Listing provided courtesy of Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-04-29 08:12:03.000000. Listing information © 2024 Sandicor.
Asking Price: $750,000 |
1361 Vernon, Los Angeles CA 90037
Community: C34 - Los Angeles Southwest
This Triplex property was built in 1923 and is priced at $750,000. Please see the additional details below.
1361 Vernon is a fantastic owner/user or investment opportunity featuring three bungalow style units, consisting of (2) 1-Bed/1-Bath and (1) 2-Bed/1-Bath units. Recent Capital improvements include newly replaced roofs, all-copper plumbing and is separately metered for gas and electricity, ensuring lower operating expenses. This investment opportunity is ideal for any investor with potential ADU opportunities via SB 1211 and 52% rental upside in existing tenants. With one unit delivered vacant by COE, this is ideal for an owner/user as well.
Located minutes from USC, BMO Stadium and LA Natural History Museum, 1361 W Vernon is in a rapidly growing submarket of Los Angeles.