South Los Angeles Investment
For Sale
Contact for pricing
1945 W Vernon, Los Angeles, CA 90062
Four-unit property with income potential in prime Los Angeles location.
Property SizeContact for details
Lot Size5,500.00 Acres
Days on Market169
Property Features for 1945 W Vernon
General Information
Standard status
Active
Lot size
5,500.00 Acres
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
1
Stories
2
Units
4
Listing Agency:
First Team Commercial
(562) 270-0688
Listed By:
Gustavo Arias · License #CA 01889399
Source:
Crexi
Added: Mar 2
Changed: Aug 8
Last Checked: Aug 8 at 6:43AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
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
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Frequently Asked Questions
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 $969,900.
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.
