$1,600,000

522 W Vernon Avenue, Los Angeles, CA 90037

9 beds
3,346 sqft

other
Built in 1904
7,405sqft lot
—— car garage
$478/sqft
Listed 2 months ago

Property 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.

Listing Status:: Active
Date Added:: October 16, 2025 at 05:00AM
Listing Office:: Keller Williams Beverly Hills : 310-432-6400
Listing Agent:: Shahram Shamounpour : 424-313-2744
MLS ID:: CL25607053

Laundry: No Hookups
Flooring: Laminate
Heating: Wall Furnace

Parking: Other

Originating MLS: CRMLS
County: Los Angeles

Zoning: LAC25018033017
View: City Lights

Source: CRMLS

This listing courtesy of Shahram Shamounpour, Keller Williams Beverly Hills

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

West Vernon Avenue Elementary

4312 S Grand Ave, Los Angeles, CA, 90037

Grades KG-5

0.22 miles away

William Jefferson Clinton Middle School

3500 S Hill St, Los Angeles, CA, 90007

Grades 6-8

1.10 miles away

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.