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522 W Vernon Avenue — photo 1
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Bedrooms

9

Bathrooms

5

Square Feet

3,346

Status

Active

Los Angeles

522 W Vernon Avenue

About This Property

Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.

Neighborhood

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Listing courtesy of Keller Williams Beverly Hills

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$1,600,000

Est. Monthly Payment

$10,224/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Shahram Shamounpour

Keller Williams Beverly Hills