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$899,000
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Property Description
Two 3-Bedroom 2-Bathroom Units | Prime Investment Opportunity in Los Angeles
An exceptional opportunity to own Two Three-bedroom residences in one of Los Angeles' most rapidly evolving neighborhoods. Located in Metropolitan South, this property offers the perfect blend of modern construction, strong rental demand, and long-term appreciation potential-all just minutes from Downtown Los Angeles. One unit is available to view and move into.
Each thoughtfully designed unit features a spacious and comfortable floor plan, ideal for today's renters who value privacy, functionality, and convenience. Three-bedroom units in this area are consistently in high demand, making this a solid choice for both homeowners and first-time investors.
This means the next owner can enjoy peace of mind and significant cost savings, with the ability to focus on cash flow rather than on repairs or deferred maintenance.
Modern Features Renters Love
•Each unit includes its own private laundry room
•Two private entrances (front and rear)
•Direct access to and Back parking
The layouts feel open, airy, and well-proportioned-spaces that homeowners and renters are proud to call home.
Location That Drives Value
Living here places residents just minutes from the cultural and entertainment core of Los Angeles, including:
•Crypto.com Arena
•Dorothy Chandler Pavilion
•Walt Disney Concert Hall
•SoFi Stadium
Los Angeles is uniquely positioned as a transportation and connectivity hub, bordered by major freeways including the 110 FWY, with the iconic Hollywood Interchange nearby-making commuting and access across the city seamless.
Built-In Upside
In addition to immediate income potential, the property is ready for future expansion, with the ability to add 2 additional ADU-creating a rare value-add opportunity in a supply-constrained market.
Why This Property Stands Out
? High-demand unit mix
? Minimal maintenance concerns
? Strong location near Downtown LA
? Expansion potential for increased returns
This is more than a property-it's a strategic foothold in one of Los Angeles' most promising neighborhoods. A place to grow, invest, and build long-term wealth in Cal
Full Property Details
Full Property Details for 1629 E Vernon
General
- Sold For: $899,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25230352
- Added to Site: 155 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, All Bedrooms Up
- Fireplace(s): None
- Appliances: None
- Flooring: Tile, Laminate
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Location
- Area: C16 - Mid Los Angeles
- County: Los Angeles
- Development Name: C16 - Mid Los Angeles
- Driving Directions: Off 110 fwy
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Private Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Roof: Shingle
- Entry Location: FRONT
- Square Feet: 2,274
- Year Built: 1922
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Property View: None
- Lot Size (Acres): 0.1196
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $395.34
- Price Per Unit: 449500
Listed by HomeSmart Realty Group, Cruz Zavala
Sold by Amberwood Real Estate, Inc., Eduardo Morales
Get Pre-Approved Today
Schools
Schools serving 1629 E Vernon
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Ascot Avenue Elementary School 1447 East 45th Street, Los Angeles, CA 90011 | K-5 | 0.2 mi |
George Washington Carver Middle School 4410 McKinley Avenue, Los Angeles, CA 90011 | 7-8 | 0.9 mi |
Thomas Jefferson Senior High School 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.5 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.5 mi |
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High 300 East 53rd Street, Los Angeles, CA 90011 | 9-12 | 1.5 mi |
Santee Education Complex 1921 S. Maple Ave., Los Angeles, CA 90011 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1629 E Vernon
Date
Details
Price
Change
Source
4/28/2026
Sold
$899,000
—
MLS
3/06/2026
Price Reduced
$899,000
-5.37%
MLS
2/13/2026
Price Reduced
$950,000
-2.56%
MLS
1/02/2026
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1629 E Vernon, Los Angeles, CA 90011 (MLS# PW25230352) is a Multi-Family property that was sold at $899,000 on April 28, 2026. Want to learn more about 1629 E Vernon? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

