




+11 photos

1 / 16
$964,900
1945 W Vernon, Los Angeles, CA 90062
5Beds
4Baths
30Days Listed
About This Property
Exciting Price Reduction: 1945 W Vernon Ave,6.31% In-Place Cap, 7.79% Pro Forma | Owner-User The property consists of three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath. One unit offers the opportunity to live in one and lease the others. One unit is available for showing by appointment. Please do not disturb tenants. Seller is motivated and actively seeking a near-term transaction! Flexible on structure and willing to consider terms that can materially improve buyer economics, depending on the offer. Buyers' agents are encouraged to contact me directly to discuss exciting potential structuring options and additional considerations. All offers are subject to interior inspection. Submit with proof of funds and pre-approval. Contact the listing agent for OM, rent roll, and additional financials. Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside offering both strong current yield and operational growth potential in one of Los Angeles most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.
Virtual Tour
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 30
- Cumulative Days on Market
- 28
- Original Price
- $999,990
Location & Neighborhood
What's nearby 1945 W Vernon, Los Angeles, CA 90062
Nearby Schools
- 0.1 mi
- 0.4 mi
- Unnamed School0.4 mi
elementary
Transit Access
- Vernon & Gramercy0.1 mi
Bus Stop
- Arlington & Vernon0.2 mi
Bus Stop
- Vernon & Arlington0.2 mi
Bus Stop
- Arlington & 42nd0.3 mi
Bus Stop
- Arlington & 48th0.3 mi
Bus Stop
Local Amenities
Dining
- Porterhouse Fried Chicken0.1 mi
- Pizza King0.6 mi
POI data updated 3/5/2026
Price History
$964,900
Apr 1, 2026
↓ $15,000
-1.5%
$979,900
Mar 25, 2026
↓ $20,090
-2.0%
Original List Price
$999,990
Los Angeles Market Snapshot
2,664
Active Listings
$743K
Median Price
99
Avg Days on Market
Last updated: Apr 1, 2026
Listed by
Gustavo Arias, First Team Real Estate · 323-819-0035
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$964,900