$829,000

215 W Vernon Ave, Los Angeles, CA 90037

Status: For Sale

HUGE PRICE REDUCTION. NEW PRICE $829,000. 215 W VERNON AVE HAS A NEW PRICE, ATTENTION INVESTORS!!. FEATURES A FOURPLEX PLUS A DETACHED HOME WITH A PRIVATE YARD IN THE BACK. Zoned LA C2. EXCELLENT TENANTS. The units require very little maintenance and have a high rental potential. There are separate meters for gas and electricity and water. The owner pays for trash only. Very close to shops, restaurants, and public transportation and is located near Exposition Park and The California Science Center, Grand Central Market, USC, Staples Center, Dodger Stadium, and The Colosseum which provides a great opportunity to get into a high income producing building before the 2028 Summer Olympics come to Los Angeles. Please do not disturb the tenants. All offers are subject to interior inspection. This 4,621 square foot value-add building sits on a 5,881 square foot lot ( TOTAL MONTHLY INCOME $3,000.00 ) ( Total $36,000 per year) THE TENANTS PAY FOR ALL UTILITY BILLS EXCEPT TRASH.
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