702 Vernon Avenue Los Angeles, CA 90037

Building Details

Year Built

1924

Listing agency JUAN CARLOS MARTINEZ

Listed by JUAN CARLOS MARTINEZ

Source Corcoran

Added: Jun 9, 2025 Updated: Mar 16 at 9:09AM Checked: Mar 16 at 9:09AM

Report an Issue

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 JUAN CARLOS MARTINEZ

---

Investment Insights

Based on property information with market context.

This six-unit property is located approximately one mile from the University of Southern California (USC) in Los Angeles. The property is suitable for student housing and offers a high walkability score, with dining, shopping, and entertainment options located nearby. Public transportation is readily accessible, providing connections throughout the city. The property allows for a "live in one, rent the others" model, offering the potential for rental income while maintaining a personal residence. The configuration allows for flexibility in tenant arrangements, catering to a variety of rental needs.

Key Highlights

• Strategically located just a mile from the University of Southern California (USC).
• 6‑unit property offers a significant investment opportunity.
• High walkability score with numerous dining, shopping, and entertainment options nearby.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,350,000

  5,042 SF

  Corner Restaurant Building

  Single-story restaurant building on a hard corner lot with approximately 50 feet of frontage on Jefferson Boulevard.

  3125 W Jefferson Boulevard, Los Angeles, CA 90018

  View Details
• 

  $2,600,000

  10,600 SF

  Fashion District Investment Opportunity

  Prime investment property with long-term tenant in the Fashion District.

  1212 S San Pedro St, Los Angeles, CA 90015

  View Details
• 

  $3,990,000

  8,688 SF

  Prime Automotive Land in Los Angeles

  Six parcels with buildings in established automotive corridor.

  125 E Florence Ave, Los Angeles, CA 90003

  View Details
• 

  $6,950,000

  7,950 SF

  Retail Warehouse Showroom Opportunity

  Prominent street-front retail warehouse with gated parking and loading on a C2-1 zoned lot.

  963 965 S Western Ave, Los Angeles, CA 90016

  View Details
• 

  $1,749,000

  6,888 SF

  Two-Story Office Building with Parking

  Two-story office property on Whittier Boulevard with secure gated rear parking and flexible office configurations.

  5723 Whittier, Los Angeles, CA 90022

  View Details
• 

  $8,400,000

  11,715 SF

  Anchored Retail Strip Center

  12-unit retail strip center anchored by H&R Block with on-site billboard income and dedicated parking.

  1514 S Vermont Ave, Los Angeles, CA 90006

  View Details
• 

  $5,000,000

  5,530 SF

  Freestanding Retail Flex Building

  Freestanding retail/flex property with gated parking and flexible zoning on a heavily traveled Venice Boulevard corridor.

  2059-2065 Venice Blvd, Los Angeles, CA 90006

  View Details
• 

  $1,699,000

  5,000 SF

  Freestanding Creative Office/Warehouse

  Rebuilt in 2016 with four private offices and drive-in bay access.

  1361 Newton St, Los Angeles, CA 90021

  View Details
• 

  $850,000

  2,208 SF

  Corner Freestanding Retail Building

  Freestanding single-tenant bakery retail building with dual frontage on a corner parcel.

  6526 Holmes Ave., Los Angeles, CA 90001

  View Details
• 

  $4,250,000

  5,520 SF

  Pico Boulevard Auto Service Property

  Automotive service property with development potential in central Los Angeles.

  4605-4619 W Pico Boulevard, Los Angeles, CA 90019

  View Details
• 

  $896,000

  5,600 SF

  Bow Truss Warehouse with Land

  5,600 SF warehouse with land for parking/storage.

  5912 Mettler St, Los Angeles, CA 90003

  View Details
• 

  $2,650,000

  4,000 SF

  Retail Storefront For Sale

  Standalone retail asset offered for sale, suited for businesses seeking their own street-level presence.

  1835 N CAHUENGA BLVD, LOS ANGELES, CA 90028

  View Details

FAQs

What type of property is this?

Apartment building - Six-unit property near USC, ideal for student housing.

Where is this apartment building located?

The property is located at 702 Vernon Avenue Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,290,000.

What are key features of this property?

This property features: Strategically located just a mile from the University of Southern California (USC).; 6‑unit property offers a significant investment opportunity.; High walkability score with numerous dining, shopping, and entertainment options nearby.