1374 E VernonLos Angeles, CA 90011

Description

Attention investors! Don't miss this exceptional income opportunity in Los Angeles. This move-in-ready duplex is a turnkey addition to your portfolio, offering strong cash flow in a market with high housing demand. Both units are in great condition and occupied by great tenants, giving you immediate, reliable rental income from day one. With two separate units, this property offers flexibility to owner-occupy one side while renting the other, or simply sit back and collect income from both. The lot also offers potential for an ADU or additional improvements down the road, subject to buyer verification with the City of Los Angeles, adding long-term upside to an already performing asset. Conveniently located near schools major freeways, public transportation, shopping, and more, this property is well positioned for lasting tenant demand. The surrounding area continues to experience ongoing investment and redevelopment, making this an attractive long-term hold. Don't miss out on this opportunity.

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

1920

Stories

1

Building area

2,112 Sq Ft

Lot size

0.11 acres

Parking spaces

1

Days on market

51

MLS^® Listing#

PW26181671

Property Features

Cooling

Wall/Window Unit(s)

Heating

Wall Furnace

Fireplace

None

Pool

None

Parking

Driveway

Laundry

Inside

Community

Curbs · Street Lights · Sidewalks

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

5107003003

Directions

Vernon Ave and Ascot Ave