$1,200,000
Est. $6,720/mo1257 Vernon, Los Angeles, CA 90037
About this home
ATTENTION INVESTORS!!!—Excellent triplex opportunity in the heart of Vermont Square, Los Angeles. This income-producing property offers 2,854 square feet of living space on a 5,501 square foot lot and is conveniently located just 7 minutes from USC, Exposition Park, the Natural History Museum, BMO Stadium, schools, shopping, and dining. The property consists of three units: Front Unit (Delivered Vacant & Fully Remodeled): A spacious 3-bedroom, 2-bathroom home featuring a living room, dining room, and full kitchen. Second Unit – Townhome Style (Delivered Vacant & Fully Remodeled): Two levels with a living room, dining room, full kitchen, and half bathroom on the first floor, and 2 bedrooms with a full bathroom on the second floor. This unit includes a one-car attached garage. Third Unit: A 2-bedroom, 1-bathroom unit with a living room, dining area, and full kitchen—currently tenant occupied. The property offers excellent upside potential, with two vacant, remodeled units ready for immediate rental at current market rates, or ideal for an owner-user or house-hacker. Additional features include: Six total parking spaces (five uncovered rear spaces plus the attached garage. Separate electrical meters and gas connections for each unit. Separate water meter for Unit 1; Units 2 & 3 share one water meter. Originally a single-family residence, the property was legally converted into a triplex with permits in 2007.
infoProperty Facts
Bedrooms
7
Bathrooms
4.5
Square Feet
2,854
Property Type
Triplex
Days on Market
41
HOA Fee
N/A
Garage Total
1
MLS #
SR26014528
chairInterior Details
Kitchen & Appliances
Laundry
Laundry Room
Bed & Bath
Main Level Master
Yes
garageParking
Total Parking Spaces
1
Garage Spaces
1
deckExterior & Lot
Lot & Grounds
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Urban
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Similar Homes You Might Like
Based on price, location, and features