1552 West Vernon Avenue, Unit 2

Los Angeles, CA 90062

$905,000
Last Sold Price
4
Beds
2
Baths
1,774 Sq. Ft.
$510 / Sq. Ft.
1,774
Sq. Ft.
$510
per Sq. Ft.

Description

Welcome to 1552 W Vernon Ave, a duplex gem in Los Angeles, CA. This property features a front house with 2 bedrooms plus an office and 1 bath and a back unit with 2 bedrooms and 1 bath, both units will be delivered vacant. Extensively updated with a new roof, windows, plumbing, electrical wiring and panels, this home shines with fresh paint inside and out. Inside, you'll find new flooring, kitchen cabinets, countertops, and bathrooms. One unit offers central A/C, while the other has a mini-split...Welcome to 1552 W Vernon Ave, a duplex gem in Los Angeles, CA. This property features a front house with 2 bedrooms plus an office and 1 bath and a back unit with 2 bedrooms and 1 bath, both units will be delivered vacant. Extensively updated with a new roof, windows, plumbing, electrical wiring and panels, this home shines with fresh paint inside and out. Inside, you'll find new flooring, kitchen cabinets, countertops, and bathrooms. One unit offers central A/C, while the other has a mini-split system. Property is fully landscaped with sprinkler system and a new fully concrete paved driveway for plenty of parking. This property features a big lot and zoning for a potential third unit, this property presents a prime investment opportunity. Conveniently located near major freeways, It's perfect to live in one and rent the other or keep long term as a cash flowing property.
  1. Listed by Raul Herrera • DRE #02043227 • Brokerage DRE #01022642 • eXp Realty of California Inc

Property Details for 1552 West Vernon Avenue, Unit 2

Zoning
LAC2
Parcel Number
5016003005
Total Units
2.0
Living Area
1774
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
0
Lot Size Area
5874
LISTING UPDATED: 06/18/2024 01:33 PM

Property Details for 1552 West Vernon Avenue, Unit 2

StatusSold
MLS #24-377895
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.13 AC / 5,874 SF
CountyLos Angeles County

Building Information for 1552 West Vernon Avenue, Unit 2

Stories1Residences-Year Built1920Building Size-Lot Size0.13 AC / 5,874 SF

Property Information for 1552 West Vernon Avenue, Unit 2

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 2
  • Unit Number: 2
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, FHA, Conventional, VA
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $55,000
  • Net Operating Income: $50,000.00
  • Gross Income: $60,000
  • Gross Rent Multiplier: $13.70
  • Total Annual Expense: 3000
  • Water Expense: $150.00
  • Insurance Expense: $100
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1348
  • Lot Size Square Feet: 5874
Parking Details
Parking Details
  • Parking Garage: Driveway, On street, Private
  • Total Parking: 0
  • Parking Features: Driveway, Street, Private
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: None
  • Heating Type: None
  • Equipment: Other, Built-Ins
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-16-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $56,280.00
  • Assessed Improvement Percent: 35.29
  • Assessed Land Value: $103,192.00
  • Assessed Land Percent: 64.71
  • Assessed Total Value: $159,472.00

Property History for 1552 West Vernon Avenue, Unit 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1552 West Vernon Avenue, Unit 2

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 4
Public - 6 to 11
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
KIPP Vida Preparatory Academy
CharterK to 4

Barack Obama Global Preparation Academy
Public6 to 11

California Collegiate Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Raul Herrera, DRE #02043227

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.