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1348 E Vernon Ave, Los Angeles, CA 90011

List Price: $2,495,000On Market FlagOn market
May 5, 20255,927 sqft17 beds12 baths
Listed by: Joe Myers
License #: 01876220
Phone #: 323-863-5844
Compass
Source:
CRMLS Logo
MLS #: 25534297

Property Description

Contemporary Fourplex! This remarkable property features two distinct buildings. The front building is two stories high and includes two units, each offering three bedrooms and two bathrooms. The back building showcases a tri-level design with side-by-side units: one containing four bedrooms and three bathrooms, while the other boasts seven bedrooms and five bathrooms. All units are designed with highly desirable floor plans in a townhome style, complete with en-suite bathrooms and master bedrooms. Expansive windows flood the interiors with natural light, and additional highlights include walk-in closets, custom window blinds, stainless steel appliances, two-tone interior paint, and energy-efficient LED lighting. Each unit also comes with its own laundry room, tankless water heaters for instant hot water, and energy-saving HVAC systems.Ample parking is available, featuring decorative pavers, an attached garage, and an automatic gate opener. The property is well-maintained, with drought resistant landscaping and includes solar panels, ensuring it is self-sustainable with minimal maintenance costs. Each unit is individually metered, and an EV charging connection is provided in the garage. This attractive property is easy to rent and is centrally located near Downtown Los Angeles, USC, and major public transportation routes. With no rent control and increasing demand for rentals in the area, this building presents a great investment opportunity.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$42,300

TurboHome Estimated Value

$2,657,500

$448 sqft

High Valuation
$2,790,375
$471/sqft
Normal Valuation
$2,657,500
$448/sqft
Low Valuation
$2,524,625
$426/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$448/sqft$2,657,500

Neighborhood: Southeast Los Angeles

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Comparative Value

$2.30M

$2.50M

1128 E 28th St, Los Angeles, CA 90011

Sale Price: $2,300,000

Selected Comparable

1348 E Vernon Ave, Los Angeles, CA 90011

List Price: $2,495,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1348 E Vernon Ave, Los Angeles, CA 90011

1348 E Vernon Ave, Los Angeles, CA 90011

List: $2,495,000

Listed: 5/5/2025

Area:5,927 sqft
Price/sqft:$421
Beds:17
Baths:12
Year Built:
Lot Size:5,997

Comparable Properties

COMPARABLE
Choose comps
1128 E 28th St, Los Angeles, CA 90011

1128 E 28th St, Los Angeles, CA 90011

Sale: $2,300,000

11/7/20240.88 mi

Area:6,378 sqft
Price/sqft:$361
Beds:18
Baths:12
Year Built:
Weight:100.0%

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