1374 E Vernon, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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1374 E Vernon
Los Angeles, California 90011
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,112Sq Ft
4,787Lot Size
Property Price
LIST PRICE$750,000
EST. MARKET VALUE
$724,400
3% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a turnkey duplex listed at $750,000, positioned slightly above the $733,660 Fair Market Value. While the property shows a Condition Rating of 4 with dated interiors, it provides immediate, reliable cash flow from existing tenants. The 4,787 sqft lot offers significant long-term upside through potential ADU development. Located near major transit and employment hubs, this asset is well-suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income while building equity in a redeveloping Los Angeles market.
Estimated Market Value
$724,400
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1374 E Vernon Subject 0 bd · 0 ba · 2,112 sqft · $343 | $750,000* List Price | 0 | 0 | 2,112 | $343 | - |
A 1454 E 50th Sold 0 bd · 0 ba · 2,138 sqft · $318 · 0.5 mi | $680,000 | 0 | 0 | 2,138 | $318 | 0.5 mi |
B 4161 Dorsey Sold 0 bd · 0 ba · 2,053 sqft · $301 · 0.3 mi | $617,500 | 0 | 0 | 2,053 | $301 | 0.3 mi |
C 661 E 43rd Place Sold 0 bd · 0 ba · 1,985 sqft · $327 · 0.8 mi | $650,000 | 0 | 0 | 1,985 | $327 | 0.8 mi |
D 5307 1/2 Compton Avenue Sold 0 bd · 0 ba · 2,040 sqft · $377 · 0.6 mi | $770,000 | 0 | 0 | 2,040 | $377 | 0.6 mi |
E 1407 E 50th Street Sold 0 bd · 0 ba · 2,141 sqft · $343 · 0.4 mi | $734,000 | 0 | 0 | 2,141 | $343 | 0.4 mi |
F 1634 E Vernon Sold 0 bd · 0 ba · 2,379 sqft · $298 · 0.3 mi | $710,000 | 0 | 0 | 2,379 | $298 | 0.3 mi |
G 725 E 40th Place Sold 0 bd · 0 ba · 2,135 sqft · $375 · 0.9 mi | $800,000 | 0 | 0 | 2,135 | $375 | 0.9 mi |
H 1139 E 42nd Sold 0 bd · 0 ba · 1,500 sqft · $367 · 0.4 mi | $550,000 | 0 | 0 | 1,500 | $367 | 0.4 mi |
I 1266 E E 50th Street Active 6 bd · 3 ba · 2,156 sqft · $429 · 0.4 mi | $925,000 List Price | 6 | 3 | 2,156 | $429 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1920, this duplex is functional and tenant-occupied but shows significant dating. Interior images reveal popcorn ceilings, older red carpeting, and aged cabinetry that has been painted over. While the kitchen features a newer stainless steel stove, the overall finishes and aesthetic suggest a renovation age of 20-30 years, requiring cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Income Opportunity
This move-in-ready duplex is fully occupied by reliable tenants, providing immediate cash flow and a seamless transition for investors from day one.
- Future Development Potential
The lot offers significant upside with potential for an ADU or additional improvements, allowing for increased density and long-term value appreciation.
- Strategic Rental Location
Conveniently located near major freeways, public transportation, and shopping, the property is well-positioned to maintain high tenant demand in a redeveloping area.
CONSRISKS & DEFICIENCIES
- Century-Old Construction
Built in 1920, the property may require more frequent maintenance or updates to aging infrastructure compared to newer builds.
- Modest School Ratings
The majority of the surrounding public schools have lower performance ratings, which could be a limiting factor for families prioritizing educational quality.
About 1374 E Vernon
Attention investors! Don't miss this exceptional income opportunity in Los Angeles. This move-in-ready duplex is a turnkey addition to your portfolio, offering strong cash flow in a market with high housing demand. Both units are in great condition and occupied by great tenants, giving you immediate, reliable rental income from day one. With two separate units, this property offers flexibility to owner-occupy one side while renting the other, or simply sit back and collect income from both. The lot also offers potential for an ADU or additional improvements down the road, subject to buyer verification with the City of Los Angeles, adding long-term upside to an already performing asset. Conveniently located near schools major freeways, public transportation, shopping, and more, this property is well positioned for lasting tenant demand. The surrounding area continues to experience ongoing investment and redevelopment, making this an attractive long-term hold. Don't miss out on this opportunity.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1920
- Lot Size
- 4,787 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ascot Avenue Elementary School
Grades K-5 • 0.1 mi
4/10
Sally Ride Elementary: A Smart Academy
Grades K-5 • 0.4 mi
3/10
Hooper Avenue Elementary School
Grades 1-5 • 0.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.7 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,112 | 2,148.648 |
| Lot Size | 4,787 | 5,855.757 |
| Price | $750.0K | $831.8K |
| Price per sq ft | $355 | $387 |
| Built year | 1920 | 1928 |
| HOA | $0 | $0 |
| Days on market | 66 | 87 |
Pricing History
Listed for Sale
Aug 19, 2026
$750,000
Initial Listing
Sold
Apr 6, 2000
$138,500
Public Record
Sold
Feb 4, 2000
$82,500
Public Record
Sold
Sep 30, 1998
$129,000
Public Record
Sold
Feb 6, 1998
$68,000
Public Record