CHARMING DUPLEX WITH A BONUS SEPARATE DWELLING & DEVELOPMENT POTENTIAL!Welcome to 1362 E Vernon Ave, a prime investment opportunity in the heart of Los Angeles! Whether you’re looking to generate rental income, expand your portfolio, or live in one unit while renting out the others, this versatile duplex with a separate dwelling offers endless potential under LARD 1.5 zoning—a fantastic opportunity for future expansion.This property features 1,402 SqFt of living space across two units, plus an additional separate structure, ideal for an ADU (Accessory Dwelling Unit) or conversion into a third rental unit: • Front Unit: A well-sized 2-bedroom, 1-bathroom home, perfect for an owner-occupant or tenants seeking space. • Middle Unit: A beautifully renovated 1-bedroom, 1-bathroom unit, featuring an open-concept kitchen, dining, and living area, with modern updates and great natural light. • Separate Detached Dwelling: A bonus structure ready for transformation into an ADU, a studio rental, or a private workspace—unlocking even more income potential!Situated on a 4,791 SqFt lot, this property boasts a long driveway with ample parking and a spacious backyard, offering room for multiple vehicles or additional future development.Prime Location for Strong Rental Demand!Located just minutes from USC, Exposition Park, Downtown LA, major freeways, and public transportation, this property sits in a high-demand rental area—ideal for maximizing rental income and long-term appreciation.Don’t miss this rare opportunity! Whether you’re an investor looking to expand your portfolio or a homeowner seeking extra rental income, this duplex + separate dwelling offers unbeatable potential.Schedule a private showing today!
|
DAYS ON MARKET
|
23
|
LAST UPDATED
|
3/10/2025
|
|
YEAR BUILT
|
1913
|
COMMUNITY
|
Downtown L.A.
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AREA |
Downtown L.A. |
| LOT |
4791 sq ft |
| LOT DESCRIPTION |
0-1 Unit/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| WATER |
Public |
| ZONING |
LARD1.5 |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with KELLER WILLIAMS PREMIER PROPER
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 4/1/25 10:11 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.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email