$699,000
 $3,752 est/mo Sourced by Back At You

186 E Vernon Avenue,Los Angeles, CA 90011

Los Angeles, CA 90011

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Description

Stable, fully occupied three-unit income property located close to USC and Downtown L.A. The property consists of three residential units across two separate buildings on a large 6,921-square-foot lot zoned C2-1VL with future development potential. The unit mix includes two 1-bedroom/1-bath units (one of them Section 8) and one unit 3-bedroom/1 bath, providing strong rental income. The South Los Angeles market continues to benefit from proximity to Downtown LA, USC, Exposition Park, and major transit infrastructure. Adjacent to the signalized corner of San Pedro Place and Vernon Avenue, with the future potential of a broad range of commercial uses by-right and TOC Tier 2 Designation, offering a significant density bonus potential for qualified affordable housing projects.

Details

MLS #26848321
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1921
Days On Site76
Listing Provided ByKidder Mathews of California, Inc. | Darin Spillman

Features

Bed(s)4
Bath(s)4
SQ Feet2,247
Story(s)1
Units3
Building(s)2
ZoningLAC2
Acreage0.16

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo

Parking

Attached Garage Yes / NoNo
Parking FeaturesUncovered

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$699,000
low | high
Med:
$929,000
17.095851216023% of Average
sqft:
2,247
low | high
Med:
5,454
92.723631508678% of Average
$ / sqft:
$311
low | high
Med:
$184
90.87945621803% of Average
On site:
76
low | high
Med:
173
43.93063583815% of Average
Sourced by Back At You

Market Activity 90011

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Learn More About This Property

Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$699,000
low | high
Med:
$929,000
17.095851216023% of Average
sqft:
2,247
low | high
Med:
5,454
92.723631508678% of Average
$ / sqft:
$311
low | high
Med:
$184
90.87945621803% of Average
On site:
76
low | high
Med:
173
43.93063583815% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $524K - $873K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
4416 S San Pedro Street Property Photo 1
$1,190,000
4416 S San Pedro Street
Los Angeles, CA 90011
300 E 42nd Place Property Photo 1
$649,000
300 E 42nd Place
Los Angeles, CA 90011
4216 WOODLAWN Avenue Property Photo 1
$980,000
4216 Woodlawn Avenue
Los Angeles, CA 90011
Listing Updated: August 21, 2026 at 11:07:40 PM PDT
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