1362 E Vernon Avenue Active

Los Angeles,CA 90011

$ 699000

4 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW24145248

Bedrooms 4

HOA Y/N No

Lot Size 4,791 Sqft

Property Description

Back on the market, at NO Fault to the seller, the Buyer & their agent could not perform. Seller is willing to Finance a portion of the loan! Welcome to 1362 E Vernon Ave, located in the HIGHLY DESIRED & EVER GROWING City of Los Angeles! This is the Perfect INVESTMENT Opportunity YOU have been searching for! This beautifully designed Triplex styled property features 1,402 total building SqFt consisting of a 3 bedroom 1 Bathroom in the first unit, a newly renovated middle unit which features 1 generous sized bedroom, 1 full restroom, a large open airy kitchen, dining and living spaces while the back unit is a nice sized studio ready for you to design how you'd like. Situated on a 4,791 SqFt, LARD 1.5 Zoned Lot with a long driveway and large back yard that can park many cars or possibly build ADU. This is the perfect "live in one, rent out the other's" investment play. Centrally located just minutes from USC, Exposition Park, Downtown Los Angeles, public transportation and all major highways. This property has a ton of potential and is the PERFECT opportunity for either a First Time Buyer or Seasoned Real Estate investor looking to expand his / her portfolio. Act Now! Don't miss this chance of a lifetime!
Back on the market, at NO Fault to the seller, the Buyer & their agent could not perform. Seller is willing to Finance a portion of the loan! Welcome to 1362 E Vernon Ave, located in the HIGHLY DESIRED & EVER GROWING City of Los Angeles! This is the Perfect INVESTMENT Opportunity YOU have been searching for! This beautifully designed Triplex styled property features 1,402 total building SqFt consisting of a 3 bedroom 1 Bathroom in the first unit, a newly renovated middle unit which features 1 generous sized bedroom, 1 full restroom, a large open airy kitchen, dining and living spaces while the back unit is a nice sized studio ready for you to design how you'd like. Situated on a 4,791 SqFt, LARD 1.5 Zoned Lot with a long driveway and large back yard that can park many cars or possibly build ADU. This is the perfect "live in one, rent out the other's" investment play. Centrally located just minutes from USC, Exposition Park, Downtown Los Angeles, public transportation and all major highways. This property has a ton of potential and is the PERFECT opportunity for either a First Time Buyer or Seasoned Real Estate investor looking to expand his / her portfolio. Act Now! Don't miss this chance of a lifetime!

Location

State CA

County Los Angeles

Area Los Angeles (90011)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $35

Acceptable Financing Cash,Conventional

Space Rent $1,770

Listing Terms Cash,Conventional

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