1361 W Vernon Ave Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated payment $4,480/month
Total Views
7,819
4
Beds
3
Baths
1,892
Sq Ft
$396
Price per Sq Ft
Highlights
- Park
- Bike Trail
- 1-Story Property
- Laundry Room
About This Home
Updated Financials!
1361 Vernon is a fantastic owner/user or investment opportunity featuring three bungalow style units, consisting of (2) 1-Bed/1-Bath and (1) 2-Bed/1-Bath units. Recent Capital improvements include newly replaced roofs, all-copper plumbing and is separately metered for gas and electricity, ensuring lower operating expenses. This investment opportunity is ideal for any investor with potential ADU opportunities via SB 1211 and 52% rental upside in existing tenants. With one 1-Bed/1-Bath unit delivered vacant by COE, this is ideal for an owner/user as well.
Located minutes from USC, BMO Stadium and LA Natural History Museum, 1361 W Vernon is in a rapidly growing submarket of Los Angeles.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02100737 Listed on: 03/26/2025
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #01886605
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,717
Year Built
- Built in 1923
Lot Details
- 6,526 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Triplex
Interior Spaces
- 1,892 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 1234
- Assessor Parcel Number 5020007019
- $339 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 3 Units
Recreation
- Park
- Bike Trail
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $20,612
- Gross Income $57,003
- Net Operating Income $34,681
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,717 | $372,563 | $300,457 | $72,106 |
| 2024 | $4,717 | $365,259 | $294,566 | $70,693 |
| 2023 | $4,634 | $358,098 | $288,791 | $69,307 |
| 2022 | $4,429 | $351,078 | $283,129 | $67,949 |
| 2021 | $4,365 | $344,195 | $277,578 | $66,617 |
| 2020 | $4,406 | $340,666 | $274,732 | $65,934 |
| 2019 | $4,240 | $333,988 | $269,346 | $64,642 |
| 2018 | $4,172 | $327,440 | $264,065 | $63,375 |
| 2016 | $3,979 | $314,727 | $253,812 | $60,915 |
| 2015 | $3,056 | $237,295 | $158,697 | $78,598 |
| 2014 | $3,052 | $230,541 | $153,694 | $76,847 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $750,000 | 0.0% | $396 / Sq Ft |
| 08/06/2025 08/06/25 | Off Market | $750,000 | -- | -- |
| 05/13/2025 05/13/25 | For Sale | $750,000 | 0.0% | $396 / Sq Ft |
| 05/09/2025 05/09/25 | Off Market | $750,000 | -- | -- |
| 03/26/2025 03/26/25 | For Sale | $750,000 | -- | $396 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Title 365 | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $28,500 | Chicago Title Company | |
| Grant Deed | $225,000 | None Available | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | Commonwealth Land Title Co | |
| Grant Deed | $119,000 | Commonwealth Land Title Co | |
| Trustee Deed | $110,000 | First Southwestern Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $117,057 | Commercial | |
| Previous Owner | $118,328 | FHA |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25065803
APN: 5020-007-019
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Based on information from California Regional Multiple Listing Service, Inc. 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
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