Vermont Square Triplex with
1361 W Vernon Avenue, Los Angeles, CA 90037
Multi-unit property in central Los Angeles with redevelopment potential.
Type:Multifamily
- Added:
- Feb 8, 2026
- Days on Market:
- 100
- Last Refresh:
- Mar 25 at 8:32 am
Property Features for 1361 W Vernon Avenue
General Information
- Standard status
- Active
- Property subtype
- Multifamily
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
HighLights
- 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.
- Prime location in Vermont Square, close to USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, and Downtown LA.
- Projected rental income of $2,500 for the vacant 2‑bedroom unit and $2,000 for the vacant 1‑bedroom unit.
- Alley access provides up to 6 parking spaces or potential for future ADU development.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.29951
- Latitude
- 34.00384
Nearby Similar for Sale
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.
