Properties

Los Angeles, CA 90062 1945 W Vernon

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Presented By: Gustavo Arias with First Team Real Estate; 323-819-0035
  • MLS# PW26045448
  • 03/02/2026
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  • Baths • 1
  • SQFT • 2,366
  • Garage • 2

Home Details

Exciting Price Reduction: 1945 W Vernon Ave,6.31% In-Place Cap, 7.79% Pro Forma | Owner-User The property consists of three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath. One unit offers the opportunity to live in one and lease the others. One unit is available for showing by appointment. Please do not disturb tenants. Seller is motivated and actively seeking a near-term transaction! Flexible on structure and willing to consider terms that can materially improve buyer economics, depending on the offer. Buyers' agents are encouraged to contact me directly to discuss exciting potential structuring options and additional considerations. All offers are subject to interior inspection. Submit with proof of funds and pre-approval. Contact the listing agent for OM, rent roll, and additional financials. Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside โ€” offering both strong current yield and operational growth potential in one of Los Angelesโ€™ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.
Presented By: Gustavo Arias with First Team Real Estate; 323-819-0035

Interior Features for 1945 W Vernon

Other Interior Features

Common Walls2+ Common Walls
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
Window FeaturesBlinds

Other Rooms

Entry Level1

General for 1945 W Vernon

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesUrban
Construction MaterialsStucco
ContingencyNON
CountyLos Angeles
DirectionsFrom 110 Fwy West on Vernon
DisclosuresRent Control
Electric Expense660
Entry Location1
ExclusionsTenants personal Items
Garage Spaces2
Garage Y/NYes
Gross Income400
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense2136
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Conventional, FHA, Submit, VA Loan
Lot Size Square Feet5502
Lot Size UnitsSquare Feet
MLS AreaPHHT - Park Hills Heights
MaintenanceExpense3500
Net Operating Income63076
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense14036
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
RoofCommon Roof
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot11
Tenant PaysElectricity, Gas, Parking Fee
Trash Expense3900
ViewNone
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense3840
Year Built1949
Year Built SourceAssessor
ZoningLAR4

Exterior for 1945 W Vernon

Building Area Total2366
FencingAverage Condition
Foundation DetailsSlab
InclusionsStoves and Refrigerators
Lot Features0-1 Unit/Acre
Lot Size Acres0.1263
Lot Size Area5502
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesGated, Private, Garage Faces Rear, Garage Faces Side, See Remarks
Private PoolNo
SpaNo
Total Parking2
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $964,900
MLS#PW26045448
List Date 03/02/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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