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$7,500
7 Beds
3 Baths
2,246 SqFt
New
522 W Vernon AVE Los Angeles, CA 90037
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Rent
Square Footage 2,246 sqft
MLS Listing ID 25624655
Bedrooms 7
Full Baths 3
HOA Y/N No
Rental Info Negotiable
Year Built 1904
Property Description
Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure currently VACANT, with 7 bedrooms and 2 bathrooms. The space is well-maintained and ideal for continued use as a preschool, daycare, or educational facility. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio. The lower level is currently used as a playground area for the daycare. The owner is in the process of constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. The residential units will be delivered VACANT. Two separate buildings on one lot. Substantial existing income with growth potential. Commercial tenant willing to sign a long-term lease. Additional ADU under construction for added value. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors or owner-users seeking a multi-purpose asset in a growing area. The entire property is VACANT.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Exterior
Parking Features Driveway
Pool None
Community Features Gated
View Y/N Yes
View City Lights
Total Parking Spaces 2
Private Pool No
Building
Faces West
Entry Level Two
Architectural Style Bungalow
Level or Stories Two
New Construction No
Others
Pets Allowed Call
Senior Community No
Tax ID 5018033017
Security Features Gated Community
Pets Allowed Call

Listed by Shahram Shamounpour Keller Williams Beverly Hills
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