186 E Vernon AVE, Los Angeles, CA 90011
186 E Vernon AVE, Los Angeles, CA 90011
186 E Vernon AVE, Los Angeles, CA 90011
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Chi Hye Williams

Chi Hye Williams

+1(949) 751-9741
$699,000
Est. payment /mo
4 Beds
4 Baths
2,247 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,247 sqft

Price per Sqft $311

MLS Listing ID 26848321

Bedrooms 4

HOA Y/N No

Year Built 1921

Lot Size 6,921 Sqft

Property Description

Stable, fully occupied three-unit income property located close to USC and Downtown L.A. The property consists of three residential units across two separate buildings on a large 6,921-square-foot lot zoned C2-1VL with future development potential. The unit mix includes two 1-bedroom/1-bath units (one of them Section 8) and one unit 3-bedroom/1 bath, providing strong rental income. The South Los Angeles market continues to benefit from proximity to Downtown LA, USC, Exposition Park, and major transit infrastructure. Adjacent to the signalized corner of San Pedro Place and Vernon Avenue, with the future potential of a broad range of commercial uses by-right and TOC Tier 2 Designation, offering a significant density bonus potential for qualified affordable housing projects.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAC2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 3

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5109001016

Special Listing Condition Standard

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Listed by Darin Spillman Kidder Mathews of California, Inc. #01366902

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Chi Hye Williams

Chi Hye Williams

+1(949) 751-9741

Broker Associate | License ID: 01912994

Broker Associate License ID: 01912994

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