1038 W Vernon Ave | Los Angeles, CA 90037
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- LoopNet Team
1038 W Vernon Ave
Los Angeles, CA 90037
Zoned LAC2 in TOC Area - Tier 3 · Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- Property is Zoned LAC2 on a 6,286 SF Lot
- In a Transit Oriented Community (TOC) - Tier 3
- Substantial meat on the bone in rent growth for existing use
- Potential to built a larger, mixed-use, multifamily property
- Fantastic location, near USC, the Coliseum, Banc of California Stadium, and minutes away from DTLA
PROPERTY FACTS
| No. Units | 3 | Building Size | 2,070 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1938 |
| Lot Size | 0.14 AC | ||
| Zoning | LAC2 - Neighborhood Commercial | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.14 AC |
| Building Size | 2,070 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1938 |
| Zoning | LAC2 - Neighborhood Commercial |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $1,700 | - |
| 1+1 | 2 | $957.00 | - |
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