Los Angeles, CA 90062,1763 W Vernon
Los Angeles, CA 90062,1763 W Vernon
Los Angeles, CA 90062,1763 W Vernon
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$1,550,000
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Price Dropped by $200K

1763 W Vernon Los Angeles, CA 90062

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25236122

HOA Y/N No

Year Built 1922

Property Sub-Type Mixed Use

Property Description

Presenting a unique mixed-use, two-story property in the heart of Los Angeles, offering incredible income potential. The ground floor boasts two spacious office suites and a retail store, currently operating as a grocery and wine/beer shop. Both office spaces are available for leasing, presenting an excellent opportunity for a new tenant or owner-user.
The second floor is home to six residential units, including three studios and three one-bedroom, one-bath apartments. Additionally, the property includes a vacant lot at the rear, providing parking for both tenants and customers. There is significant potential for building an Accessory Dwelling Unit (ADU) in the parking area.
Ideally situated near major attractions such as BMO Stadium, the National Historic Museum of Los Angeles, Kia Forum, and YouTube Theater. This profitable property offers convenience and accessibility in a thriving neighborhood.
This is a rare and lucrative opportunity—don't miss out!

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry None

Exterior

Fence Chain Link, Partial

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition,Flat,Rolled/Hot Mop

Present Use Multi-Family

Total Parking Spaces 10

Building

Lot Description 6-10 Units/Acre, Level

Story 2

Water Public

Others

Tax ID 5021025016

Acceptable Financing Cash to Existing Loan, Conventional

Listing Terms Cash to Existing Loan, Conventional

Special Listing Condition Standard


CRMLS – RECore
Listed by Philip Onyenedum Atesa Real Estate, Inc. 760-712-7795

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Jacklyn Lamkin Dougan

Jacklyn Lamkin Dougan

Agent | License ID: 01797149

+1(619) 957-0600

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1763 W Vernon