mi
3/10
Twenty-Eighth Street Elementary School
Public,K-51.2mi
5/10
Twentieth Street Elementary School
Public,K-51.3mi
5/10
Lillian Street Elementary School
Public,K-61.3mi
5/10
Estrella Elementary School
Public,K-51.6mi
5/10
Pacific Boulevard School
Public,K-51.8mi
3/10
George Washington Carver Middle School
Public,6-80.6mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,6-80.8mi
3/10
Los Angeles Academy Middle
Public,6-81.1mi
6/10
Vernon City Elementary School
Public,K-71.1mi
3/10
Thomas A. Edison Middle School
Public,6-81.5mi
3/10
Henry T. Gage Middle School
Public,6-82.5mi
2/10
Thomas Jefferson Senior High School
Public,9-120.4mi
3/10
Nava College Preparatory Academy
Public,9-120.4mi
5/10
Santee Education Complex
Public,9-121.9mi
4/10
Huntington Park Senior High School
Public,9-122.1mi
3/10
John C. Fremont Senior High School
Public,9-122.6mi
5/10
STEM Academy of Boyle Heights HS
Public,9-123.3mi
5/10
Felicitas And Gonzalo Mendez High
Public,9-123.4mi

Price History

Date
Event
Price
04/21/25
Sold
$535,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds00
Baths00
Square foot1,4021,988
12%
Lot Size4,7915,363
8%
Price$599K$710K
16%
Price per square foot$427$349
68%
Built year19131922
40%
HOA
Days on market478167
96%
Condition Rating
Fair

The property was built in 1913. While one unit is newly renovated, the others appear dated. The kitchens and bathrooms in the unrenovated units likely require updates. The overall condition suggests the property has been maintained but is aged and requires some updates to bring it to modern standards.
Pros & Cons

Pros

Investment Opportunity: The property is a triplex with potential for rental income, ideal for investors looking to expand their portfolio.
Location: Centrally located near USC, Exposition Park, Downtown Los Angeles, public transportation, and major highways, offering convenient access to amenities and employment centers.
Development Potential: The large lot size (4,791 SqFt) with LARD 1.5 zoning offers potential for ADU construction, increasing property value and rental income.

Cons

Age: Built in 1913, the property may require ongoing maintenance and potential upgrades due to its age.
Studio Unit Condition: The back unit is a studio and requires design work, potentially incurring additional costs for renovation.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State