205 W Vernon Avenue, Los Angeles, CA 90037

• 3,655 sqft

Property Description

We are pleased to present this 7-unit apartment community located at 205 W Vernon Ave, less than 10 minutes away from Downtown Los Angeles, offered at a 7.22 GRM and 7.08% CAP on current rents with upside potential to achieve an 8.85% CAP and 6.35 GRM with proforma rents. This opportunity consists of a two-story building offering a total of 3,655 rentable square feet. Built in 1907, the property is situated on a 5,881 square foot LAC2 zoned lot with five uncovered parking spaces in the rear. The unit mix consists of one (1) two bedroom one-bathroom unit, three (3) one bedroom one-bathroom units and three (3) studio units with 4 out of 7 units having been renovated. One (1) one bedroom unit will be delivered VACANT. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superiors Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

Listing Status:

Active

Date Added:

December 9, 2025 at 06:00AM

Listing Office:

Kidder Mathews of California, Inc. : 858-369-3010

Listing Agent:

Casey Lins : 714-333-6768

MLS ID:

CL25626981

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAC25111010017

Financial

• Source: CRMLS

This listing courtesy of Casey Lins, Kidder Mathews of California, Inc.