$1,600,000

522 W Vernon Avenue, Los Angeles, CA 90037

  • 9 beds |
  • 5 baths |
  • 3,346 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1904
  • Property Lot Size Icon7,248sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $478/sqft
  • Property List Date Icon Listed 8 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
Data Last Updated:
July 5, 2026 at 7:17AM
Listing Office:
Keller Williams Beverly Hills : 310-432-6400
Listing Agent:
Shahram Shamounpour : 424-313-2744
MLS ID:
25607053
  • Laundry: None
  • Flooring: Laminate
  • Heating: Wall Furnace
  • General: None
  • Pool: None
  • Parking: DrivewayParking spaces: 4
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAC25018033017
  • View: City LightsView
  • Source: CRMLS_CL

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

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