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965 W Vernon Ave, Los Angeles, CA 90037

$580,000

  • Sold
  • Closed
  • 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
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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 Details for 965 W Vernon Ave

General

  • Sold For: $580,000
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 18-313780
  • Added: 248 day(s) ago

Interior

  • Interior Features: Other

Parking

  • Parking: Gated

Location

  • County: Los Angeles
  • 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
  • Zoning: LAC2

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

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Schools

Schools serving 965 W Vernon Ave

Score
Name
Grades
Distance
NR
Marguerite Poindexter Lamotte Elementary School
4410 Orchard Ave, Los Angeles, CA 90037
K-5
0.1 mi
NR
Dr James Edward Jones Primary Center
1017 W 47th St, Los Angeles, CA 90037
K-2
0.2 mi
1
1700 W 46th St, Los Angeles, CA 90062
6-8
1.1 mi
3
4131 S Vermont Ave, Los Angeles, CA 90037
9-12
0.4 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 965 W Vernon Ave

Date
Details
Price
Change
Source
7/05/2018
Sold
$580,000
-7.35%
MLS
2/14/2018
Listed
$626,000
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Community Info

Community Info for 965 W Vernon Ave

Listed and Sold 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 that was sold at $580,000 on July 05, 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.