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1361 W Vernon Avenue Los Angeles, CA 90037

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For Sale
$690,000

Multi-unit property in central Los Angeles with redevelopment potential.

Type:Multifamily
Added:
Feb 8, 2026
Days on Market:
52
Last Refresh:
Mar 25 at 8:32 am

Property Features for 1361 W Vernon Avenue

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Josephine San Lucas

Listing agent Josephine San Lucas License #CA

Listing office Century 21 Realty Masters Beverly

Listing date Feb 8, 2026

Source Crexi

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 Century 21 Realty Masters Beverly


Overview

Vermont Square Triplex with Vacancy

Located in Vermont Square, this property features three separate units, with two units delivered vacant. The property includes a 2-bedroom, 1-bath house that will be delivered vacant with a projected rent of $2500. There is also a 1-bedroom, 1-bath unit currently collecting rent, and a large, move-in ready, vacant 1-bedroom, 1-bath unit that can rent for $2000. Recent improvements include new roofs, copper plumbing, and tankless water heaters. The RD-1.5 zoning allows for commercial, residential, or mixed-use development. Alley access provides up to 6 parking spaces or the possibility of a future ADU. A rebuild letter is available (buyer to verify). The property is located in a residential area with a school across the street. It is situated minutes from USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, and Downtown LA. This multi-unit property is suitable for owner-users, investors, value-add buyers, and long-term redevelopment strategists, with upside potential for rent growth or future redevelopment.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.29951
Latitude
34.00384

FAQs

What type of property is this?
Triplex - Multi-unit property in central Los Angeles with redevelopment potential.
Where is this triplex located?
The property is located at 1361 W Vernon Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Two units delivered vacant, offering immediate owner‑user or rental income potential.; RD‑1.5 zoning allows for commercial, residential, or mixed‑use development, providing flexibility and future redevelopment opportunities.; Recent improvements include new roofs, copper plumbing, and tankless water heaters, reducing future capital expenditures.
More about this property
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