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$821,000
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Property Description
Prime mixed-use investment opportunity located at 348 W Vernon Ave, Los Angeles. This versatile property features a street-level commercial storefront currently used as a retail space, plus three residential units, offering multiple income streams in a high-demand urban corridor.
The commercial unit benefits from strong street exposure along Vernon Avenue, with a wide storefront window, security gate, and flexible interior layout ideal for retail, office, or service-oriented uses. Excellent visibility and signage potential enhance business appeal.
The residential component consists of three separate units, including a combination of single-story and upper-level unit with private entrances. Units feature functional floor plans, natural light, and practical layouts suitable for long-term tenants. A shared courtyard and on-site access provide convenience and separation from the commercial space.
The property sits on a fully improved lot with alley access, 3 individual meters, and a layout conducive to efficient management. Aerial views highlight proximity to major thoroughfares, public transportation, and nearby freeways, offering easy access to Downtown Los Angeles and surrounding neighborhoods.
Located in a strong rental market with consistent demand for both residential and commercial space, this asset presents an excellent opportunity for investors, owner-users, or those seeking to reposition a mixed-use property for increased cash flow.
Zoned for mixed use. Buyer to verify all zoning, unit count, and permitted uses with the City of Los Angeles.
Full Property Details
Full Property Details for 348 W Vernon Ave
General
- Price: $821,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: DW25276389
- Updated: 12/22/2025
- Days on Market: 59 days
- Added to Site: 62 day(s) ago
Business
- Business Type: Cabinets, Candy/Cookie, Carpet/Tile, Convenience Stor
Rooms
Other Rooms
- Laundry: None, See Remarks
Location
- County: Los Angeles
- Driving Directions: Turn left onto S Broadway Pl
Structural Information
- # Buildings: 2
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 2940
- Square Feet: 2,940
- Year Built: 1911
Lot Features
- Lot Size (Acres): 0.1149
- Useable Acres: .1149
- Lot Size (Sq. Ft.): 5,004
- Lot Size Source: Assessor
- Lot Features: 2-5 Units/Acre, Rectangular Lot
- Lot Description: 2-5 Units/Acre, Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $279
Disclosures and Reports
- Property ID: 5110003004
Listed by Century 21 Realty Masters, AnabellaJimenez
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Schools
Schools serving 348 W Vernon Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
West Vernon Avenue Elementary School 4312 South Grand Avenue, Los Angeles, CA 90037 | K-5 | 0.1 mi |
William Jefferson Clinton Middle School 3500 South Hill Street, Los Angeles, CA 90007 | 6-8 | 1 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 1.7 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 348 W Vernon Ave
Date
Details
Price
Change
Source
12/15/2025
Listed
$821,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 348 W Vernon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,952
4%
$284,138
4%
2023
$3,804
4%
$273,106
2%
2022
$3,642
2%
$267,752
2%
2021
$3,583
-1%
$262,503
1%
2020
$3,612
4%
$259,812
2%
2019
$3,485
3%
$254,719
2%
2018
$3,376
2%
$249,725
2%
2017
$3,306
3%
$244,829
2%
2016
$3,202
1%
$240,029
2%
2015
$3,159
-1%
$236,425
2%
2014
$3,177
—
$231,795
—
2013
$3,177
—
$230,748
—
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 348 W Vernon Ave
348 W Vernon Avenue, Los Angeles, CA 90037 (MLS# DW25276389) is a Commercial property. 348 W Vernon Avenue is currently listed for $821,000 and was received on December 15, 2025. Want to learn more about 348 W Vernon Avenue? 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.

