Quadplex with Ample Rear
For Sale
$845,000
1467 W Vernon AVE, Los Angeles, CA 90062
Four-unit residential income property with multiple rear parking spaces and a 3-bedroom unit vacant at close.
Property Size3,372 SF
Lot Size0.17 Acres
Price / SF$250.59
Days on Market86
Property Features for 1467 W Vernon AVE
General Information
Standard status
Active
Size
3,372 SF
Lot size
0.17 Acres
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
4
Building Details
Year Built
1914
Tenancy
Multi
Listing Agency:
Edgestone Real Estate, Inc.
(818) 464-5113
Listed By:
Sebastian Stofenmacher · License #01328684
(818) 464-5113
Source:
Exitrealty
Added: May 17
Changed: Aug 8
Last Checked: Aug 10 at 5:50AM
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 Edgestone Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 4-unit income property includes three 1-bedroom units and one 3-bedroom unit. At close of escrow, the 3-bedroom unit will be delivered vacant, allowing a new owner to reset occupancy and rents for that unit immediately. The building is supported by an oversized lot with ample rear parking to serve residents on-site.
Located in the Vermont Square neighborhood of South Los Angeles, the property sits about 2.6 miles from USC and is close to the 10 and 110 freeways for convenient regional access. The Expo/Wesern Metro station is approximately 1.4 miles away, and Exposition Park and nearby cultural destinations are within five miles.
For tenants and owners, the unit mix offers a range of household sizes, from 1-bedroom layouts to a larger 3-bedroom home. For buyers looking beyond current operations, the oversized lot and rear parking are positioned to support additional investigation into adding ADUs at the rear of the lot or pursuing a potential lot split, subject to city approval and zoning verification. Buyer to independently verify all development potential with the City of Los Angeles Planning Department.
Located in the Vermont Square neighborhood of South Los Angeles, the property sits about 2.6 miles from USC and is close to the 10 and 110 freeways for convenient regional access. The Expo/Wesern Metro station is approximately 1.4 miles away, and Exposition Park and nearby cultural destinations are within five miles.
For tenants and owners, the unit mix offers a range of household sizes, from 1-bedroom layouts to a larger 3-bedroom home. For buyers looking beyond current operations, the oversized lot and rear parking are positioned to support additional investigation into adding ADUs at the rear of the lot or pursuing a potential lot split, subject to city approval and zoning verification. Buyer to independently verify all development potential with the City of Los Angeles Planning Department.
Key Highlights
- 4‑unit income property built in 1914 in the Vermont Square neighborhood of South Los Angeles
- 3,372 SF building on a 7,369 SF lot with ample rear parking
- Unit mix: three 1‑bedroom units plus one 3‑bedroom unit; 3‑bedroom unit delivered vacant at close of escrow
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Explore this area
Business Placement
Demographics for 90062, CA
32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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 - Four-unit residential income property with multiple rear parking spaces and a 3-bedroom unit vacant at close.
Where is this quadplex located?
The property is located at 1467 W Vernon AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: 4‑unit income property built in 1914 in the Vermont Square neighborhood of South Los Angeles; 3,372 SF building on a 7,369 SF lot with ample rear parking; Unit mix: three 1‑bedroom units plus one 3‑bedroom unit; 3‑bedroom unit delivered vacant at close of escrow
