$1,200,000

458 W Vernon Avenue, Los Angeles, CA 90037

  • 6 beds
  • 3,726 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1911
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $322/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Fully renovated 4-unit income property with approved ADU plans near USC and Exposition Park! Rare corner location adjacent to freeway access. All four units have been recently renovated and are occupied with new tenants, making this a turnkey investment opportunity. Zoned LAC2, the property includes approved plans for two additional 3-bedroom, 2-bath ADUs—offering significant upside potential through expansion. There is also an opportunity with the C2 zoning to explore redevelopment. Whether you're a hands-off investor seeking steady income or an active investor looking to add value, this asset checks all the boxes. Located on a high-visibility corner at Vernon and Figueroa with strong foot traffic, immediate freeway access, and excellent transit options. Just steps from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown LA, this property sits in one of the city's fastest-growing neighborhoods. Don’t miss this rare opportunity to invest in both current cash flow and future growth.

Listing Status:
Active
Date Added:
June 23, 2025 at 05:00AM
Listing Office:
McIntire Real Estate Inc. : 818-618-7990
Listing Agent:
Joshua McIntire : 818-618-7990
MLS ID:
CRAR25141126
  • Laundry: No Hookups
  • Flooring: Laminate
  • Heating: Wall Furnace
  • General: Other
  • Parking: Other
  • HOA Amenities: 0.0
  • County: Los Angeles
  • Zoning: LAC25018034002

This listing courtesy of Joshua McIntire, McIntire Real Estate Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Vernon Avenue Elementary

4312 S Grand Ave, Los Angeles, CA, 90037

Grades KG-5

0.13 miles away

W

William Jefferson Clinton Middle School

3500 S Hill St, Los Angeles, CA, 90007

Grades 6-8

1.06 miles away

M

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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