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1945 W Vernon Los Angeles, CA 90062

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For Sale
$999,990

Four-unit property with income potential in prime Los Angeles location.

Type:Multifamily
Lot size:
5,500.00 Acres
Added:
Mar 2, 2026
Days on Market:
31
Last Refresh:
Mar 19 at 9:57 pm

Property Features for 1945 W Vernon

General Information

Standard status
Active
Lot size
5,500.00 Acres
Property subtype
Multifamily

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Listing Contact
Gustavo Arias

Listing agent Gustavo Arias License #CA 01889399

Listing office First Team Commercial

Listing date Mar 2, 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 First Team Commercial


Overview

South Los Angeles Investment Opportunity

This well-maintained four-unit investment property, built in 1945, is located in a high-demand South Los Angeles corridor. The property delivers a 6.31% current cap rate with upside to 7.79% pro forma. The unit mix comprises three one-bedroom, one-bath units and one upgraded two-bedroom, one-bath unit. One unit offers the opportunity for an owner-user to live in one unit and lease the others. The property features separate electric and gas meters. Two two-car garages generate additional rent. There is an opportunity to install coin-operated laundry for further net operating income growth. Situated on a 5,500 square foot lot, this income-producing property is in excellent condition. The property is located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, benefiting from consistent rental demand and long-term neighborhood momentum. This stabilized asset offers both current yield and operational growth potential in one of Los Angeles' most active rental markets.
Location Intelligence

Current Use by Public Records

GBM FOOD-CHAIN SOLUTIONS ... Consultant BEST PRODUCE Warehouse & Storage

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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
-118.31542
Latitude
34.00383

FAQs

What type of property is this?
Quadplex - Four-unit property with income potential in prime Los Angeles location.
Where is this quadplex located?
The property is located at 1945 W Vernon Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,990.
What are key features of this property?
This property features: High‑demand South Los Angeles location near USC, BMO Stadium, Exposition Park, and Metro.; Strong income‑producing property with **6.31% in‑place cap rate** and 7.79% pro forma.; Opportunity for owner‑user to live in one unit and lease the others.
More about this property
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