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

home-pic
ACTIVE$699,000
415 E Vernon Avenue, Los Angeles, California 90011
0Bed
0Bath
1,641Sqft
4,819Lot
Year Built
1905
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW25088349
Home ConditionPoor
Features
ViewNeighborhood

About this home

Excellent investment opportunity in the heart of Los Angeles! This detached duplex features two units on a 4,819 sq-ft lot, offering both versatility and potential. The front unit is a spacious 2-bedroom, 1-bathroom home, while the rear unit is a spacious 1-bedroom, 1-bathroom residence. Both units are fully detached, providing privacy and flexibility for owner-occupants. Convenient car parking is available at the rear of the property, accessible via an alley entrance. Strategically located near the 110 freeway, this property offers easy access to downtown LA, just 6 miles from Exposition Park and USC.

Nearby schools

4/10
Ricardo Lizarraga Elementary School
Public,K-50.4mi
3/10
Trinity Street Elementary School
Public,K-50.5mi
2/10
Forty-Ninth Street Elementary School
Public,K-50.6mi
2/10
Harmony Elementary School
Public,K-50.6mi
5/10
West Vernon Avenue Elementary School
Public,K-50.7mi
3/10
Sally Ride Elementary: A Smart Academy
Public,K-50.7mi
3/10
Wadsworth Avenue Elementary School
Public,K-50.7mi
/10
Maple Primary Center
Public,K-10.8mi
4/10
Quincy Jones Elementary School
Public,K-50.9mi
5/10
Dolores Huerta Elementary School
Public,K-51.1mi
3/10
Twenty-Eighth Street Elementary School
Public,K-51.1mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,K-51.1mi
5/10
Menlo Avenue Elementary School
Public,K-51.2mi
/10
Dr. James Edward Jones Primary Center
Public,K-21.3mi
4/10
Nevin Avenue Elementary School
Public,K-51.4mi
5/10
Twentieth Street Elementary School
Public,K-51.7mi
5/10
San Pedro Street Elementary School
Public,K-51.9mi
2/10
John W. Mack Elementary School
Public,K-52.1mi
4/10
Norwood Street Elementary School
Public,K-52.2mi
3/10
George Washington Carver Middle School
Public,6-80.5mi
3/10
William Jefferson Clinton Middle School
Public,6-81.1mi
4/10
John Adams Middle School
Public,6-81.3mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,6-81.4mi
2/10
John Muir Middle School
Public,6-81.8mi
2/10
Barack Obama Global Preparation Academy
Public,6-82.3mi
2/10
Thomas Jefferson Senior High School
Public,9-121.1mi
3/10
Nava College Preparatory Academy
Public,9-121.1mi
3/10
Manual Arts Senior High School
Public,9-121.3mi
5/10
Santee Education Complex
Public,9-121.7mi
4/10
West Adams Preparatory High School
Public,9-122.7mi

Price History

Date
Event
Price
04/23/25
Listing
$699,000
03/15/07
Sold
$515,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (23 Listings)
Beds00
Baths00
Square foot1,6411,988
25%
Lot Size4,8195,364
21%
Price$699K$705K
50%
Price per square foot$426$348.5
71%
Built year19059610962
13%
HOA
Days on market196178
58%
Condition Rating
Poor

Built in 1905, this property's exterior shows significant age and neglect, with faded paint, an old roof, and security bars. The absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very outdated and poor condition, requiring substantial repairs and rehabilitation. The property likely needs extensive system replacements and major cosmetic overhauls to meet modern living standards.
Pros & Cons

Pros

Income-Generating Duplex: This property is explicitly marketed as an 'Excellent investment opportunity' and is a duplex, offering immediate income potential from two separate units.
Prime Los Angeles Location: Strategically located 'in the heart of Los Angeles,' near the 110 freeway, providing easy access to downtown LA, Exposition Park, and USC.
Detached Units for Privacy: Both units are fully detached, a significant advantage for a duplex, offering enhanced privacy and flexibility for occupants compared to attached units.
Versatile Living/Rental Options: The configuration of a 2-bedroom and a 1-bedroom unit provides versatility for owner-occupancy with rental income, multi-generational living, or full rental investment.
Convenient Off-Street Parking: The availability of convenient car parking at the rear, accessible via an alley entrance, is a valuable asset in a dense urban area like Los Angeles.

Cons

Advanced Age of Property: Built in 1905, the property is over a century old, suggesting potential for outdated infrastructure (plumbing, electrical) and significant deferred maintenance.
Potential for High Renovation Costs: Given its age and framing as an 'investment opportunity,' the property likely requires substantial capital expenditure for necessary upgrades and renovations to maximize its value and appeal.
Modest Unit Sizes: With a total of 1641 sqft split between a 2-bedroom and a 1-bedroom unit, the individual unit sizes may be considered modest, potentially limiting appeal to tenants seeking larger living spaces.

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