$998,000
-$191,0001474 W Vernon Avenue, Los Angeles CA 90062
Multi-Family (3 Units)
Property type
120 days
On market
$441
Price per sqft
N/A
Garage
1911
Year built
5,721 sqft
Lot size
Open Houses
Overview
Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong 7.4% Cap Rate with additional rent upside potential. The property features two spacious VACANT 2-bedroom / 1-bath units (downstairs Unit 1478 and upstairs Unit 1474) plus a 1-bedroom / 1-bath unit (Unit 1478.5). Significant upgrades completed within the last 3 years include...
Listing provided by: Jennifer Stein DRE #01786020 805-319-5866, Keller Williams Realty Santa Barbara
Listing updated: Jun 2, 2026 at 06:48am.
Last checked: Jun 5, 2026 at 09:31pm
Source: CRMLS #26638505
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $0 | $0 | $3,200 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,835 | $1,835 | $1,890 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Refrigerator: 3
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
10.2x
List Price / Annual Gross Rent
Cap Rate
7.46%
NOI / List Price
Net Operating Income: $74,436
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Refrigerator
Laundry: Common Area, Laundry Room
Exterior
Architectural Style: Craftsman
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Garage and Parking
Parking: Uncovered
Uncovered Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Parcel #: 5016002003
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1474 W Vernon Avenue, Los Angeles, CA 90062. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$798,400
Total Interest
$1,018,315
Total Payment
$1,816,715
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,236
per month
Property History for 1474 W Vernon Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90062.
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