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Well-Maintained Fourplex Investment

1945 W Vernon, Los Angeles, CA 90062

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For Sale

$969,900

Quadruplex - Los Angeles, CA

Type:Quadruplex

Property size:

2,366 SF

Lot size:

5,502.00 Acres

Price / SF:

$409/SF

HighLights

High‑demand South Los Angeles location near USC, BMO Stadium, Exposition Park, and Metro transit
Strong income potential with a 6.31% in‑place cap rate and a 7.79% pro forma cap rate
One upgraded, vacant 1‑bedroom unit provides immediate owner‑occupancy or lease‑up opportunity
Two two‑car garages generate additional rental income
Opportunity to increase NOI by installing coin‑operated laundry
Separate electric and gas meters for each unit

We can help!

Listing Contact

Gustavo Arias

For Sale

$969,900

Quadruplex - Los Angeles, CA

Type:Quadruplex

Property size:

2,366 SF

Lot size:

5,502.00 Acres

Price / SF:

$409/SF

Added:: Mar 5, 2026
Days on Market:: 99
Last Refresh:: Jun 12 at 2:06 pm

Property Features for 1945 W Vernon

General Information

Property type: Residential Multi Family
Property subtype: Quadruplex
Zoning: LAR4
Bedrooms: 5
Bathrooms: 4
Rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking: 2
Parking features: Garage, Gated
Interior features: Window Features: Blinds
Exterior features: Fence, Community Features Included: Urban, 0-1 Unit/Acre
Fencing: Fenced
Standard status: Active
APN: 5022009011
Size: 2,366 SF
Lot size: 5,502.00 Acres

Utilities

Heating system: Wall Furnace

Building Details

Year built: 1949
Floors in Building: 2
Number of units: 4
Building materials: Stucco
Architectural style: Other

We can help!

Listing Contact

Gustavo Arias

Listing agent Gustavo Arias License #01889399

Listing office First Team Real Estate 3626 Long Beach Blvd., Newport Beach, CA

Listing date Mar 5, 2026

MLS# PW26045448 Listing URL

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

High‑demand South Los Angeles location near USC, BMO Stadium, Exposition Park, and Metro transit
Strong income potential with a 6.31% in‑place cap rate and a 7.79% pro forma cap rate
One upgraded, vacant 1‑bedroom unit provides immediate owner‑occupancy or lease‑up opportunity
Two two‑car garages generate additional rental income
Opportunity to increase NOI by installing coin‑operated laundry
Separate electric and gas meters for each unit

Overview

This well-maintained four-unit property consists of three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath unit. One 1-bedroom/1-bath unit is currently vacant, providing flexibility for an owner-occupant or for lease-up. The building includes separate electric and gas meters, supporting independent utility management.

The property is located at 1945 W Vernon Ave in Los Angeles (90062) and includes two two-car garages that generate additional rental income. The site is on a 5,500 SF lot. The current configuration also presents the opportunity to install coin-operated laundry.

For tenants, the mix of 1-bedroom and 2-bedroom layouts can accommodate multiple household types, while the vacant unit creates an immediate leasing option. For buyers, the separated utility setup and existing garage income can simplify operations, and the vacancy offers a straightforward path to stabilize occupancy or align the unit mix with an owner-occupant’s needs. The offering is presented as an investment property with both in-place cash flow and an opportunity to enhance results through potential operational improvements.

Property Profile Location Intelligence

Current Use by Public Records

GBM FOOD-CHAIN SOLUTIONS ... Consultant BEST PRODUCE Warehouse & Storage

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Location Insight

Map
Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.31542
Latitude: 34.00383

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For sale
Quadplexes
CA
Los Angeles
90062
1945 W Vernon

What type of property is this?

Quadplex - Four-unit multifamily property with one vacant unit and separate utility meters, suited for investors or owner-occupants.

Where is this quadplex located?

The property is located at 1945 W Vernon Los Angeles, CA.

What is the asking price?

The asking price for this property is $969,900.

What are key features of this property?

This property features: High‑demand South Los Angeles location near USC, BMO Stadium, Exposition Park, and Metro transit; Strong income potential with a 6.31% in‑place cap rate and a 7.79% pro forma cap rate; **One upgraded, vacant 1‑bedroom unit provides immediate owner‑occupancy or lease‑up opportunity**

1945 W Vernon, Los Angeles, CA 90062

Quadruplex - Los Angeles, CA

Property Features for 1945 W Vernon

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Los Angeles Commercial Investment Opportunity

Los Angeles Retail Opportunity

Prime Automotive Land in Los Angeles

Los Angeles Industrial Owner-User Opportunity

Eagle Rock Commercial/Residential Opportunity

Multifamily Property in Boyle Heights

Los Angeles Multifamily Investment Opportunity

Highland Park Multifamily Value-Add Opportunity

Four-Unit Residential Income Property

6-Unit Apartment Campus with ADU Plans

Adjacent 11-Unit Residential Income Properties

Apartment Income Property with Covered Parking

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