Financial
Distress signals
Property profile

348 W Vernon Ave Los Angeles, CA 90037

FOR SALE
Investment properties
Property ID
US09-9892903
2,940 SF 0.11 ac lot Built 1911
Last sale Nov 1992 · $50,000
Trust Owned Owner of record is a trust. 26-yr Hold Held for 26 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
348 W Vernon Ave, Los Angeles, CA 90037 For Sale
$775,000 2,940 SF
348 W Vernon Ave, Los Angeles, CA 90037
View Listing

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$279k
Assessed land$149k
Assessed improvement$129k
Effective rate1.39%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$11k
Operating expenses−$36k
NOI · 7.68% cap applied$60k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$151/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$73 – $224
Qualifying comparables6

Cap rate analysis

How does the asset earn?
7.68%
$60k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LAC2
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm47.2
Realty agency45.7
Dental Office28.4

Location

348 W Vernon Ave Los Angeles, CA 90037
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
711 Vernon, Los Angeles, CA 90037-2613 $1,450,000 Dec 2025 2,350 SF
540 58th, Los Angeles, CA 90037-4030 $200,000 Aug 2024 3,547 SF
5615 Broadway, Los Angeles, CA 90037-4129 $630,000 Aug 2024 2,374 SF
5724 Broadway, Los Angeles, CA 90037-4132 $375,000 Feb 2024 2,939 SF
4907 Hoover, Los Angeles, CA 90037-3350 $280,000 Nov 2023 2,385 SF
4710 Figueroa, Los Angeles, CA 90037-3136 $195,000 Jul 2023 3,508 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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