- 6 beds
- – baths
- 3,726 sqft
- 5,008 sqft lot
- $322 per sqft
- 1911 build
- – on site
Fully renovated 4-unit income property with approved ADU plans near USC and Exposition Park! Rare corner location adjacent to freeway access. All four units have been recently renovated and are occupied with new tenants, making this a turnkey investment opportunity. Zoned LAC2, the property includes approved plans for two additional 3-bedroom, 2-bath ADUs—offering significant upside potential through expansion. There is also an opportunity with the C2 zoning to explore redevelopment. Whether you're a hands-off investor seeking steady income or an active investor looking to add value, this asset checks all the boxes. Located on a high-visibility corner at Vernon and Figueroa with strong foot traffic, immediate freeway access, and excellent transit options. Just steps from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown LA, this property sits in one of the city's fastest-growing neighborhoods. Don’t miss this rare opportunity to invest in both current cash flow and future growth.
Last checked:
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Last updated Jun 24, 2025
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MLS# CRAR25141126 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1911
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Building Area Units:Square Feet
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Other Equipment:Other
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Building Area Total:3726
Interior
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Flooring:Laminate
Room Dimensions
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Living Area:3726
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Living Area Units:Square Feet
Location
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Directions:From I-110, exit Vernon Ave, head east, property i
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Other
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Parcel Number:5018034002
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Zoning:LAC2
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Lot Size Area:0.12
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Lot Size Acres:0.12
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Lot Size SqFt:5008
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (818) 618-7990
Taxes
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Tax Tract:2321.20
Beds
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Bedrooms Total:6
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
Appliances
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Laundry Features:No Hookups
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/24/25
Jun 24, 2025
|
Relisted | BRIDGE | $1,200,000 | 9.6% (6.4% / YR) |
12/20/23
Dec 20, 2023
|
BRIDGE | $1,095,000 | ||
12/20/23
Dec 20, 2023
|
CRMLS_CA | $1,095,000 |