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522 W Vernon Avenue

Los Angeles (City), CA 90037
  • $1,600,000
  • STATUS: Active
  • ON SITE: 140 Days
  • ID#: 25607053
UPDATED: 31 min ago
$1,600,000
  • 9
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,346
    SQFT
  • $478
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Ratings & Info

Listing Agent(s): Shahram Shamounpour of Keller Williams Beverly Hills (310-432-6400)


Description

Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T18:29:54.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/168961746
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522 W Vernon Avenue Los Angeles (City), CA 90037

  • Price: $1,600,000
  • Status: Active
  • On Site: 140 Days
  • Updated: 31 min ago
  • ID#: 25607053
9
Beds
0
Baths
0
½ Baths
0.17
Acres
3,346
SQFT
$478
$/SQFT
1904
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.
Exterior Features

Parking Features Driveway Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Common Walls No Common Walls Flooring Laminate Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association YN No Cap Rate 8 Community Features Gated Gross Income 150000 Laundry Features None Levels Two Listing Agreement Exclusive Right With Exception Listing Service Full Service Net Operating Income 128300 New Construction YN No Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays ADA UpgradesCable TVElectricityGasTrash CollectionWater Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T18:29:54.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Shahram Shamounpour of Keller Williams Beverly Hills (310-432-6400)