Los Angeles, CA 90037,458 W Vernon AVE
Los Angeles, CA 90037,458 W Vernon AVE
Los Angeles, CA 90037,458 W Vernon AVE
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$1,200,000
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5,009 Sqft Lot
New

458 W Vernon AVE Los Angeles, CA 90037

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25141126

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1911

Lot Size 5,009 Sqft

Property Sub-Type Quadruplex

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 ADUs—offering 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. Don't miss this rare opportunity to invest in both current cash flow and future growth.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAC2

Interior

Interior Features Balcony

Heating Wall Furnace

Flooring Laminate

Fireplace No

Appliance Water Heater

Laundry None

Exterior

Parking Features Driveway

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5018034002

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Joshua McIntire McIntire Real Estate Inc. 818-618-7990

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agent

Maria Pedraza

Agent | License ID: 02194301

+1(619) 600-7604

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458 W Vernon AVE