Listed by ROSALBA FARIAS, RE/MAX CHAMPIONS,

215 W Vernon Avenue

Los Angeles, CA, 90037

$829,000

$179 per ft²
$829,000
$179 per ft²
Active
Active
 - For Sale
carpenters-square
4,621 ft²
property_type
Commercial
calendar
Built 1948
HUGE PRICE REDUCTION. NEW PRICE $829,000. 215 W VERNON AVE HAS A NEW PRICE, ATTENTION INVESTORS!!. FEATURES A FOURPLEX PLUS A DETACHED HOME WITH A PRIVATE YARD IN THE BACK. Zoned LA C2. EXCELLENT TENANTS. The units require very little maintenance and have a high rental potential. There are separate meters for gas and electricity and water. The owner pays for trash only. Very close to shops, restaurants, and public transportation and is located near Exposition Park and The California Science Center, Grand Central Market, USC, Staples Center, Dodger Stadium, and The Colosseum which provides a great opportunity to get into a high income producing building before the 2028 Summer Olympics come to Los Angeles. Please do not disturb the tenants. All offers are subject to interior inspection. This 4,621 square foot value-add building sits on a 5,881 square foot lot ( TOTAL MONTHLY INCOME $3,000.00 ) ( Total $36,000 per year) THE TENANTS PAY FOR ALL UTILITY BILLS EXCEPT TRASH.
MLS® ID:
CV21049827
Listed:
3/8/21
Updated:
8/18/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Electric Dryer Hookup, Gas Dryer Hookup
Heating
Wall Furnace

Exterior/Building Features

Lot Size
5,881 ft² lot
Lot Details
0-1 Unit/Acre, Front Yard, Lot Over 40000 Sqft, Near Park, Near Public Transit, Paved, Rectangular Lot

Other Property Details

Area Name
C42 - Downtown L.A.
HOA Amenities
Park
Garage
No
Parking
N
View
N
County
Los Angeles
Water Source
Public
Pool
No
Total Stories
2
Zoning
LAC2

Property History

Date
Event
Price
Value
4/27/22
Price Change
$829,000
-1%
1/13/22
Active
-
-
1/13/22
Price Change
$839,000
-5%
10/14/21
Active Under Contract
-
-
5/31/21
Price Change
$890,000
-8%

 

Listed by ROSALBA FARIAS, RE/MAX CHAMPIONS,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/18/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 4:08 PM UTC, 8/18/22

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