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Fatima Malik

fatima.malik@evrealestate.com +1(310) 968-2085

$ 895,000

Est. payment -/mo

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205 W Vernon Ave Los Angeles, CA 90037

5 Beds

7 Baths

3,655 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,655 sqft

Price per Sqft $244

MLS Listing ID 26104765

Bedrooms 5

Year Built 1907

Lot Size 5,881 Sqft

Acres 0.135

Property Sub-Type Multi-Family

Property Description

We are pleased to present this 7-unit apartment community located at 205 W Vernon Ave, less than 10 minutes away from Downtown Los Angeles, offered at a 7.91 GRM on current rents with upside potential to achieve an 8.31% CAP and 6.24 GRM with proforma rents. This opportunity consists of a two-story building offering a total of 3,655 rentable square feet. Built in 1907, the property is situated on a 5,881-square-foot LAC2 zoned lot with five uncovered parking spaces in the rear. The unit mix consists of one (1) two-bedroom one-bathroom unit, three (3) one-bedroom one-bathroom units, and three (3) studio units, with 4 out of 7 units having been renovated. One studio and a one-bedroom unit will be delivered VACANT at closing. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superiors Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Other

Exterior

Parking Features Uncovered, Assigned

Garage Spaces 5.0

Building

Lot Description Single Lot

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kidder Mathews of California, Inc.

NEARBY SCHOOLS & PROPERTIES

Fatima Malik

Broker Associate License ID: 01950831

+1(310) 968-2085

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