Two-Building Multifamily Property with
522 W Vernon Ave Los Angeles, CA 90037
522 W Vernon Ave, Los Angeles, CA, 90037
$1,600,000
For Sale
$1,600,000
MULTI_FAMILY - Los Angeles, CA
Property Size3,346 SF
Lot Size0.17 Acres
Price / SF$478.18
Days on Market276
Property Features for 522 W Vernon Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAC2
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bathroom 5, Bedroom 4, Bedroom 8, Bathroom 4, Bedroom 1, Bedroom 9, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 6, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 5
- Parking
- 4
- Parking features
- Driveway
- Standard status
- Active
- APN
- 5018-033-017
- Size
- 3,346 SF
- Lot size
- 0.17 Acres
Utilities
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1904
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Laminate
Listing Agency
Keller Williams Beverly Hills
(310) 432-6400
439 N Canon Dr. Suite 300, Beverly HIlls, CA
Listed by
Shahram Shamounpour · License #02122389
(424) 313-2744
Added: Oct 16, 2025 Checked: Jul 18 at 3:06 am
MLS# 25607053
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale, two-building multifamily property offers a flexible setup for rental and mixed-use uses on one lot. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories and includes a combination of residential and auxiliary space, with two residential units on the upper level: one 1-bedroom/1-bath unit and one studio. Construction is underway for a 1-bedroom ADU on the ground floor, adding an additional residential component to the site.
The property is located at 522 W Vernon Ave in Los Angeles, CA 90037. Zoning is listed as LAC2. The public remarks describe a convenient central Los Angeles setting near major streets, schools, and public transportation.
From an operator or investor standpoint, the current configuration provides income through an existing tenant paying $12,500 per month plus all utilities. With two separate structures already on-site and an ADU in progress, the property may appeal to buyers looking for a multi-purpose arrangement that can accommodate additional residential space as the ADU is completed.
The property is located at 522 W Vernon Ave in Los Angeles, CA 90037. Zoning is listed as LAC2. The public remarks describe a convenient central Los Angeles setting near major streets, schools, and public transportation.
From an operator or investor standpoint, the current configuration provides income through an existing tenant paying $12,500 per month plus all utilities. With two separate structures already on-site and an ADU in progress, the property may appeal to buyers looking for a multi-purpose arrangement that can accommodate additional residential space as the ADU is completed.
Key Highlights
- Two separate two‑story structures on one lot, with mixed‑use potential
- Front building: 7 bedrooms and 2 bathrooms in a two‑story commercial structure
- Rear building: two stories with residential and auxiliary space, including upper‑level units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.9k | $24.48 |
| − Vacancy | −$2.0k | −$0.61 |
| EGI | $79.9k | $23.87 |
| − OpEx | −$24.0k | −$7.16 |
| NOI | $55.9k | $16.71 |
3,346 SF · lease $24.48/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$798.6K
$698.8K – $931.7K
NOI $55,904 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$709.8K
$621.1K – $828.1K
NOI $49,687 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,776 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Infant & Toddler Center
High School
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Two-story front and rear buildings on one lot, with an ADU under construction and existing rental income.
Where is this quadplex located?
The property is located at 522 W Vernon Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two separate two‑story structures on one lot, with mixed‑use potential; Front building: 7 bedrooms and 2 bathrooms in a two‑story commercial structure; Rear building: two stories with residential and auxiliary space, including upper‑level units
