532 W Vernon Avenue, Los Angeles, CA 90037 (MLS # SR25180573)

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PRICE $2,850,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 7,354 sqft
LOT SIZE 7,249 sqft

Prime Brand-New 5-Unit Apartment Building in South Los Angeles - Investor Ready! We are excited to present this stunning brand-new construction 5-unit multifamily property completed in 2022, offering a rare combination of modern design, premium finishes, and unbeatable location. Perfectly positioned in a vibrant South Los Angeles neighborhood, this property sits just west of S. Figueroa Street and south of W. Vernon Avenue, placing residents minutes from Downtown LA, USC, Exposition Park, and major commuter routes. Spread across three beautiful buildings, the property boasts an exceptional unit mix: One (1) spacious 1-bedroom, 1.5-bath ADU Two (2) large 3-bedroom, 3-bath townhouse-style units Two (2) expansive 4-bedroom, 4-bath townhouse-style units The four front units span three stories each, while the rear ADU offers a comfortable two-story layout"”each with thoughtfully designed open floor plans, abundant natural light, and modern amenities. Inside, you'll find high ceilings, contemporary kitchens with stainless steel appliances, designer cabinetry, and stone countertops, along with beautiful flooring, recessed lighting, and energy-efficient systems. Location is key, and this property delivers"”just two miles from USC, making it a prime choice for off-campus housing, and less than four miles to Downtown LA for working professionals. Outdoor enthusiasts will love being minutes from Banc of California Stadium, Exposition Park, and Julian C. Dixon Park, while everyday convenience is met with nearby shopping, dining, and retail along Figueroa Street. As a non-rent-controlled, fully vacant, brand-new construction asset in a rapidly gentrifying market, this turnkey investment opportunity has strong rental income potential. Whether catering to students professionals, or families, this property is primed to deliver exceptional long-term value. Don't miss your chance to own a premier multifamily property in one of Los Angeles' fastest-growing neighborhoods!

DAYS ON MARKET 3 LAST UPDATED 8/13/2025
YEAR BUILT 2022 COMMUNITY C23 - Metropolitan
GARAGE SPACES 4.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
AREA C23 - Metropolitan
GARAGE Yes
HEAT Wall Furnace
INTERIOR Recessed Lighting
LOT 7248 sq ft
LOT DESCRIPTION Back Yard, Front Yard
PARKING Covered, Driveway, Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3+
UTILITIES Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public
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CONTACT US ABOUT 532 W VERNON AVENUE
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Listed with Luxury Collective

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 8/15/25 7:31 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

This IDX solution is (c) Diverse Solutions 2025.

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