Properties
Los Angeles, CA 90011 1247 E Vernon Avenue
$875,000
4 more
Presented By: Jongmin Park with Dream Realty & Investments Inc;
Beds • 8
Baths • 2
SQFT • 2,850
Home Details
Price Reduced by $25,000! Don't miss this opportunity the seller has just lowered the price by $25,000 for a faster sale. With a strong 7.5% cap rate, this property delivers impressive cash flow from day one.Featuring two separate units, it's perfect for rental income or multi-generational living. Located close to schools, shopping, and major freeways, this property offers both convenience and long-term appreciation potential. Act now before it's gone!
Presented By: Jongmin Park with Dream Realty & Investments Inc;
Interior Features for 1247 E Vernon Avenue
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Common Walls1 Common Wall
Heating Y/NYes
Total Stories
General for 1247 E Vernon Avenue
AppliancesDisposal
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsFrom I-110, take the Vernon Ave exit and head east. Continue past Central Ave; property will be on the right just before Hooper Ave.
Full Baths
Gross Income81120
HOANo
HeatingWall Furnace
LevelsTwo
Living Area2850
Lot Size Square Feet5112
Lot Size UnitsSquare Feet
MLS AreaC42 - Downtown L.A.
Net Operating Income65158
New ConstructionNo
Number Of Units Total2
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built2007
ZoningLAC2
Exterior for 1247 E Vernon Avenue
Building Area Total2850
Lot Size Acres0.1174
Lot Size Area5112
Number of Buildings1
Parking FeaturesGated
Total Parking6
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
