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CHARMING DUPLEX WITH A BONUS SEPARATE DWELLING & DEVELOPMENT POTENTIAL!Welcome to 1362 E Vernon Ave, a prime investment opportunity in the heart of Los Angeles! Whether you’re looking to generate rental income, expand your portfolio, or live in one unit while renting out the others, this versatile duplex with a separate dwelling offers endless potential under LARD 1.5 zoning—a fantastic opportunity for future expansion.This property features 1,402 SqFt of living space across two units, plus an additional separate structure, ideal for an ADU (Accessory Dwelling Unit) or conversion into a third rental unit: • Front Unit: A well-sized 3-bedroom, 1-bathroom home, perfect for an owner-occupant or tenants seeking space. • Middle Unit: A beautifully renovated 1-bedroom, 1-bathroom unit, featuring an open-concept kitchen, dining, and living area, with modern updates and great natural light. • Separate Detached Dwelling: A bonus structure ready for transformation into an ADU, a studio rental, or a private workspace—unlocking even more income potential!Situated on a 4,791 SqFt lot, this property boasts a long driveway with ample parking and a spacious backyard, offering room for multiple vehicles or additional future development.Prime Location for Strong Rental Demand!Located just minutes from USC, Exposition Park, Downtown LA, major freeways, and public transportation, this property sits in a high-demand rental area—ideal for maximizing rental income and long-term appreciation.Don’t miss this rare opportunity! Whether you’re an investor looking to expand your portfolio or a homeowner seeking extra rental income, this duplex + separate dwelling offers unbeatable potential.Schedule a private showing today!
Property Type(s):
Residential Income
| Last Updated | 3/10/2025 | Year Built | 1913 |
|---|---|---|---|
| Community | Downtown L.A. | County | Los Angeles |
Additional Details
| AREA | Downtown L.A. |
|---|---|
| LOT | 4791 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 KELLER WILLIAMS PREMIER PROPER
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