$974,900
+$5,0001945 W Vernon, Los Angeles CA 90062
Multi-Family (Fourplex)
Property type
92 days
On market
$412
Price per sqft
2 cars
Garage
1949
Year built
5,502 sqft
Lot size
Open Houses
Overview
Exciting Price Reduction: 1945 W Vernon Ave,6.31% In-Place Cap, 7.79% Pro Forma | Owner-User The property consists of three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath. One unit offers the opportunity to live in one and lease the others. One unit is available for showing by appointment. Please do not disturb tenants. Seller is motivated and actively...
Listing provided by: Gustavo Arias DRE #01889399, First Team Real Estate
Listing updated: May 21, 2026 at 09:30pm.
Last checked: Jun 5, 2026 at 09:00am
Source: CRMLS #PW26045448
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $0 | $0 | $1,900 | Unfurnished |
| 1 | 1 | 1 | — | $1,658 | $1,658 | $1,900 | Unfurnished |
| 1 | 1 | 1 | — | $1,730 | $1,730 | $1,965 | Unfurnished |
| 1 | 2 | 1 | — | $980 | $980 | $1,900 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 4
Tenant Pays: Electricity, Gas, Parking Fee
Financial Snapshot
Gross Rent Multiplier
12.6x
List Price / Annual Gross Rent
Cap Rate
6.47%
NOI / List Price
Gross Scheduled Income: $77,112
Operating Expense: $14,036
Net Operating Income: $63,076
Annual Operating Expenses
Electric: $660
Insurance: $2,136
Maintenance: $3,500
Trash: $3,900
Water / Sewer: $3,840
Interior
Heating: Wall Furnace
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Common Roof
Foundation: Slab
Window Features: Blinds
Construction Materials: Stucco
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Fencing: Average Condition
Water Source: Public
Sewer: Public Sewer
View: None
Garage and Parking
Parking: Gated, Private, Garage Faces Rear, Garage Faces Side
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5022009011
Additional Parcels: No
Tax Lot: 11
Zoning: LAR4
Tax Block: 76
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 1945 W Vernon, Los Angeles, CA 90062. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$779,920
Total Interest
$994,745
Total Payment
$1,774,665
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,095
per month
Property History for 1945 W Vernon
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90062.
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