Search
Two-Building Fourplex Investment
For Sale
$2,345,000

1348 E Vernon Ave, Los Angeles, CA 90011

Two separate buildings offer townhouse-style fourplex living with individual metering, ample parking, and multiple modern in-unit upgrades.

Property SizeContact for details
Days on Market331

Property Features for 1348 E Vernon Ave

General Information

Standard status Active
Property subtype MULTI_FAMILY

Building Details

Year Built 2022
Listing Agency: Compass
Listed By: Joe Myers
Source: Milsteinestates
Added: Sep 10, 2025 Changed: Jul 10 Last Checked: Aug 6 at 4:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This contemporary two-building fourplex features a front structure that is two stories with two units, and a back structure with two tri-level side-by-side units. The front units each provide three bedrooms and two bathrooms, while the back units include one configuration with four bedrooms and three bathrooms and another with seven bedrooms and five bathrooms. The townhome-style layouts include en-suite bathrooms and master bedrooms, along with expansive windows designed to bring in natural light. Interior amenities are highlighted by walk-in closets, custom window blinds, stainless steel appliances, two-tone paint, and energy-efficient LED lighting. Each unit also includes its own laundry room, a tankless water heater, and energy-saving HVAC.

The property includes ample parking with decorative pavers, an attached garage, and an automatic gate opener. Drought-resistant landscaping is provided, and the site includes solar panels. Units are individually metered, and an EV charging connection is included in the garage.

For buyers and operators, this configuration offers four individually metered rental homes across two buildings, with consistent modern utility upgrades across every unit. The on-site parking and garage setup support tenant convenience, while solar and energy-focused systems may help reduce ongoing operating demands. The property is described as centrally located near Downtown Los Angeles, USC, and major public transportation routes, supporting commuter-friendly day-to-day access.

Key Highlights

  • Year built 2022 fourplex with two separate buildings (2 units in front building, 2 in back building)
  • Back building tri‑level layout with side‑by‑side units: one 4BR/3BA and one 7BR/5BA
  • All units include en‑suite bathrooms and master bedrooms, plus walk‑in closets and custom window blinds

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,420
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Two separate buildings offer townhouse-style fourplex living with individual metering, ample parking, and multiple modern in-unit upgrades.
Where is this quadplex located?
The property is located at 1348 E Vernon Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,345,000.
What are key features of this property?
This property features: Year built 2022 fourplex with two separate buildings (2 units in front building, 2 in back building); Back building tri‑level layout with side‑by‑side units: one 4BR/3BA and one 7BR/5BA; All units include en‑suite bathrooms and master bedrooms, plus walk‑in closets and custom window blinds
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message