Seller's Agent in 2023
Jason Tuvia
Marcus & Millichap
(818) 212-2700
3 in this area
111 Total Sales
532 W Vernon Ave Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $2,451,471 - $2,531,000
15
Beds
16
Baths
7,354
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- New Construction
- Wood Flooring
- 11 Car Attached Garage
- Gated Parking
- Modern Architecture
- Built-In Features
About This Home
As of January 2023We are pleased to present a fully vacant five (5) unit brand new construction apartment building located at 532 West Vernon Avenue in Los Angeles, California. The subject property is situated in a solid South Los Angeles Location, south of West Vernon Avenue and west of South Figueroa Street. Built in 2022, this brand new multifamily property contains an incredible unit mix of one (1) one bedroom / one and a half bathroom ADU unit, two (2) three bedroom / three bathroom units, and two (2) four bedroom / four bathroom units all spread across a total of three (3) buildings. These large townhouse style units feature spacious floor plans with the front four (4) units going up three (3) stories each, and the ADU in the rear of the property going up two (2) stories. With USC less than two (2) miles away, this is an excellent off-campus housing option for USC students. Working professionals will also appreciate being less than four (4) miles from Downtown. Outdoor recreation is available less than a mile away at both Exposition Park featuring the Banc of California Stadium to the north, and Julian C. Dixon Park to the south. Solid retail and restaurant amenities are available across numerous surrounding commercial corridors such as Figueroa Street, which is accessible within short walking distance. Situated in a solid South Los Angeles location, this offering presents an excellent opportunity for any investor to capitalize on a non rent controlled, brand new construction asset in a rapidly gentrifying market of Los Angeles.
Last Agent to Sell the Property
Marcus & Millichap License #01772495 Listed on: 07/25/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2022 | New Construction
Lot Details
- 7,246 Sq Ft Lot
- Gated Home
Home Design
- Modern Architecture
Interior Spaces
- 7,354 Sq Ft Home
- 3-Story Property
- Built-In Features
- Wood Flooring
Bedrooms and Bathrooms
- 15 Bedrooms
- 16 Bathrooms
- Bathtub with Shower
Parking
- 11 Car Attached Garage
- 3 Open Parking Spaces
- Gated Parking
Utilities
- Air Conditioning
- Heating System Mounted To A Wall or Window
Additional Features
- Open Patio
- Accessory Dwelling Unit (ADU)
- City Lot
Listing and Financial Details
- Assessor Parcel Number 5018-033-019
Community Details
Overview
- 3 Buildings
- 5 Units
Building Details
- Vacancy Allowance $6,192
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2022
Closed on
Dec 7, 2022
Sold by
Bought by
Seller's Agent
Jason Tuvia
Marcus & Millichap
Buyer's Agent
Jason Tuvia
Marcus & Millichap
List Price
$2,550,000
Sold Price
$2,220,000
Premium/Discount to List
-$330,000
-12.94%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,868
Avg. Annual Appreciation
3.30%
Purchase Details
Listed on
May 21, 2020
Closed on
Aug 25, 2020
Sold by
Bought by
Seller's Agent
Antoine Bitar
Jesse Weinberg
Buyer's Agent
Antoine Bitar
Jesse Weinberg
List Price
$999,000
Sold Price
$750,000
Premium/Discount to List
-$249,000
-24.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.88%
Original Mortgage
$542,500
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
May 7, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,100
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 30, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,100
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 11, 2017
Sold by
Bought by
Purchase Details
Closed on
Jan 2, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 27, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 19, 2007
Sold by
Bought by
Purchase Details
Closed on
Aug 3, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 28, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 26, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Feb 18, 2005
Sold by
Bought by
Purchase Details
Closed on
Jul 9, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,489
Interest Rate
7.19%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 1, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,220,000 | First American Title | ||
| $750,000 | First American Title Company | ||
| -- | None Available | ||
| $451,500 | First American Title Company | ||
| -- | None Available | ||
| -- | North American Title | ||
| $350,000 | North American Title | ||
| $405,000 | None Available | ||
| -- | Ticor Title | ||
| -- | Ticor Title | ||
| $580,000 | Ticor Title | ||
| -- | -- | ||
| $95,000 | -- | ||
| -- | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $542,500 | ||
| Previous Owner | $404,100 | ||
| Previous Owner | $245,000 | ||
| Previous Owner | $114,000 | ||
| Previous Owner | $114,000 | ||
| Previous Owner | $456,000 | ||
| Previous Owner | $117,489 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 01/24/2023 01/24/23 | Sold | $2,220,000 | -5.5% | $302 / Sq Ft | |
| 11/21/2022 11/21/22 | Pending | -- | -- | -- | |
| 10/17/2022 10/17/22 | Price Changed | $2,350,000 | -4.1% | $320 / Sq Ft | |
| 09/22/2022 09/22/22 | Price Changed | $2,450,000 | -3.9% | $333 / Sq Ft | |
| 09/20/2022 09/20/22 | For Sale | $2,550,000 | 0.0% | $347 / Sq Ft | |
| 09/15/2022 09/15/22 | Pending | -- | -- | -- | |
| 08/22/2022 08/22/22 | Price Changed | $2,550,000 | -3.8% | $347 / Sq Ft | |
| 07/25/2022 07/25/22 | For Sale | $2,650,000 | +253.3% | $360 / Sq Ft | |
| 08/28/2020 08/28/20 | Sold | $750,000 | -11.7% | $107 / Sq Ft | View Prior Sale |
| 07/14/2020 07/14/20 | Price Changed | $849,000 | -5.6% | $121 / Sq Ft | |
| 06/29/2020 06/29/20 | Price Changed | $899,000 | -10.0% | $128 / Sq Ft | |
| 05/21/2020 05/21/20 | For Sale | $999,000 | -- | $143 / Sq Ft |
Source: The MLS
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 | $28,420 | $2,309,688 | $1,040,400 | $1,269,288 |
| 2024 | $27,970 | $2,264,400 | $1,020,000 | $1,244,400 |
| 2023 | $9,574 | $780,300 | $780,300 | $0 |
| 2022 | $9,132 | $765,000 | $765,000 | $0 |
| 2021 | $9,146 | $750,000 | $750,000 | $0 |
| 2020 | $5,858 | $460,530 | $368,424 | $92,106 |
| 2019 | $471 | $412,115 | $235,494 | $176,621 |
| 2018 | $5,099 | $404,035 | $230,877 | $173,158 |
| 2016 | $3,221 | $249,000 | $142,800 | $106,200 |
| 2015 | $3,221 | $249,000 | $142,800 | $106,200 |
| 2014 | $2,583 | $190,000 | $109,000 | $81,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Tuvia
-
Antoine Bitar
Seller's Agent in 2020
Antoine Bitar
Jesse Weinberg
(424) 214-8574
20 Total Sales
-
James Jacobson
J
Seller Co-Listing Agent in 2020
James Jacobson
Douglas Elliman
(310) 595-3888
Map
Source: The MLS
MLS Number: 22-182807
APN: 5018-033-019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 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.
Information is deemed reliable but not guaranteed.
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