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$ 1,200,000
Est. payment /mo
Active
458 W Vernon Avenue Los Angeles, CA 90037
6 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25141126
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
Fully renovated 4-unit income property with approved ADU plans near USC and Exposition Park! Rare corner location adjacent to freeway access. All four units have been recently renovated and are occupied with new tenants, making this a turnkey investment opportunity. Zoned LAC2, the property includes approved plans for two additional 3-bedroom, 2-bath ADUsoffering significant upside potential through expansion. There is also an opportunity with the C2 zoning to explore redevelopment. Whether you're a hands-off investor seeking steady income or an active investor looking to add value, this asset checks all the boxes. Located on a high-visibility corner at Vernon and Figueroa with strong foot traffic, immediate freeway access, and excellent transit options. Just steps from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown LA, this property sits in one of the city's fastest-growing neighborhoods. Dont miss this rare opportunity to invest in both current cash flow and future growth.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction From I-110, exit Vernon Ave, head east, property is at Vernon and Figueroa corner
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5018034002
Acceptable Financing Cash
Listing Terms Cash
Listed by Joshua McIntire McIntire Real Estate Inc.