Recently Viewed Properties
965 W Vernon Ave, Los Angeles, CA 90037

$626,000

  • For Sale
  • Active
  • Multi-Family
965 W Vernon Ave, Los Angeles, CA 90037View this property at 965 W Vernon Ave, Los Angeles, CA 90037
965 W Vernon AveLos AngelesCA90037

Property Description

EXCELLENT INVESTMENT OPPORTUNITY! This terrific upgraded 4-unit income property consists of a two story 4-plex plus attached large single story bonus room/storage unit. Lot's of possibilities. It's well located on Vernon Avenue near Expo Line and 110 freeway. It provides good cash flow with huge almost 60% upside potential in rents and very low maintenance. Two of the units have been completely updated. The building has a newer roof, partially updated plumbing and electrical and recently painted exterior. Gated parking for each unit. It could also be purchased together with 153 W Vernon Ave, Los Angeles, CA 90037 - 5 units listed for $799,000. The property is located in fast growing neighborhood of South West Los Angeles near Downtown LA
Live Hub, USC, public transportation, new metro lines, schools, libraries, hospitals, shopping centers, entertainment and easy access to all major freeways. Drive by only, subject to interior inspection. Please do not disturb tenants.

Full Property Detailsfor 965 W Vernon Ave

General

  • Price: $626,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 18-313780
  • Updated: 5/9/2018
  • Added: 98 day(s) ago

Interior

  • Interior Features: Other

Parking

  • Parking Features: Gated
  • Parking: Gated

Location

  • Area: Los Angeles Southwest (C34)
  • County: Los Angeles
  • Development Name: Los Angeles Southwest (C34)
  • Driving Directions: E of Vermont Ave, W of Hoover St, S of Martin Luther King Jr Blvd, N of Slauson Ave

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Wall Gas
  • Heating Fuel: Wall Gas

Structural Information

  • # Buildings: 1
  • Square Feet: 3,293
  • Year Built: 1932

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Sq. Ft.): 5,033
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAC2

Financial Considerations

  • Price Per Sq. Ft.: $190.1

Disclosures and Reports

  • Legal Disclosures: Take Property As Is, Rent Control

Listed by Innovative Property Strategies, Gabriela Manakova - CA DRE: 01932481

Quickly Find Out More

We Value Your Privacy

Or call us at (800) 500-4053

Schools

Schoolsserving 965 W Vernon Ave

School District:Los Angeles Unified School District
School Name
Grades
Distance
Marguerite Poindexter Lamotte Elementary School
4410 Orchard Ave, Los Angeles, CA 90037
K-5
0.1 mi
Dr James Edward Jones Primary Center
1017 W 47th St, Los Angeles, CA 90037
K-2
0.2 mi
Barack Obama Global Preparation Academy
1700 W 46th St, Los Angeles, CA 90062
6-8
1.1 mi
Manual Arts Senior High School
4131 S Vermont Ave, Los Angeles, CA 90037
9-12
0.4 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 965 W Vernon Ave Get Price Alerts

Date
Details
Price
Change
Source
2/14/2018
Listed
$626,000
84.12%
MLS
3/03/2014
Sold
$340,000
60.76%
Public Record
7/11/2013
Sold
$211,500
-12.78%
Public Record
11/04/2011
Sold
$242,500
-66.32%
Public Record
1/18/2006
Sold
$720,000
Public Record
Disclaimer: Historical sales and 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 965 W Vernon Ave

$
%
$
%

$
$

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

Community Info

Community Infofor 965 W Vernon Ave

Listed by Innovative Property Strategies, Gabriela Manakova - CA DRE: 01932481

965 W Vernon Ave, Los Angeles, CA 90037 (MLS# 18-313780) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 965 W Vernon Ave is currently listed for $626,000 and was received on February 14, 2018. Want to learn more about 965 W Vernon Ave? 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.