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!
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
Est.:
Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$285/sqft
$-- HOA
What's special
- 66 days
- on Zillow |
- 62 |
- 1 |
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#: DW25119012
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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