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    1945 W Vernon Ave, Los Angeles, CA 90062

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    For Sale
    $974,900

    Four-unit quadplex with three 1-bedroom units and one upgraded 2-bedroom unit for owner-user flexibility.

    Type:Multi Family
    Added:
    Mar 5, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 1 at 3:17 am

    Property Features for 1945 W Vernon Ave

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1949

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    Gustavo Arias

    Listing office First Team Real Estate

    Listing date Mar 5, 2026

    Source Exitrealty

    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 Real Estate

    HighLights

    • 4‑unit quadplex built in 1949 with three 1BD/1BA units plus one upgraded 2BD/1BA unit
    • Owner‑user layout potential: live in one unit and lease the other three
    • Seller reports a 6.31% in‑place cap and 7.79% pro forma cap
    • Convenient access minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeways

    Overview

    This quadplex includes three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath unit. The layout supports an owner-user scenario where you can occupy one unit while leasing the remaining units. One unit is available for showing by appointment only, and tenants must not be disturbed. Offers are subject to interior inspection, and the seller requests proof of funds and pre-approval with all submissions. The seller is motivated and open to structuring flexibility that could materially improve buyer economics depending on the offer.

    The property is located at 1945 W Vernon Ave, minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access. This proximity provides convenient commuting and access to employment, entertainment, and regional transportation options.

    For buyers, the unit mix offers straightforward leasing versatility across 1-bedroom and 2-bedroom demand segments. For investors, the property’s current stabilized setup and ability to structure an owner-occupant plan can be useful when evaluating income-focused residential income strategies. Buyers and their agents are encouraged to contact the listing agent for offering materials, rent roll, and additional financials.
    Location Intelligence

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    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 quadplex with three 1-bedroom units and one upgraded 2-bedroom unit for owner-user flexibility.
    Where is this quadplex located?
    The property is located at 1945 W Vernon Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $974,900.
    What are key features of this property?
    This property features: 4‑unit quadplex built in 1949 with three 1BD/1BA units plus one upgraded 2BD/1BA unit; Owner‑user layout potential: live in one unit and lease the other three; Seller reports a 6.31% in‑place cap and 7.79% pro forma cap
    More about this property
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