1945 W Vernon Los Angeles, CA 90062
Quadruplex, Mid Century Modern - Los Angeles, CA
Type:Quadruplex
Property size:
2,366 SFLot size:
5,502.00 AcresPrice / SF:
$412/SF- Added:
- Mar 5, 2026
- Days on Market:
- 57
- Last Refresh:
- May 1 at 2:06 am
Property Features for 1945 W Vernon
General Information
- Property type
- Residential
- Property subtype
- Quadruplex
- Zoning
- LAR4
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 4
- Parking features
- Garage
- Interior features
- 2 Staircases, 2+ Access Exits, See Remarks
- Exterior features
- Fence, Community Features Included: Urban, 0-1 Unit/Acre
- Fencing
- Fenced
- Appliances
- Range, Range - Gas, Refrigerator
- Standard status
- Active
- APN
- 5022009011
- Size
- 2,366 SF
- Lot size
- 5,502.00 Acres
Utilities
- Heating system
- Wall Furnace
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1949
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Laminate
- Building materials
- Stucco
- Roof type
- Shingle
- Architectural style
- Modern
Listing agent Gustavo Arias License #01889399 (323) 819-0035
Listing office First Team Real Estate 3626 Long Beach Blvd., Newport Beach, CA (562) 270-0688
Listing date Mar 5, 2026
MLS# PW26047544
Listing URL
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Overview
Los Angeles Quadruplex Investment Opportunity
This well-maintained 4-unit investment property is located in a high-demand South Los Angeles corridor. The property consists of three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath unit. One 1/1 unit is currently vacant, offering flexibility for an owner-occupant or lease-up at market rent. The property, built in Mid Century Modern style, sits on a 5,500 square foot lot. It features separate electric and gas meters, and two two-car garages that generate additional rental income. There is also an opportunity to install coin-operated laundry for further net operating income growth. The property is in maintained and turnkey condition. Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits 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. The property is zoned LAR4. It is part of a portfolio opportunity with another property in San Pedro. The owner is actively repositioning their portfolio and is prepared to transact in the near term and is flexible and open to creative deal structuring to facilitate a strong transaction.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
GBM FOOD-CHAIN SOLUTIONS ...
Consultant
BEST PRODUCE
Warehouse & Storage
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.31542
- Latitude
- 34.00383
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained 4-unit property with income and growth potential.
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 $974,900.
What are key features of this property?
This property features: High‑demand South Los Angeles location near USC, BMO Stadium, Exposition Park, and Metro transit.; Strong income potential with a 6.31% in‑place cap rate and significant upside to a 7.79% pro forma cap rate.; One upgraded vacant unit provides immediate owner‑user opportunity or lease‑up potential at market rent.
