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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.
Property Type(s):
Residential Income
| Last Updated | 3/26/2025 | Year Built | 1923 |
|---|---|---|---|
| Community | Los Angeles Southwest | County | Los Angeles |
Additional Details
| AREA | Los Angeles Southwest |
|---|---|
| LOT | 6526 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
| ZONING | LARD1.5 |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
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