Property Detail

1945 Vernon

Los Angeles CA 90062

$964,900

Status: Active

Property Details

Description

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 — offering both strong current yield and operational growth potential in one of Los Angeles’ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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