522 W Vernon Avenue,Los Angeles, CA 90037
Los Angeles, CA 90037
Description
Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.
Details
| MLS # | 25607053 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1904 |
| Days On Site | 315 |
| Listing Provided By | Keller Williams Beverly Hills | Shahram Shamounpour |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,346 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | LAC2 |
| Acreage | 0.17 |
| Property View | Yes |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Security Features | Gated Community |
|---|
Parking
| Parking Features | Driveway |
|---|
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C42 Downtown L.A. |
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C42 Downtown L.A. |
