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716 E Vernon Ave
Los Angeles, CA 90011
Residential (Other)
0.41 Acres
11434 Sqft Living Area
24 Bedrooms
0 Bathrooms (0 Full, 0 Half)
Year Built: 1952
$2,250,000
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Property Description
We are pleased to present 716 E Vernon Ave. a twelve (12) unit multifamily investment opportunity located in Los Angeles. This property consists of 11,434 SF of living area and is situated on a 17,920 SF lot zoned LARD2. The two (2) story property consists of Twelve (12) Two Bedrooms / One Bathroom and one unit will be delivered vacant at COE. The property contains twenty-two (22) parking spaces for the tenants and units are in high rental demand, with significant upsides in the rents. The new owner/investor will benefit from this fantastic added value opportunity located in a Tier 3 Transit Oriented Community (TOC) and Opportunity Zone (BUYER TO VERIFY). The central location of the property in the heart of Southeast Los Angeles allows tenants to live in close proximity to the 110 Freeway, Gilbert Lindsay Recreation Center, George Washington Carver Middle School, and retail shopping restaurants. Nearby parks include Gilbert Lindsay Recreation Center, South Park, and Ross Snyder Recreation Center.
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Contact Details
Name: Dionya Jackson
Email: dionyacljackson@gmail.com
MLS Listing Id: 23-321755
Agent Phone: (310) 482-2200
List Agent License:
Office Name: KW Advisors
Office Phone: (310) 482-2200
Office MLS Id: X74717
Listing Status: Active
Listing URL: https://listings.listhub.net/pages/CLAWCA/23-321755/?channel=openhousinc
Copyright © 2023 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
