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.
Get a detailed valuation report, schedule a tour or make an offer!
“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 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 | $/sqft | Valuation |
---|---|---|
HouseCanary | $448/sqft | $2,657,500 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
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
SUBJECT1348 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
COMPARABLEChoose comps
1128 E 28th St, Los Angeles, CA 90011
Sale: $2,300,000
11/7/2024 • 0.88 mi
Area:6,378 sqft
Price/sqft:$361
Beds:18
Baths:12
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1348 E Vernon Ave, Los Angeles, CA 90011 | $2,495,000 | 5,927 | $421 | 5,997 | — | 5/5/2025 | 17 | 12 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1128 E 28th St, Los Angeles, CA 90011 | $2,300,000 | 6,378 | $361 | 6,401 | 0.88 mi | 11/7/2024 | 18 | 12 | — | 100.0% |
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