3039 W Vernon Los Angeles, CA $ 1,169,000
3039 W Vernon
$ 1,169,000
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3039 W Vernon

Los Angeles, CA, 90008
$ 1,169,000
Baths1.0 Sq 4,608

Monthly Estimate*

$ 7,198

Listed by First Family Homes
3039 W Vernon, Los Angeles, CA 90008 - Image 1
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3039 W Vernon, Los Angeles, CA 90008 - Image 10
3039 W Vernon, Los Angeles, CA 90008 - Image 11
3039 W Vernon, Los Angeles, CA 90008 - Image 12
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,169,000 with 1 full bath. This 4,608 square foot home was built in 1953 on a lot size of 0.115.

FIRST TIME IN THE MARKET IN THE LAST 50 YEARS. THE SUBJECT PROPERTY IS A EIGHT-UNIT APARTMENT BUILDING LOCATED IN THE LEIMERT PARK NEIGHBORHOOD OF LOS ANGELES. THE COMPLEX WAS BUILT IN 1953 THE BUILDING FEATURES BALANCED UNIT MIX OF SIX 1 BEDROOM, 1 BATHROOM UNITS AND TWO 1 BEDROOM, 1 BATHROOM UNITS. THIS PROPERTY PRESENTS A GOOD OPPORTUNITY FOR INVESTORS SEEKING POTENTIAL INCOME, THERE ARE 4 UNITS VACANT WHICH COULD RENT UP TO CURRENT RENT MARKET VALUE, PROPERTY COMES WITH 4 CAR GARAGES IDEAL TO MAKE LARGE ADU OR EVEN 2 JUNIOR ADU. OWNER HAS DONE A GREAT JOB MAINTAINING THESE 8 UNITS.

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Multi-Family Pending

Price

$ 1,169,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.115

Year Built

1953

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26077548

Days on Market

14

Features
General
Sewer Public Sewer
Garage Spaces 4
Pool Features None
Year Built 1953
Tenant Pays Electricity Gas
Property Subtype Apartment
Gross Income 121060
Community Features Street Lights
County Los Angeles
Net Operating Income 113560.6
Operating Expense 8560
Insurance Expense 5200
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard Trust
Status Pending
Directions vernon ave and 8th St
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 8
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 5010
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 650
Water Sewer Expense 2800
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 17
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls 1 Common Wall
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 4
Lot Size Area 5010
Number of Buildings 1
Building Area Total 4608
Lot Size Acres 0.115
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
First Family Homes

Broker

ddmakeithappen1@gmail.com

Email

Affordability Calculator

$7,198
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Monthly Principal & Interest
$7,198
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2026$1,169,000 Listed Price

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3039 W Vernon, Los Angeles, CA, 90008 is a Multi-Family Home for sale at $1,169,000 with 4,608 sqft and a lot size of 0.115. 3039 W Vernon is a studio with 1.0 baths and was built in 1953. The property's zip code is 90008 which is in Los Angeles, CA