






Property Attributes
- MLS#21677002
- TypeIncome
- CountyLOS ANGELES
- CityLos Angeles
- AreaLos Angeles Southwest
- Zip90037
- Style
- Price$ 1,450,000
- Bedrooms6
- Full Bathrooms6
- Half Bathrooms0
- Lot Size9,148 SqFt
Listing Provided Courtesy Of:
Neema Ahadian with Marcus & Millichap.
Data Source:
CRMLS
Property Description
Built in 1914, this 6-unit property is located in South Los Angeles between W Vernon Ave & W Martin Luther King Blvd just south of Exposition Park & USC, a location providing easy access to Metro Expo Line, the 110 Freeway, and Downtown Los Angeles nightlife,entertainment, restaurants, and employment opportunities. The subject property totals 5,056 SF featuring a unit mix that includes one two-bedroom two-bathroom and five three-bedroom two-bathroom apartment units.The majority of rents are currently under-market, providing a true value-add opportunity to capture the 36% rental upside through an interior renovation program when units turn. There are 14 parking spaces located at the rear of the property. Electricity is separately metered and each unit has its own individual water heater. Vermont Square is a fast growing, vibrant neighborhood, just southwest of Downtown Los Angeles. The subject property is within walking distance to the University of Southern California, Exposition Park.
Price History | |
---|---|
1/7/2021 | Listed $1,450,000 |
General Features
MLS Area | C34 - Los Angeles Southwest |
---|---|
Parking Features | None |
Property Type | Residential Income |
Total Units | 6 |
Zoning | C2-1VL-CPIO |
Exterior Features
Lot Size Acres | 0.21 |
---|---|
Lot Size Area | 9235 |
Lot Size Square Feet | 9235 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool