Los Angeles Investment
For Sale
$1,290,000
702 Vernon Avenue, Los Angeles, CA 90037
Six-unit property near USC, ideal for student housing.
Property SizeContact for details
Days on Market448
Property Features for 702 Vernon Avenue
General Information
Standard status
Active
Building Details
Year Built
1924
Listing Agency:
JUAN CARLOS MARTINEZ
Listed By:
JUAN CARLOS MARTINEZ
Source:
Corcoran
Added: Jun 9, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
1,506
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?
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.
