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522 W Vernon Avenue

Los Angeles (City), CA 90037
  • $1,600,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: 25607053
$1,600,000
  • 9
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,346
    SQFT
  • $478
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Ratings & Info

Listing Agent(s): Shahram Shamounpour of Keller Williams Beverly Hills (310-432-6400)


Description

Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure currently VACANT, with 7 bedrooms and 2 bathrooms. The space is well-maintained and ideal for continued use as a preschool, daycare, or educational facility. 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 lower level is currently used as a playground area for the daycare. The owner is in the process of constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. The residential units will be delivered VACANT. Two separate buildings on one lot. Substantial existing income with growth potential. Commercial tenant willing to sign a long-term lease. Additional ADU under construction for added value. 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 or owner-users seeking a multi-purpose asset in a growing area. The entire property is VACANT.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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/168961746
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522 W Vernon Avenue Los Angeles (City), CA 90037

  • Price: $1,600,000
  • Status: Active
  • On Site: 56 Days
  • ID#: 25607053
9
Beds
0
Baths
0
½ Baths
0.17
Acres
3,346
SQFT
$478
$/SQFT
1904
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure currently VACANT, with 7 bedrooms and 2 bathrooms. The space is well-maintained and ideal for continued use as a preschool, daycare, or educational facility. 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 lower level is currently used as a playground area for the daycare. The owner is in the process of constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. The residential units will be delivered VACANT. Two separate buildings on one lot. Substantial existing income with growth potential. Commercial tenant willing to sign a long-term lease. Additional ADU under construction for added value. 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 or owner-users seeking a multi-purpose asset in a growing area. The entire property is VACANT.
Exterior Features

Parking Features Driveway Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Common Walls No Common Walls Flooring Laminate Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association YN No Cap Rate 7.6 Community Features Gated Gross Income 168000 Laundry Features None Levels Two Listing Agreement Exclusive Right With Exception Listing Service Full Service Net Operating Income 136000 New Construction YN No Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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): Shahram Shamounpour of Keller Williams Beverly Hills (310-432-6400)