1247 East Vernon Avenue Los Angeles, CA $ 875,000
1247 East Vernon Avenue
$ 875,000
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1247 East Vernon Avenue

Los Angeles, CA, 90011
$ 875,000
Baths0.0 Sq 2,850

Monthly Estimate*

$ 5,388

1247 East Vernon Avenue, Los Angeles, CA 90011 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $875,000. This 2,850 square foot home was built in 2007 on a lot size of 0.12.

Price Reduced by $25,000! Don't miss this opportunity the seller has just lowered the price by $25,000 for a faster sale. With a strong 7.5% cap rate, this property delivers impressive cash flow from day one.Featuring two separate units, it's perfect for rental income or multi-generational living. Located close to schools, shopping, and major freeways, this property offers both convenience and long-term appreciation potential. Act now before it's gone!

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Multi-Family Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.12

Year Built

2007

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025577351

Features
General
Living Area 2850.0
Sewer None
Heating Wall Furnace
Zoning LAC2
Year Built 2007
Levels Two
County Los Angeles
Net Operating Income 65157.5
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 5112.0
Standard Status Active
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Exterior
Lot Size Area 5112.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 2850.0
Lot Size Acres 0.12
Land Lease Type Fee
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Interior
Total Stories 0
Air Conditioning Y/N No
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Jongmin Park

Listing Agent

Dream Realty & Investments Inc

Broker

Affordability Calculator

$5,388
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
--
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/18/2025$875,000 -2.67% Price Down
8/14/2025$899,000 Listed Price

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1247 East Vernon Avenue, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $875,000 with 2,850 sqft and a lot size of 0.12. 1247 East Vernon Avenue is a studio with 0.0 baths and was built in 2007. The property's zip code is 90011 which is in Los Angeles, CA