1474 W Vernon Avenue Los Angeles, CA ^$ 1,199,000

1474 W Vernon Avenue

^$ 1,199,000

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1474 W Vernon Avenue

Los Angeles, CA, 90062

^$ 1,199,000

Bedrooms5 Baths1.0 Sq 2,263

Monthly Estimate*

^$ 7,382

Listed by Keller Williams Realty Santa Barbara

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Multi-Family Home for sale in Los Angeles, CA

for $1,199,000 with 5 bedrooms and 1 full bath. This 2,263 square foot home was built in 1911 on a lot size of 0.1313.

Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong current 5.6% Cap Rate with additional rent upside potential. The property features two spacious 2-bedroom / 1-bath units (downstairs Unit 1478 and upstairs Unit 1474) plus a 1-bedroom / 1-bath unit (Unit 1478.5). Significant upgrades completed within the last 3 years include newer flooring, newer kitchens and bathrooms, fresh interior paint, new water heaters, plumbing improvements, waste line replacement, and one new wall heater. Current rents provide stable income with the opportunity to increase returns through market rent adjustments and continued unit optimization. Ideal for both seasoned and 1031-exchange investors seeking value-add potential in a high-demand rental area. Possibility to deliver 1 unit vacant for an owner user.

Multi-Family Active

Price

^$ 1,199,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1313

Year Built

1911

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26638505

Days on Market

Features

General

Living Area 2263

Heating Wall Furnace

Cooling None

Possession Close Of Escrow

Appliances Refrigerator

Zoning LARD1.5

Architectural Style Craftsman

Year Built 1911

Tenant Pays Electricity Gas

Stories Count 2

Levels Two

Gross Income 95220

County Los Angeles

Net Operating Income 67748

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Buyer Financing Cash Conventional FHA

Directions East of Normandie

City Los Angeles

Senior Community Y/N false

Open Parking Spaces 6

Number Of Units Total 3

MLS Area C34 - Los Angeles Southwest

Lot Size Units Square Feet

Lot Size Square Feet 5721

Property Attached Y/N true

Rent Control Y/N true

Standard Status Active

Occupancy Type Tenant

Cap Rate 5.65

Interior

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N false

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 5

Total Baths 3

Exterior

Parking Features Uncovered

Total Parking 6

Lot Size Area 5721

Number of Buildings 1

Building Area Total 2263

Lot Size Acres 0.1313

* Excluded Features

List By

Keller Williams Realty Santa Barbara

Broker

Jen@JenSteinRealty.com

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$7,382

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Monthly Principal & Interest: $7,382
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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,855,379

Percent of Sale Price 55%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
2/5/2026	$1,199,000		Listed Price

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1474 W Vernon Avenue, Los Angeles, CA, 90062 is a Multi-Family Home for sale at $1,199,000 with 2,263 sqft and a lot size of 0.1313. 1474 W Vernon Avenue has 5 bedrooms, 1.0 baths, and was built in 1911. The property's zip code is 90062 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1474 W Vernon Avenue

Multi-Family Home for sale in Los Angeles, CA

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