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Map
$929,982*
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Multifamily -
Off Market
1038 W Vernon Avenue
Los Angeles, CA 90037
Studio
0 Bath
$621,000 - $757,000
Reference Base Price*
34.80%
Since Oct 1, 2020
CA-Los Angeles
Primary Model
About This Property
Incredible opportunity for FHA/Owner-occupant Buyers, Value-Add
investors, and builders! This Triplex property is Zoned LAC2, in a
Transit Oriented Community (TOC) - Tier 3, and has a potential to
built a larger, mixed-use, multifamily property. In addition, it
has great potential in rent growth & ADU conversion for substantial
meat on the bone with existing use. The property consist of a
detached spacious front unit of 2 bedrooms 1 bath (WILL BE
VACATED). The back detached 2 units are 1 bedroom and 1 baths each.
There is vast amounts of parking space on lot, enough for all 3
occupants to park their cars with seamless access to driveway. The
property is conveniently and centrally located near the University
of Southern California, the iconic LA Memorial Coliseum, LAFC
stadium, the 110 freeway, majors stores & shops, and minutes away
from the vibrant DTLA. This area is yet to be unlocked and explode
in value!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1938
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 30, 2020 | Sold to Diego E Gonzalez, Efren Gon... | $705,000 | |
Sold to Diego E Gonzalez, Efren Gon... | |||
Sep 9, 2020 | No longer available | - | |
No longer available | |||
Aug 10, 2020 | Price Decreased |
$689,900
↓ $35K
(4.8%)
|
|
Price Decreased | |||
Jul 17, 2020 | Listed | $725,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Multifamily
5
Beds
2
Baths
1,866 ft²
$397/ft²
$740,000
Nov 16, 2023
-
-
In Contract
House
3
Beds
1
Bath
1,191 ft²
$588/ft²
$699,999
Feb 9, 2024
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/17/2020
|
|
Studio
|
-
|
-
|
$725,000
Studio
-
|
-
-
|
-
|
-
|