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1247 E Vernon Avenue

Los Angeles (City), CA 90011
  • $875,000
  • STATUS: Active
  • ON SITE: 122 Days
  • ID#: 25577351
UPDATED: 31 min ago
$875,000
  • 8
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,850
    SQFT
  • $307
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2007
County:

School Ratings & Info

Listing Agent(s): Jongmin Park of Dream Realty & Investments Inc (213-380-8949) and Koeun Hwang of Happy Haus Inc.(213-384-8831)


Description

Price Reduced by $25,000! Don't miss this opportunity the seller has just lowered the price by $25,000 for a faster sale. With a strong 7.5% cap rate, this property delivers impressive cash flow from day one.Featuring two separate units, it's perfect for rental income or multi-generational living. Located close to schools, shopping, and major freeways, this property offers both convenience and long-term appreciation potential. Act now before it's gone!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/166886967
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1247 E Vernon Avenue Los Angeles (City), CA 90011

  • Price: $875,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 31 min ago
  • ID#: 25577351
8
Beds
0
Baths
0
½ Baths
0.12
Acres
2,850
SQFT
$307
$/SQFT
2007
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Price Reduced by $25,000! Don't miss this opportunity the seller has just lowered the price by $25,000 for a faster sale. With a strong 7.5% cap rate, this property delivers impressive cash flow from day one.Featuring two separate units, it's perfect for rental income or multi-generational living. Located close to schools, shopping, and major freeways, this property offers both convenience and long-term appreciation potential. Act now before it's gone!
Exterior Features

Parking Features None Parking Total 4

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 7.45 Gross Income 81120 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 65157.5 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Jongmin Park of Dream Realty & Investments Inc (213-380-8949) and Koeun Hwang of Happy Haus Inc.(213-384-8831)