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Quadplex With Two Buildings on One Lot
For Sale
$1,600,000

522 W Vernon Ave, Los Angeles, CA 90037

MULTI_FAMILY - Los Angeles, CA

Property Size3,346 SF
Lot Size0.17 Acres
Price / SF$478.18
Days on Market291

Property Features for 522 W Vernon Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAC2
Bedrooms 9
Bathrooms 5
Full bathrooms 6
Rooms Bedroom 4, Bathroom 4, Bedroom 2, Bedroom 8, Bedroom 7, Bedroom 9, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 6, Bedroom 3, Bedroom 5, Bedroom 6
Parking 4
Parking features Driveway
View City
Directions W Vernon and S Figueroa Street
Subdivision Downtown L.A.
Standard status Active
APN 5018-033-017
Size 3,346 SF
Lot size 0.17 Acres

Utilities

Cooling system Wall Unit(s)

Building Details

Year built 1904
Floors in Building 2
Number of units 4
Flooring type Laminate
Listing Agency: Keller Williams Beverly Hills · Keller Williams Realty
Listed By: Shahram Shamounpour · License #02122389
Added: Oct 16, 2025 Changed: Aug 1 Last Checked: Aug 2 at 10:06AM
MLS# 25607053

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex offering features two separate two-story structures on one lot, supporting a mix of residential and auxiliary space. The front building is described as a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, with a combination of residential and auxiliary space.

On the upper level of the rear structure, there are two residential units: one 1-bedroom/1-bath unit and one studio. The owner is constructing a 1-bedroom ADU on the ground floor, adding an additional residential component to the property.

The property is zoned LAC2 and sits on a 0.1664-acre lot with 3,346 square feet, built in 1904. Interior finishes include laminate flooring and wall unit(s) cooling. Parking is provided via a driveway.

Key Highlights

  • Two two‑story structures on one lot for residential and auxiliary space
  • Zoned LAC2
  • Front building described as two‑story commercial with 7 bedrooms and 2 bathrooms

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $81.9k $24.48
− Vacancy −$2.0k −$0.61
EGI $79.9k $23.87
− OpEx −$24.0k −$7.16
NOI $55.9k $16.71
3,346 SF · lease $24.48/SF/yr · vacancy 2.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$798.6K
$698.8K – $931.7K (±1% cap)
NOI $55,904 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$709.8K
$621.1K – $828.1K (±1% cap)
NOI $49,687 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,776 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Infant & Toddler Center High School

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Acupuncture Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,709
Businesses Nearby

Demographics for 90037, CA

63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two two-story structures on one lot in LAC2 zoning, with existing residential units and a planned ground-floor ADU.
Where is this quadplex located?
The property is located at 522 W Vernon Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two two‑story structures on one lot for residential and auxiliary space; Zoned LAC2; Front building described as two‑story commercial with 7 bedrooms and 2 bathrooms
More about this property
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