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For sale
  • Listing Provided by: 

    Juan Carlos Martinez DRE #02046723 562-469-0770,

    Juan Carlos Martinez

    $1,314,999

    702 W Vernon Ave, Los Angeles, CA 90037

    10beds
    6baths
    4,616sqft
    : 
    Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $285/sqft
    $-- HOA

    What's special

    STRATEGICALLY LOCATED JUST A MILE FROM THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC)! Welcome to this 6 unit investment opportunity in the heart of Los Angeles! This property is an attractive option for student housing. The area boasts a high walkability score, with numerous dining, shopping, and entertainment options nearby. Public transportation is easily accessible, providing convenient connections throughout the city. The "live in one, rent the others" model offers the potential for steady rental income while maintaining a personal residence within the property. The configuration allows for flexibility in tenant arrangements, catering to a variety of rental needs. Take advantage of this unique opportunity to own a multi-unit property in a vibrant Los Angeles neighborhood. With its prime location and endless possibilities, this property is ready for you to make it your own. Schedule a showing today and explore all that it has to offer!
    66 days
    on Zillow
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    62
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: May 29, 2025 at 06:55am

    Listing Provided by:

    Juan Carlos Martinez DRE #02046723 562-469-0770,

    Juan Carlos Martinez

    Source: CRMLS,MLS#: DW25119012MLS LogoOriginating MLS: California Regional MLS
    Travel times

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    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Appliances
    • Laundry: Outside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,616
    • Total interior livable area: 4,616 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    • Fencing: Wrought Iron
    Lot
    • Size: 7,408 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5018032026
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $285/sqft
    • Tax assessed value: $400,844
    • Annual tax amount: $5,853
    • Date on market: 5/28/2025
    • Listing terms: Conventional,1031 Exchange,FHA,Submit,VA Loan
    • Tenant pays: Electricity, Gas
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