1474 W Vernon Avenue, Los Angeles, CA 90062 (MLS # 26638505)

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PRICE $1,189,000 dsIDX morgage calculator
BEDS 5
BATHS 3
HOME SIZE 2,263 sqft
LOT SIZE 5,720 sqft

Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong current 5.6% Cap Rate with additional rent upside potential. The property features two spacious 2-bedroom / 1-bath units (downstairs Unit 1478 and upstairs Unit 1474) plus a 1-bedroom / 1-bath unit (Unit 1478.5). Significant upgrades completed within the last 3 years include newer flooring, newer kitchens and bathrooms, fresh interior paint, new water heaters, plumbing improvements, waste line replacement, and one new wall heater. Current rents provide stable income with the opportunity to increase returns through market rent adjustments and continued unit optimization. Ideal for both seasoned and 1031-exchange investors seeking value-add potential in a high-demand rental area. Two units can be delivered vacant.

DAYS ON MARKET 38 LAST UPDATED 2/14/2026
YEAR BUILT 1911 COMMUNITY C34 - Los Angeles Southwest
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Feb 14, '26 $1,199,000
Feb 14, '26 - Today $1,189,000


ADDITIONAL DETAILS
AIR None
APPLIANCES Refrigerator
AREA C34 - Los Angeles Southwest
HEAT Wall Furnace
LOT 5719 sq ft
LOT DIMENSIONS 5721
STORIES 2
STYLE Craftsman
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1474 W VERNON AVENUE
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Listed with Keller Williams Realty Santa Barbara

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 3/14/26 8:18 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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