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1362 E Vernon Avenue, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath

1362 E Vernon Avenue, Los Angeles, California 90011 home-pic-0
ACTIVE$675,000$1,402/sqft
1362 E Vernon Avenue, Los Angeles, California 90011
0Bed
0Bath
1,402Sqft
4,791Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Multiple Income Streams & Flexibility: The property is a duplex with an additional separate dwelling, offering significant rental income potential and flexibility for owner-occupancy or multi-unit leasing.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-04-21. The sold price is $535,000.00.

Compared to the nearby listings

Price:$675.0K vs avg $675.0K (+$0)50%
Size:1,402 sqft vs avg 2,076 sqft10%
Price/sqft:$481 vs avg $34083%

More Insights

Built in 1913 (113 years old).
Condition: The property, built in 1913, presents a mixed condition. While the middle unit has been 'beautifully renovated' with modern updates, including a contemporary kitchen with white shaker cabinets, stainless steel appliances, and subway tile backsplash, and a modern bathroom, the front unit is not described as renovated, implying an older condition. The separate detached dwelling is explicitly stated as 'ready for transformation,' indicating it requires significant work. Overall, the property is aged, with only one of the three potential living spaces being recently updated, leading to an inconsistent condition that requires substantial investment to bring all units to a modern standard.
Year Built
1913
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$481
HOA
-
Days on market
-
Sold On
-
MLS number
WS25053178
Home ConditionFair
Features
Patio
View-

About this home

CHARMING DUPLEX WITH A BONUS SEPARATE DWELLING & DEVELOPMENT POTENTIAL! Welcome to 1362 E Vernon Ave, a prime investment opportunity in the heart of Los Angeles! Whether you’re looking to generate rental income, expand your portfolio, or live in one unit while renting out the others, this versatile duplex with a separate dwelling offers endless potential under LARD 1.5 zoning—a fantastic opportunity for future expansion. This property features 1,402 SqFt of living space across two units, plus an additional separate structure, ideal for an ADU (Accessory Dwelling Unit) or conversion into a third rental unit: • Front Unit: A well-sized 2-bedroom, 1-bathroom home, perfect for an owner-occupant or tenants seeking space. • Middle Unit: A beautifully renovated 1-bedroom, 1-bathroom unit, featuring an open-concept kitchen, dining, and living area, with modern updates and great natural light. • Separate Detached Dwelling: A bonus structure ready for transformation into an ADU, a studio rental, or a private workspace—unlocking even more income potential! Situated on a 4,791 SqFt lot, this property boasts a long driveway with ample parking and a spacious backyard, offering room for multiple vehicles or additional future development. Prime Location for Strong Rental Demand! Located just minutes from USC, Exposition Park, Downtown LA, major freeways, and public transportation, this property sits in a high-demand rental area—ideal for maximizing rental income and long-term appreciation. Don’t miss this rare opportunity! Whether you’re an investor looking to expand your portfolio or a homeowner seeking extra rental income, this duplex + separate dwelling offers unbeatable potential. Schedule a private showing today!

A
AARON MANZA
Listing Agent

Nearby schools

4/10
Ascot Avenue Elementary School
Public,•K-5•0.1mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.4mi
2/10
Hooper Avenue Elementary School
Public,•1-5•0.6mi
2/10
Harmony Elementary School
Public,•K-5•0.6mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.6mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.6mi
2/10
Aurora Elementary School
Public,•K-5•0.7mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.7mi
2/10
Holmes Avenue Elementary School
Public,•K-6•0.8mi
4/10
Quincy Jones Elementary School
Public,•K-5•1.0mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.2mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.3mi
5/10
Lillian Street Elementary School
Public,•K-6•1.3mi
5/10
Estrella Elementary School
Public,•K-5•1.6mi
5/10
Pacific Boulevard School
Public,•K-5•1.8mi
3/10
George Washington Carver Middle School
Public,•6-8•0.6mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.8mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.1mi
6/10
Vernon City Elementary School
Public,•K-7•1.1mi
3/10
Thomas A. Edison Middle School
Public,•6-8•1.5mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.5mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.4mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.4mi
5/10
Santee Education Complex
Public,•9-12•1.9mi
4/10
Huntington Park Senior High School
Public,•9-12•2.1mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.6mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•3.3mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•3.4mi

Price History

Date
Event
Price
04/21/25
Sold
$535,000
Condition Rating
Fair
The property, built in 1913, presents a mixed condition. While the middle unit has been 'beautifully renovated' with modern updates, including a contemporary kitchen with white shaker cabinets, stainless steel appliances, and subway tile backsplash, and a modern bathroom, the front unit is not described as renovated, implying an older condition. The separate detached dwelling is explicitly stated as 'ready for transformation,' indicating it requires significant work. Overall, the property is aged, with only one of the three potential living spaces being recently updated, leading to an inconsistent condition that requires substantial investment to bring all units to a modern standard.
Pros & Cons

Pros

Multiple Income Streams & Flexibility: The property is a duplex with an additional separate dwelling, offering significant rental income potential and flexibility for owner-occupancy or multi-unit leasing.
Strong Development Potential: LARD 1.5 zoning and a generous 4,791 SqFt lot provide excellent opportunities for future expansion and value appreciation, including potential ADU conversion.
High-Demand Rental Location: Strategically located near USC, Exposition Park, Downtown LA, major freeways, and public transportation, ensuring robust tenant demand and long-term appreciation.
Partially Renovated Unit: The middle unit has been beautifully renovated with modern updates, enhancing its appeal and potential rental income.
Ample Parking & Outdoor Space: Features a long driveway with ample parking and a spacious backyard, adding practical value and desirability in an urban setting.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-04-21. The sold price is $535,000.00.
Age of Property & Potential Deferred Maintenance: Built in 1913, the property is over a century old, suggesting potential for outdated systems and higher ongoing maintenance costs, especially for unrenovated units.
Investment Required for Full Potential: While offering development potential, the 'separate detached dwelling' is 'ready for transformation,' indicating significant capital and effort will be needed to realize its full income-generating capacity (e.g., ADU conversion).
Inconsistent Unit Condition: Only one of the three potential units (middle unit) is described as renovated, implying the front unit and separate dwelling may require substantial upgrades to match modern tenant expectations and maximize rental value.
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