125 W Vernon Avenue, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath

125 W Vernon Avenue, Los Angeles, California 90037 home-pic-0
ACTIVE$625,000
125 W Vernon Avenue, Los Angeles, California 90037
0Bed
0Bath
1,592Sqft
4,337Lot
Year Built
1921
Close
-
List price
$625K
Original List price
$675K
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
DW25061874
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $625.0K(13th), sqft - 1592(13th), beds - undefined(50th), baths - undefined(50th).

This property offers both residential and commercial opportunities, making it an ideal investment for those looking for diverse income streams providing flexibility and potential for a variety of uses. The commercial space, facing Vernon Avenue, is perfect for retail, office, or service-oriented businesses, benefiting from high traffic flow to local traffic. Behind the unit is a two-bedroom unit—offering a total of 2 bedrooms and 1 bathrooms. With its mixed-use zoning and proximity to key location such as the University of Southern California (USC) and the Los Angeles Memorial Coliseum this property presents a unique investment opportunity. Whether you are looking to lease the commercial space for consistent cash flow or capitalize on the potential for long-term appreciation, this property provides an exciting prospect in one of Los Angeles’ up-and-coming neighborhoods.

Price History

Date
Event
Price
09/14/25
Price Change
$625,000
03/20/25
Listing
$675,000
06/18/13
Sold
$186,000
Condition Rating
Poor

Built in 1921, this property shows significant age and extensive deferred maintenance. The visible residential and commercial spaces feature dated tile flooring, utilitarian drop ceilings, and old light fixtures (fluorescent tubes, string lights, basic ceiling fan). The exterior appears worn and neglected. There is no evidence of recent major renovations, and the property requires substantial repairs and rehabilitation to meet modern living and commercial standards. The lack of visible kitchen and bathroom areas, combined with the overall condition, suggests these critical spaces would also be in poor, outdated condition.
Pros & Cons

Pros

Mixed-Use Zoning & Income Potential: The property offers both residential and commercial opportunities, providing diverse income streams and flexibility for various investment strategies.
High Commercial Visibility: The commercial space faces Vernon Avenue, benefiting from high traffic flow, making it ideal for retail, office, or service-oriented businesses.
Strategic Location near Major Institutions: Proximity to key landmarks like the University of Southern California (USC) and the Los Angeles Memorial Coliseum enhances rental demand and long-term appreciation potential.
Investment Opportunity in Emerging Area: Located in an 'up-and-coming neighborhood' of Los Angeles, presenting a unique prospect for long-term appreciation and consistent cash flow.
Recent Price Reduction: The list price has been reduced by $50,000 from the original, potentially indicating a more attractive entry point for investors.

Cons

Advanced Age of Property: Built in 1921, the property is over a century old, which may imply a need for significant maintenance, system updates, or extensive renovations to meet modern standards.
Limited Residential Amenities: The residential unit offers only 2 bedrooms and 1 bathroom, which could be a limiting factor for certain tenant demographics or family sizes, potentially impacting rental appeal.
Potential for Noise Pollution: Given its location on Vernon Avenue with high commercial traffic, the residential unit may be subject to significant noise levels from the street.

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