1361 Vernon, Los Angeles CA 90037 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of JOSEPHINE SAN LUCAS of KELLER WILLIAMS LARCHMONT. Last updated 2026-03-02 09:11:31.000000. Listing information © 2025 Sandicor.

Asking Price: $698,000 | ​​​​​​​

1361 Vernon, Los Angeles CA 90037

Community: ​C16 - Mid Los Angeles


This Triplex property was built in 1923 and is priced at $698,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: MB26023686
  • Type: Triplex
  • Year Built: 1923
Three separate units located in Vermont Square with 1 unit VACANT and the 2 bedroom VACANT upon request . Units offer immediate income with upside potential for rent growth or future redevelopment. Perfect for Owner -User or due to zoning flexibility perfect for investors, value-add buyers, and long-term redevelopment strategist. Property feautures a 2 bedroom 1 bath presently collecting $1280 but projected rent is $2500 . A 1 bedroom 1 bath collecting $1188 and a Large -ready to move in 1 bedroom 1 bath thats vacant and can rent for $2000 Recent improvements include new roofs and copper plumbing, enhancing long-term durability and reducing near-term capital expenses. The RD-1.5 zoning, allowing commercial, residential, or mixed-use development, offers the best of both worlds for future development potential while remaining financeable, as rebuild letter is available (buyer to verify). Yet location is residential having a school across the street but its alley access provides for up to 6 parking spaces or a possible future ADU leaving room for growth ! Excellent opportunity to acquire a versatile multi-unit property in a high-demand central Los Angeles location, just minutes from USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, and Downtown LA.

Call or Email Terrence Griffin now to inquire about this property

619-952-0152