702 W Vernon Avenue, Los Angeles, CA 90037
- $1,050,000
- Sold Price
- $1,050,000
- List Price
- $1,290,000
- Closing Date
- Jan 23, 2026
- Status
- CLOSED
- MLS#
- DW25119012
- Year Built
- 1924
- Lot Size
- 7,408
- Acres
- 0.17
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 126
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property Description
STRATEGICALLY LOCATED JUST A MILE FROM THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC)! Welcome to this 6 unit investment opportunity in the heart of Los Angeles! This property is an attractive option for student housing. The area boasts a high walkability score, with numerous dining, shopping, and entertainment options nearby. Public transportation is easily accessible, providing convenient connections throughout the city. The "live in one, rent the others" model offers the potential for steady rental income while maintaining a personal residence within the property. The configuration allows for flexibility in tenant arrangements, catering to a variety of rental needs. Take advantage of this unique opportunity to own a multi-unit property in a vibrant Los Angeles neighborhood. With its prime location and endless possibilities, this property is ready for you to make it your own. Schedule a showing today and explore all that it has to offer!
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $98,580
- Operating Expense
- 6000
Listing courtesy of Listing Agent: Juan Carlos Martinez (TheCaRealtor@gmail.com) from Listing Office: Juan Carlos Martinez.
Listing sold by Shawn Raoufpour from Gold Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.