Quadplex With Two Buildings on One
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
(310) 432-6400
Listed By:
Shahram Shamounpour · License #02122389
(424) 313-2744
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.
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
NOI $55,904 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$709.8K
$621.1K – $828.1K
NOI $49,687 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,776 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,709
Businesses Nearby
Explore this area
Business Placement
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
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