This Multifamily Property is no longer advertised on LoopNet.com.

965 W Vernon Ave
Los Angeles, CA 90037
Upgraded 4-plex Near Downtown LA & USC · Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 3,293 SF
No. Stories 2
Year Built 1932
Parking Ratio 2.43/1,000 SF
Zoning LAC2

Amenities

Site Amenities

  • Gated

About 965 W VERNON AVE , LOS ANGELES, CA 90037

EXCELLENT INVESTMENT OPPORTUNITY! This terrific upgraded 4-unit income property consists of a two story 4-plex plus attached large single story bonus room/storage unit. Lot's of possibilities. It's well located on Vernon Avenue near Expo Line and 110 freeway. It provides good cash flow with huge almost 60% upside potential in rents and very low maintenance. Two of the units have been completely updated. The building has a newer roof, partially updated plumbing and electrical and recently painted exterior. Gated parking for each unit. It could also be purchased together with 153 W Vernon Ave, Los Angeles, CA 90037 - 5 units listed for $799,000. The property is located in fast growing neighborhood of South West Los Angeles near Downtown LA Live Hub, USC, public transportation, new metro lines, schools, libraries, hospitals, shopping centers, entertainment and easy access to all major freeways. Drive by only, subject to interior inspection. Please do not disturb tenants.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $756.00 -

Property Taxes

Property Taxes

Parcel Number
5020-035-015
Land Assessment
$423,894
Improvements Assessment
$288,126
Total Assessment
$712,020
  • Listing ID: 11638449

  • Date on Market: 2/17/2018

  • Last Updated:

  • Address: 965 W Vernon Ave, Los Angeles, CA 90037

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