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$1,450,000
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Property Description
Presenting a unique mixed-use, two-story property in the heart of Los Angeles, offering incredible income potential. The ground floor boasts two spacious office suites and a retail store, currently operating as a grocery and wine/beer shop. Both office spaces are available for leasing, presenting an excellent opportunity for a new tenant or owner-user.
The second floor is home to six residential units, including three studios and three one-bedroom, one-bath apartments. Additionally, the property includes a vacant lot at the rear, providing parking for both tenants and customers. There is significant potential for building an Accessory Dwelling Unit (ADU) in the parking area.
Ideally situated near major attractions such as BMO Stadium, the National Historic Museum of Los Angeles, Kia Forum, and YouTube Theater. This profitable property offers convenience and accessibility in a thriving neighborhood.
This is a rare and lucrative opportunity-don't miss out!
Full Property Details
Full Property Details for 1763 W Vernon
General
- Price: $1,450,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: SB25236122
- Updated: 1/10/2026
- Days on Market: 131 days
- Added to Site: 134 day(s) ago
Business
- Business Type: Grocery, Mixed, Multi-Tenant, Retail
Rooms
Other Rooms
- Laundry: None
Parking
- Uncovered Spaces: 10
Location
- County: Los Angeles
- Driving Directions: On Freeway 110, exit to Vernon Ave, 1.8 mile on W Vernon Ave, property is on your right
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Utility Description: Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Construction: Concrete, Drywall Walls, Stucco
- Roof: Composition, Flat, Rolled/Hot Mop
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 6800
- Square Feet: 6,800
- Current Bldg. Use: Multi-Family
- Year Built: 1922
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.1437
- Useable Acres: .1437
- Lot Size (Sq. Ft.): 6,258
- Lot Size Source: Assessor
- Fence: Yes
- Lot Features: 6-10 Units/Acre, Level
- Lot Description: 6-10 Units/Acre, Level
- Fencing (Description): Chain Link, Partial
Financial Considerations
- Price Per Sq. Ft.: $213
- Expenses: $15,000
- Operating Expenses: $15,000
Disclosures and Reports
- Exclusions: Wine, beer, California lottery and groceries store
- Property ID: 5021025016
Listed by Atesa Real Estate, Inc., PhilipOnyenedum and ThessyOnyenedum
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Schools
Schools serving 1763 W Vernon
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Normandie Avenue Elementary School 4505 South Raymond Avenue, Los Angeles, CA 90037 | PK-5 | 0.6 mi |
Barack Obama Global Preparation Academy 1700 West 46th Street, Los Angeles, CA 90062 | 6-8 | 0.2 mi |
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet 5010 11th Avenue, Los Angeles, CA 90043 | 9-12 | 1.1 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 1763 W Vernon
Date
Details
Price
Change
Source
12/02/2025
Price Reduced
$1,450,000
-6.45%
MLS
10/30/2025
Price Reduced
$1,550,000
-11.43%
MLS
10/09/2025
Listed
$1,750,000
1300%
MLS
4/30/1997
Sold
$125,000
—
Public Record
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
Tax History for 1763 W Vernon
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,762
5%
$202,852
4%
2023
$3,595
3%
$194,976
2%
2022
$3,477
2%
$191,154
2%
2021
$3,397
—
$187,407
1%
2020
$3,413
3%
$185,486
2%
2019
$3,323
4%
$181,850
2%
2018
$3,181
3%
$178,286
2%
2017
$3,088
5%
$174,791
2%
2016
$2,943
1%
$171,365
2%
2015
$2,913
-1%
$168,792
2%
2014
$2,945
1%
$165,487
—
2013
$2,929
—
$164,741
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1763 W Vernon
1763 W Vernon, Los Angeles, CA 90062 (MLS# SB25236122) is a Commercial property. 1763 W Vernon is currently listed for $1,450,000 and was received on October 09, 2025. Want to learn more about 1763 W Vernon? Do you have questions about finding other Commercial 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.

