1629 E Vernon Ave Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated payment $5,570/month
Highlights
- All Bedrooms Downstairs
- 2-minute walk to Vernon Station
- Turnkey
- Laundry Room
- Tile Flooring
- 4-minute walk to Fred Roberts Recreation Center
About This Home
Two 3-Bedroom 2-Bathroom Units | Prime Investment Opportunity in Los Angeles
An exceptional opportunity to own Two Three-bedroom residences in one of Los Angeles’ most rapidly evolving neighborhoods. Located in Metropolitan South, this property offers the perfect blend of modern construction, strong rental demand, and long-term appreciation potential—all just minutes from Downtown Los Angeles. One unit is available to view and move into. Each thoughtfully designed unit features a spacious and comfortable floor plan, ideal for today’s renters who value privacy, functionality, and convenience. Three-bedroom units in this area are consistently in high demand, making this a solid choice for both homeowners and first-time investors.
This means the next owner can enjoy peace of mind and significant cost savings, with the ability to focus on cash flow rather than on repairs or deferred maintenance.
Modern Features Renters Love
• Each unit includes its own private laundry room
• Two private entrances (front and rear)
• Direct access to and Back parking
The layouts feel open, airy, and well-proportioned—spaces that homeowners and renters are proud to call home.
Location That Drives Value
Living here places residents just minutes from the cultural and entertainment core of Los Angeles, including:
• Crypto.com Arena
• Dorothy Chandler Pavilion
• Walt Disney Concert Hall
• SoFi Stadium
Los Angeles is uniquely positioned as a transportation and connectivity hub, bordered by major freeways including the 110 FWY, with the iconic Hollywood Interchange nearby—making commuting and access across the city seamless.
Built-In Upside
In addition to immediate income potential, the property is ready for future expansion, with the ability to add 2 additional ADU—creating a rare value-add opportunity in a supply-constrained market. Why This Property Stands Out
? High-demand unit mix
? Minimal maintenance concerns
? Strong location near Downtown LA
? Expansion potential for increased returns
This is more than a property—it’s a strategic foothold in one of Los Angeles’ most promising neighborhoods. A place to grow, invest, and build long-term wealth in Cal
Listing Agent
HomeSmart Realty Group Brokerage Phone: 562-682-7005 License #01240727 Listed on: 01/02/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 5,211 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Duplex
- Entry on the 1st floor
- Turnkey
- Shingle Roof
Interior Spaces
- 2,274 Sq Ft Home
- 2-Story Property
- Laundry Room
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
- Natural Gas Connected
- Private Sewer
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 9
- Assessor Parcel Number 5116020006
- $386 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Map
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 | $7,626 | $615,568 | $236,756 | $378,812 |
| 2024 | $7,626 | $603,499 | $232,114 | $371,385 |
| 2023 | $7,482 | $591,666 | $227,563 | $364,103 |
| 2022 | $7,140 | $580,065 | $223,101 | $356,964 |
| 2021 | $7,045 | $568,692 | $218,727 | $349,965 |
| 2019 | $6,838 | $551,827 | $212,241 | $339,586 |
| 2018 | $6,730 | $541,008 | $208,080 | $332,928 |
| 2017 | $6,583 | $530,400 | $204,000 | $326,400 |
| 2016 | $4,035 | $320,000 | $130,000 | $190,000 |
| 2015 | $3,585 | $289,210 | $120,504 | $168,706 |
| 2014 | $3,607 | $283,546 | $118,144 | $165,402 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/13/2026 02/13/26 | Price Changed | $950,000 | -2.6% | $418 / Sq Ft | |
| 01/02/2026 01/02/26 | For Sale | $975,000 | +87.5% | $429 / Sq Ft | |
| 06/13/2016 06/13/16 | Sold | $520,000 | -3.7% | $229 / Sq Ft | View Prior Sale |
| 04/20/2016 04/20/16 | Pending | -- | -- | -- | |
| 02/01/2016 02/01/16 | For Sale | $540,000 | +68.8% | $237 / Sq Ft | |
| 12/17/2015 12/17/15 | Sold | $320,000 | +45.5% | $141 / Sq Ft | View Prior Sale |
| 01/19/2015 01/19/15 | Pending | -- | -- | -- | |
| 01/18/2015 01/18/15 | For Sale | $220,000 | -- | $97 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Grant Deed | $520,000 | Lawyers Title | |
| Grant Deed | $320,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Interfamily Deed Transfer | -- | Old Republic Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $240,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | $75,000 | Fidelity National Title | |
| Trustee Deed | $74,485 | Orange Coast Title | |
| Gift Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $531,180 | VA | |
| Previous Owner | $203,000 | Purchase Money Mortgage | |
| Previous Owner | $361,000 | Balloon | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $175,000 | No Value Available | |
| Previous Owner | $115,000 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25230352
APN: 5116-020-006
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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Ask me questions while you tour the home.