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27803221
27803247

522 W Vernon Ave, Los Angeles, CA 90037 For Sale

SS
CA CA 02122389
Keller Williams Realty Westside
Listed by Keller Williams Realty Westside
$1,600,000
270 days on market
Updated 3 days ago

522 W Vernon Ave

Details
APN 5018033017
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 4
Cap Rate 8.5%
NOI $136,000
Occupancy 100%
Pro-Forma Cap Rate 8.5%
Pro-Forma NOI $136,000
Class B
Acreage 7245.000
Zoning C2
Occupancy Date 03/01/2026

income-producing property featuring two separate structures

Marketing description

Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio. The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.

Investment highlights

Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.

Listing Contacts

SS
CA CA 02122389
Keller Williams Realty Westside
Listed by Keller Williams Realty Westside

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$136,000.00
$11,333.33/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Shahram Shamounpour
License
CA 02122389
Brokerage
Keller Williams Beverly Hills
Brokerage Phone
4243132744
Title
Real Estate Broker
Brokerage Address
North Canon Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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