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$1,300,000
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Property Description
Introducing an exceptional mixed-use, two-story property strategically located in the vibrant heart of Los Angeles, offering remarkable income potential and investment opportunities.
The ground floor features two generously sized office suites, each designed to accommodate a variety of business needs, along with a retail space currently thriving as a grocery and wine/beer shop. These office suites are available for lease, making it an ideal opportunity for a new tenant or owner-user seeking a prime location in a bustling market.
On the second floor, you will find six carefully designed residential units, comprising three modern studios and three spacious one-bedroom, one-bath apartments. Each unit is thoughtfully laid out to maximize space and comfort, catering to long-term tenants.
Additionally, the property boasts a vacant lot at the rear, providing valuable parking for tenants and customers. This area holds significant potential for further development, including the possibility of adding an Accessory Dwelling Unit (ADU), which could enhance rental income and attract a broader tenant base.
The prime location of this property is a significant advantage, situated in close proximity to major attractions such as BMO Stadium, USC, the National Historic Museum of Los Angeles, the Kia Forum, and YouTube Theater. This vibrant neighborhood not only offers a dynamic lifestyle but also ensures high foot traffic and visibility for retail and office operations.
This unique and lucrative investment opportunity is not to be overlooked. Seize your chance to capitalize on a property that combines convenience, accessibility, and the potential for growth in a thriving Los Angeles market!
Full Property Details
Full Property Details for 1763 W Vernon
General
- Price: $1,300,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: SB25236122
- Updated: 4/14/2026
- Days on Market: 228 days
- Added to Site: 232 day(s) ago
Business
- Business Type: Grocery, Retail, Mixed, Multi-Tenant
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, Stucco, Drywall Walls
- Roof: Composition, Rolled/Hot Mop, Flat
- 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: Level, 6-10 Units/Acre
- Lot Description: Level, 6-10 Units/Acre
- Fencing (Description): Chain Link, Partial
Financial Considerations
- Price Per Sq. Ft.: $191
- 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 ATTOM Data Solutions 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
3/30/2026
Price Reduced
$1,300,000
-2.91%
MLS
3/23/2026
Price Reduced
$1,339,000
-4.36%
MLS
3/13/2026
Price Reduced
$1,400,000
-3.38%
MLS
2/23/2026
Price Reduced
$1,448,999
-0.07%
MLS
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 $1,300,000 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.

