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$2,395,000

  • For Sale
  • Active
  • Multi-Family
  • 17 Total Beds
See This Home
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Contemporary Fourplex! This remarkable property features two distinct buildings. The front building is two stories high and includes two units, each offering three bedrooms and two bathrooms. The back building showcases a tri-level design with side-by-side units: one containing four bedrooms and three bathrooms, while the other boasts seven bedrooms and five bathrooms. All units are designed with highly desirable floor plans in a townhome style, complete with en-suite bathrooms and master bedrooms. Expansive windows flood the interiors with natural light, and additional highlights include walk-in closets, custom window blinds, stainless steel appliances, two-tone interior paint, and energy-efficient LED lighting. Each unit also comes with its own laundry room, tankless water heaters for instant hot water, and energy-saving HVAC systems.Ample parking is available, featuring decorative pavers, an attached garage, and an automatic gate opener. The property is well-maintained, with drought resistant landscaping and includes solar panels, ensuring it is self-sustainable with minimal maintenance costs. Each unit is individually metered, and an EV charging connection is provided in the garage. This attractive property is easy to rent and is centrally located near Downtown Los Angeles, USC, and major public transportation routes. With no rent control and increasing demand for rentals in the area, this building presents a great investment opportunity.

Full Property Details for 1348 E Vernon Ave

General

  • Price: $2,395,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25590259
  • Updated: 10/10/2025
  • Added to Site: 129 day(s) ago

Interior

  • Rooms/Areas: 2nd Story Family Room, Breakfast Area, Center Hall
  • Cooking Appliances: Oven, Oven-Gas, Cooktop - Gas
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 12
  • Bathroom Features: Shower and Tub

Bedrooms

  • Total Bedrooms: 17

Other Rooms

  • Family Room: 1
  • Laundry: In Unit

Additional Information

  • Security/Safety: Fire Rated Drywall, Smoke Detector, Automatic Gate
  • Other Features: None

Parking

  • Covered Spaces: 4
  • Garage Description: Converted Garage, Driveway

Location

  • Area: Downtown L.A.
  • County: Los Angeles
  • Cross Streets: Hoover
  • Driving Directions: From the 110 use the Vernon Ave exit . Merge on S Grand Ave Turn to Vernon Ave

Heating & Cooling

  • Cooling Type: Air Conditioning
  • Heating Type: Baseboard, Electric, Floor, Forced Air, Natural Gas

Utilities

  • Sewer: In Street
  • Water: Meter on Property, Public, Water District
  • # Water Meters: 4
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • # Buildings: 2
  • Architectural Style: Contemporary
  • Exterior Const.: Frame, Hard Coat
  • Basement Desc.: Slab
  • Foundation: Slab
  • Roof: Composition
  • Common Walls: Attached
  • Windows: Double-Pane Windows
  • Entry Floor Number: 1
  • Entry Location: Ground Level w/steps
  • Stories/Levels: 2
  • Square Feet: 5,927
  • Sq. Ft. Source: Builder
  • Year Built: 2022
  • Year Built Source: Builder
  • Property Condition: Updated/Remodeled, New Construction
  • Other Struct. Feat.: Energy Efficient

Unit Information

  • Units in Complex: 4
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 3
  • Bedrooms: 4

Unit 4

  • Total Bathrooms: 5
  • Bedrooms: 7

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.1377
  • Lot Size: 5997
  • Lot Size Source: Vendor Enhanced
  • Irrigation System: Sprinkler System
  • Lot Features: City
  • Zoning: LARD1.5
  • Lot Description: Exterior Security Lights, Fenced, Automatic Gate

Financial Considerations

  • Price Per Sq. Ft.: $404.08
  • Assessment Year: 2022
  • Owner Pays: Gardener
  • Tenant Pays: Gas, Electricity, Water, Trash Collection, Hot Water

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 5107-003-007

Listed by Compass, Joe Myers

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Listing agent

— 1348 E Vernon Ave —

  • Joe Myers

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1348 E Vernon Ave

School District:Los Angeles Unified School District
NameGradesDistance
Ascot Avenue Elementary School
1447 East 45th Street, Los Angeles, CA 90011
K-50.2 mi
George Washington Carver Middle School
4410 McKinley Avenue, Los Angeles, CA 90011
7-80.6 mi
Nava College Preparatory Academy
1319 East 41st Street, Los Angeles, CA 90011
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1348 E Vernon Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/10/2025
Price Reduced
$2,395,000
-4.01%
MLS
9/10/2025
Listed
$2,495,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1348 E Vernon Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,332
3%
$2,054,790
287%
2024
$24,570
270%
$530,603
2%
2023
$6,642
5%
$520,200
2%
2022
$6,341
151%
$510,000
180%
2021
$2,526
-1%
$182,210
1%
2020
$2,545
4%
$180,342
2%
2019
$2,457
4%
$176,807
2%
2018
$2,373
2%
$173,341
2%
2017
$2,323
3%
$169,943
2%
2016
$2,257
1%
$166,612
2%
2015
$2,228
-1%
$164,111
2%
2014
$2,243
—
$160,897
—
2013
$2,243
—
$160,171
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass, Joe Myers

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1348 E Vernon Ave, Los Angeles, CA 90011 (MLS# 25590259) is a Multi-Family property with units containing 17 bedrooms and 0 full bathrooms. 1348 E Vernon Ave is currently listed for $2,395,000 and was received on September 10, 2025. Want to learn more about 1348 E Vernon Ave? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

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