$699,000

186 E Vernon Ave Los Angeles, CA 90011

South Park Neighborhood

Estimated payment $4,395/month

Total Views 4,352
4 Beds
4 Baths
2,247 Sq Ft
$311 Price per Sq Ft

About This Home

Stable, fully occupied three-unit income property located close to USC and Downtown L.A. The property consists of three residential units across two separate buildings on a large 6,921-square-foot lot zoned C2-1VL with future development potential. The unit mix includes two 1-bedroom/1-bath units (one of them Section 8) and one unit 3-bedroom/1 bath, providing strong rental income. The South Los Angeles market continues to benefit from proximity to Downtown LA, USC, Exposition Park, and major transit infrastructure. Adjacent to the signalized corner of San Pedro Place and Vernon Avenue, with the future potential of a broad range of commercial uses by-right and TOC Tier 2 Designation, offering a significant density bonus potential for qualified affordable housing projects.

Listing Agent

Darin Spillman

Kidder Mathews of California, Inc. License #01366902 Listed on: 06/16/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Interior Spaces

  • 2,247 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Car Attached Garage
  • Uncovered Parking

Additional Features

  • 6,921 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5109-001-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

6,921 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2247
  • Lot Acreage: 0.1589
  • Stories: 1
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 311.08

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Detached, Uncovered
  • Total Parking: 3

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 56.18
  • Assessed Improvement Value: 290042
  • Assessed Land Percent: 43.82
  • Assessed Land Value: 226274
  • Total Assessed Value: 516316
  • Assessor Parcel Number: 5109-001-016
  • Lot Size Area: 6921

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.36
  • Number Of Units: 3
  • Type Of Units: apt

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,676 $516,316 $226,274 $290,042
2024 $6,570 $506,193 $221,838 $284,355
2023 $6,450 $496,269 $217,489 $278,780
2022 $6,161 $486,539 $213,225 $273,314
2021 $6,079 $477,000 $209,045 $267,955
2020 $6,136 $472,110 $206,902 $265,208
2019 $5,905 $462,854 $202,846 $260,008
2018 $5,827 $453,779 $198,869 $254,910
2016 $4,546 $351,000 $170,000 $181,000
2015 $4,547 $351,000 $170,000 $181,000
2014 $4,420 $331,000 $160,000 $171,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2026 06/16/26 For Sale $699,000 -- $311 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed -- Chicago Title Company
Grant Deed $225,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $166,600 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 26848321

The MLS

APN: 5109-001-016

California Los Angeles County Los Angeles 90011 South Park

186 E Vernon Ave, Los Angeles, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Darin Spillman
Listing Agent
Darin Spillman
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Kidder Mathews of California, Inc.
(310) 592-8269
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