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(323) 864-4211
Linda Roth Burrell
711 E Vernon Ave, Los Angeles, CA 90011
- $1,450,000
- 12
- BD
- 9
- BA
- 5,184
- SqFt
- Sold Price
- $1,450,000
- List Price
- $1,500,000
- Closing Date
- Dec 03, 2025
- MLS#
- 25593183
- Year Built
- 1929
- Bedrooms
- 12
- Bathrooms
- 9
- Living Sq. Ft
- 5,184
- Lot Size
- 4,697
- Days on Market
- 28
- Property Type
- Multifamily
- Stories
- 2
Property Description
We are pleased to present this 9-unit apartment community located at 711 E Vernon Ave, less than 10 minutes away from Downtown Los Angeles, offered at an 8.13 GRM and 7.81% CAP on current rents with upside potential to achieve a 10.07% CAP and 6.79 GRM with pro forma rents. This opportunity consists of a two-story building offering a total of 5,184 rentable square feet. Built in 1929, the property is situated on a 4,697 square foot LARD1.5 zoned lot with alley access. The unit mix consists of one (1) three bedroom one-bathroom unit and eight (8) one bedroom one-bathroom units with 6 out of 9 units having been renovated. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superiors Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.
Additional Information
- Lot Description
- Single Lot
- Other Buildings
- None
- Heat
- Other
- Cooling
- Other
- Number of Cars in Garage
- Driveway
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Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650 Selling Office: .
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