About 458 W Vernon Avenue
Fully renovated 4-unit income property with approved ADU plans near USC and Exposition Park! Rare corner location adjacent to freeway access. All four units have been recently renovated and are occupied with new tenants, making this a turnkey investment opportunity. Zoned LAC2, the property includes approved plans for two additional 3-bedroom, 2-bath ADUsoffering significant upside potential through expansion. There is also an opportunity with the C2 zoning to explore redevelopment. Whether you're a hands-off investor seeking steady income or an active investor looking to add value, this asset checks all the boxes. Located on a high-visibility corner at Vernon and Figueroa with strong foot traffic, immediate freeway access, and excellent transit options. Just steps from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown LA, this property sits in one of the city's fastest-growing neighborhoods. Dont miss this rare opportunity to invest in both current cash flow and future growth.
Features of 458 W Vernon Avenue
| MLS® # | AR25141126 |
|---|---|
| Price | $1,200,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Acres | 0.12 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Active |
Community Information
| Address | 458 W Vernon Avenue |
|---|---|
| Area | LOS ANGELES (90037) |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90037 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|---|
| Stories | 2 Story |
Exterior
| Lot Description | Sidewalks |
|---|
Additional Information
| Date Listed | June 17th, 2025 |
|---|---|
| Days on Market | 16 |
| Zoning | Public Rec |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | McIntire Real Estate Inc. |
|---|