1362 East Vernon Avenue

Los Angeles, CA 90011

$699,000
Price
4
Beds
3
Baths
1,402 Sq. Ft.
$499 / Sq. Ft.
1,402
Sq. Ft.
$499
per Sq. Ft.

Description

Back on the market, at NO Fault to the seller, the Buyer & their agent could not perform. Seller is willing to Finance a portion of the loan! Welcome to 1362 E Vernon Ave, located in the HIGHLY DESIRED & EVER GROWING City of Los Angeles! This is the Perfect INVESTMENT Opportunity YOU have been searching for! This beautifully designed Triplex styled property features 1,402 total building SqFt consisting of a 3 bedroom 1 Bathroom in the first unit, a newly renovated middle unit which features 1 generous...Back on the market, at NO Fault to the seller, the Buyer & their agent could not perform. Seller is willing to Finance a portion of the loan! Welcome to 1362 E Vernon Ave, located in the HIGHLY DESIRED & EVER GROWING City of Los Angeles! This is the Perfect INVESTMENT Opportunity YOU have been searching for! This beautifully designed Triplex styled property features 1,402 total building SqFt consisting of a 3 bedroom 1 Bathroom in the first unit, a newly renovated middle unit which features 1 generous sized bedroom, 1 full restroom, a large open airy kitchen, dining and living spaces while the back unit is a nice sized studio ready for you to design how you'd like. Situated on a 4,791 SqFt, LARD 1.5 Zoned Lot with a long driveway and large back yard that can park many cars or possibly build ADU. This is the perfect "live in one, rent out the other's" investment play. Centrally located just minutes from USC, Exposition Park, Downtown Los Angeles, public transportation and all major highways. This property has a ton of potential and is the PERFECT opportunity for either a First Time Buyer or Seasoned Real Estate investor looking to expand his / her portfolio. Act Now! Don't miss this chance of a lifetime!
  1. Listed by George Valencia • DRE #02083024 • Brokerage DRE #00760251 • Century 21 A Better Service • 562-250-7151

Property Details for 1362 East Vernon Avenue

Architectural Style
Bungalow, Traditional
View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 12/19/2024 03:40 AM

Property Details for 1362 East Vernon Avenue

StatusActive
MLS #DW24145248
Days on Market160
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1913
Lot Size0.11 AC / 4,791 SF
CountyLos Angeles County

Building Information for 1362 East Vernon Avenue

Stories1Residences-Year Built1913Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 1362 East Vernon Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $44,640
  • Gross Scheduled Income: $3,720
  • Net Operating Income: $0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 6
  • Tax Census Tract: 2287.20
  • CFD/Mello-Roos Fee: $421
  • Tax Lot: 6
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: None
Exterior Features
  • Security Features: Smoke Detector(s)
  • Roof: Other
  • Entry Location: Front
  • Fence: Yes
  • Fence: Chain Link, Wood, Wrought Iron
  • Fencing: Chain Link, Wood, Wrought Iron
  • Foundation Details: Raised, Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,770
  • Unit Type Total Rent: $1,770
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 0

Property History for 1362 East Vernon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1362 East Vernon Avenue

Taxable ValueLand$230,231Additions$112,553Total$342,784
Tax Record2024$4,534 ($378 / month)
Home Facts
Total Finished SqFt1,402 SqFtAbove Grade Finished SqFt1,402 SqFtLot Size4,791 SqFtStyleTriplexYear Built1913ZoningLARD1.5CountyLOS ANGELESAPN5107-003-005

Schools near 1362 East Vernon Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ascot Avenue Elementary School
PublicK to 5

Animo Jefferson Charter Middle School
Charter6 to 8

Nava College Preparatory Academy
Public9 to 12

Thomas Jefferson Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1362 East Vernon Avenue is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on July 15, 2024 by Century 21 A Better Service, it's currently listed at $699,000. It has been on the market for a total of 160 days and was last sold on November 15, 1990. This listing's school district is Los Angeles Unified School District. Nearby schools include Ascot Avenue Elementary School, Animo Jefferson Charter Middle School and Nava College Preparatory Academy. 1362 East Vernon Avenue is a 4-bed, 3-bath, 1,402 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 A Better Service, George Valencia, DRE #02083024

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.