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

home-pic
ACTIVE$675,000
1362 E Vernon Avenue, Los Angeles, California 90011
0Bed
0Bath
1,402Sqft
4,791Lot
Year Built
1913
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
WS25053178
Home ConditionFair
Features
Good View:
Patio
View-

About this home

CHARMING DUPLEX WITH A BONUS SEPARATE DWELLING & DEVELOPMENT POTENTIAL! Welcome to 1362 E Vernon Ave, a prime investment opportunity in the heart of Los Angeles! Whether you’re looking to generate rental income, expand your portfolio, or live in one unit while renting out the others, this versatile duplex with a separate dwelling offers endless potential under LARD 1.5 zoning—a fantastic opportunity for future expansion. This property features 1,402 SqFt of living space across two units, plus an additional separate structure, ideal for an ADU (Accessory Dwelling Unit) or conversion into a third rental unit: • Front Unit: A well-sized 2-bedroom, 1-bathroom home, perfect for an owner-occupant or tenants seeking space. • Middle Unit: A beautifully renovated 1-bedroom, 1-bathroom unit, featuring an open-concept kitchen, dining, and living area, with modern updates and great natural light. • Separate Detached Dwelling: A bonus structure ready for transformation into an ADU, a studio rental, or a private workspace—unlocking even more income potential! Situated on a 4,791 SqFt lot, this property boasts a long driveway with ample parking and a spacious backyard, offering room for multiple vehicles or additional future development. Prime Location for Strong Rental Demand! Located just minutes from USC, Exposition Park, Downtown LA, major freeways, and public transportation, this property sits in a high-demand rental area—ideal for maximizing rental income and long-term appreciation. Don’t miss this rare opportunity! Whether you’re an investor looking to expand your portfolio or a homeowner seeking extra rental income, this duplex + separate dwelling offers unbeatable potential. Schedule a private showing today!

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$675K$710K
40%
Price per square foot$481$349
84%
Built year19131922
40%
HOA
Days on market240167
68%
Condition Rating
Fair

The property was built in 1913. While one unit is renovated, the overall condition appears aged. The exterior and separate dwelling show signs of wear and tear. It requires minor updates or repairs to bring it up to modern standards.
Pros & Cons

Pros

Income Potential: The property features a duplex with an additional separate dwelling, offering multiple income streams through rental opportunities.
Development Potential: LARD 1.5 zoning provides significant potential for future expansion and development on the 4,791 SqFt lot.
Prime Location: Located near USC, Exposition Park, Downtown LA, major freeways, and public transportation, ensuring strong rental demand and appreciation.

Cons

Age of Property: Built in 1913, the property may require ongoing maintenance and potential upgrades due to its age.
Unknown Condition of Bonus Dwelling: The separate detached dwelling requires transformation, and its current condition is not explicitly stated, potentially requiring significant investment.

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