Los Angeles, CA 90037,702 W Vernon AVE
Los Angeles, CA 90037,702 W Vernon AVE
Los Angeles, CA 90037,702 W Vernon AVE
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$ 1,375,000
Est. payment | /mo

7,405 Sqft Lot


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$ 1,375,000
Est. payment | /mo
Save

7,405 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25021564

HOA Y/N No

Year Built 1924

Lot Size 7,405 Sqft

Property Description

STRATEGICALLY LOCATED JUST A MILE FROM THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC)! Welcome to this 6 unit investment opportunity in the heart of Los Angeles! This property is an attractive option for student housing. The area boasts a high walkability score, with numerous dining, shopping, and entertainment options nearby. Public transportation is easily accessible, providing convenient connections throughout the city. The "live in one, rent the others" model offers the potential for steady rental income while maintaining a personal residence within the property. The configuration allows for flexibility in tenant arrangements, catering to a variety of rental needs. Take advantage of this unique opportunity to own a multi-unit property in a vibrant Los Angeles neighborhood. With its prime location and endless possibilities, this property is ready for you to make it your own. Schedule a showing today and explore all that it has to offer!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAR3

Interior

Fireplace No

Laundry See Remarks

Building

Lot Description 0-1 Unit/Acre

Story 2

Water Public

Others

Tax ID 5018032026

Acceptable Financing Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Submit, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Submit, VA Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Juan Carlos Martinez • Juan Carlos Martinez • 562-302-3161
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702 W Vernon AVE