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For SaleSingle-Family Home

1257 W Vernon

Los Angeles, CA 90037

$1,200,000
$420/sq ft
Bedrooms
7
Bathrooms
4.5
Interior
2,854 sq ft
Year Built
1958

About this residence

ATTENTION INVESTORS!!!—Excellent triplex opportunity in the heart of Vermont Square, Los Angeles. This income-producing property offers 2,854 square feet of living space on a 5,501 square foot lot and is conveniently located just 7 minutes from USC, Exposition Park, the Natural History Museum, BMO Stadium, schools, shopping, and dining. The property consists of three units: Front Unit (Delivered Vacant & Fully Remodeled): A spacious 3-bedroom, 2-bathroom home featuring a living room, dining room, and full kitchen. Second Unit – Townhome Style (Delivered Vacant & Fully Remodeled): Two levels with a living room, dining room, full kitchen, and half bathroom on the first floor, and 2 bedrooms with a full bathroom on the second floor. This unit includes a one-car attached garage. Third Unit: A 2-bedroom, 1-bathroom unit with a living room, dining area, and full kitchen—currently tenant occupied. The property offers excellent upside potential, with two vacant, remodeled units ready for immediate rental at current market rates, or ideal for an owner-user or house-hacker. Additional features include: Six total parking spaces (five uncovered rear spaces plus the attached garage. Separate electrical meters and gas connections for each unit. Separate water meter for Unit 1; Units 2 & 3 share one water meter. Originally a single-family residence, the property was legally converted into a triplex with permits in 2007.

None1 parking

Property details

Status
For Sale
Property type
Single-Family Home
Price per sq ft
$420/sq ft
Days on market
65 days
Year built
1958
HOA fee
$0/mo
View
None
Parking
1 space
Furnished
No
Waterfront
No
MLS number
SR26014528

Location & neighborhood

1257 W Vernon, Los Angeles, CA 90037

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Mortgage calculator

Down payment20% · $240,000
Interest rate6.50%
Loan term30 years
$8,388
per month
  • Principal & interest$6,068
  • Property taxes$1,820
  • Insurance$500
  • HOA / fees$0
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Estimate only. Taxes, insurance and HOA are approximate.

Listing courtesy of Global Premier Properties, Inc. · MLS SR26014528. Information deemed reliable but not guaranteed; buyers should independently verify all details.

Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.

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