1257 W Vernon, Los Angeles, CA 90037
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1257 W Vernon, Los Angeles, CA 90037
1257 W Vernon, Los Angeles, CA 90037
1257 W Vernon, Los Angeles, CA 90037
1257 W Vernon, Los Angeles, CA 90037
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Steve Solis

Steve Solis

+1(619) 368-4321
$ 1,150,000
Est. payment /mo
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Price Dropped by $50K

1257 W Vernon Los Angeles, CA 90037

7 Beds

5 Baths

2,854 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 2,854 sqft

Price per Sqft $402

MLS Listing ID SR26014528

Bedrooms 7

Full Baths 4

Half Baths 1

Year Built 1958

Lot Size 5,501 Sqft

Property Sub-Type All Other Attached

Property Description

ATTENTION INVESTORS!!!Excellent triplex opportunity in the heart of Vermont Square, Los Angeles. This income-producing property offers 2,854 square feet of living space on a 5,501 square foot lot and is conveniently located just 7 minutes from USC, Exposition Park, the Natural History Museum, BMO Stadium, schools, shopping, and dining. The property consists of three units: Front Unit (Delivered Vacant & Fully Remodeled): A spacious 3-bedroom, 2-bathroom home featuring a living room, dining room, and full kitchen. Second Unit Townhome Style (Delivered Vacant & Fully Remodeled): Two levels with a living room, dining room, full kitchen, and half bathroom on the first floor, and 2 bedrooms with a full bathroom on the second floor. This unit includes a one-car attached garage. Third Unit: A 2-bedroom, 1-bathroom unit with a living room, dining area, and full kitchencurrently tenant occupied. The property offers excellent upside potential, with two vacant, remodeled units ready for immediate rental at current market rates, or ideal for an owner-user or house-hacker. Additional features include: Six total parking spaces (five uncovered rear spaces plus the attached garage. Separate electrical meters and gas connections for each unit. Separate water meter for Unit 1; Units 2 & 3 share one water meter. Originally a single-family residence, the property was legally converted into a triplex with permits in 2007.

Location

State CA

County Los Angeles

Direction 10 Freeway, exit on Normandie Ave. South on Normandie, left on W Vernon.

Interior

Cooling N/K, Other/Remarks

Fireplace No

Exterior

Garage Spaces 1.0

View Y/N Yes

Water Access Desc Public

Total Parking Spaces 1

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 5020009030

Acceptable Financing Cash, Cash To Existing Loan, Cash To New Loan, Conventional, FHA, Lease Option, VA

Listing Terms Cash, Cash To Existing Loan, Cash To New Loan, Conventional, FHA, Lease Option, VA

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Luis Moran, DRE#02168121 Global Premier Properties, Inc. 
Co-listed byNON LISTED OFFICE
Steve Solis

Steve Solis

Agent

+1(619) 368-4321

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1257 W Vernon