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Los Angeles Investment Opportunity

702 Vernon Avenue Los Angeles, CA 90037

702 Vernon Avenue, Los Angeles, CA, 90037
$1,290,000
For Sale
Claim this Listing
$1,290,000

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

AddedJun 9, 2025
Days on Market402
Last RefreshMar 16 at 9:09 am

Property Features for 702 Vernon Avenue

General Information

Standard status
Active

Building Details

Year Built
1924

Listing office JUAN CARLOS MARTINEZ

Listing date Jun 9, 2025

Source Corcoran

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

Current Use by Public Records

Student housing

Suggested Use

Law Firm Real Estate Agency Dental Office Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store HVAC Service Accounting Firm Kitchen & Bath Showroom Locksmith

Zoning and permitted uses should be independently verified with local authorities.

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.
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