$2,345,000
-$50,0001348 E Vernon Avenue, Los Angeles CA 90011
Multi-Family (4 Units)
Property type
268 days
On market
$396
Price per sqft
N/A
Garage
2022
Year built
5,997 sqft
Lot size
Home highlights
Open Houses
Overview
Contemporary Fourplex! This remarkable property features two distinct buildings. The front building is two stories high and includes two units, each offering three bedrooms and two bathrooms. The back building showcases a tri-level design with side-by-side units: one containing four bedrooms and three bathrooms, while the other boasts seven bedrooms and five bathrooms. All...
Listing provided by: Joe Myers DRE #01876220 323-863-5844, Compass
Listing updated: Mar 26, 2026 at 08:38pm.
Last checked: Jun 5, 2026 at 01:01am
Source: CRMLS #25590259
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $3,200 | $3,200 | $3,200 | Unfurnished |
| 1 | 3 | 2 | — | $3,400 | $3,200 | $3,400 | Unfurnished |
| 1 | 4 | 3 | — | $3,995 | $3,995 | $3,995 | Unfurnished |
| 1 | 7 | 5 | — | $6,995 | $6,995 | $6,995 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 4
Dishwasher: 4
Disposal: 4
Rent Control: No
Units Leased: 2
Tenant Pays: Electricity, Gas, Trash Collection, Water
Financial Snapshot
Gross Rent Multiplier
11.2x
List Price / Annual Gross Rent
Cap Rate
7%
NOI / List Price
Net Operating Income: $173,400
Interior
Room Type: Center Hall
Flooring: Laminate
Heating: Baseboard, Electric, Forced Air, Natural Gas
Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Oven, Dryer
Fireplace: Bath, Decorative, Dining Room, Electric, Family Room, Kitchen, Living Room
Laundry: Dryer Included
Entry Location: Ground Level W, Steps
Exterior
Architectural Style: Contemporary
Property Attached: Yes
Stories Total: 2
Levels: Multi Split
Roof: Composition
Foundation: Slab
Window Features: Double Pane Windows
Construction Materials: Frame
Property Condition: Updated Remodeled
Common Walls: One Common Wall
Security Features: Fire Rated Drywall, Security Gate, Smoke Detectors
Sewer: Other
View: City Lights
Garage and Parking
Parking: Converted Garage, Driveway
Parking Total: 8
Lot Information
Land Lease: No
Parcel #: 5107003007
Additional Parcels: No
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1348 E Vernon Avenue, Los Angeles, CA 90011. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,876,000
Total Interest
$2,392,735
Total Payment
$4,268,735
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,450
per month
Property History for 1348 E Vernon Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90011.
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