1629 E Vernon, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath

1629 E Vernon
Los Angeles, California 90011
Property Price
SUMMARY
Analysis of 1629 E Vernon, Los Angeles, California 90011 is currently available with a list price of $950,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1922, the property has undergone an extensive recent renovation that effectively modernized the entire structure. The interiors feature high-quality finishes including new laminate flooring, recessed lighting, and a contemporary color palette. The kitchens are fully updated with white shaker cabinets, quartz countertops, and stainless steel appliances, while the bathrooms showcase modern tiling and fixtures. With all components appearing new or virtually new and no visible deferred maintenance, the property meets the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- High-Demand Unit Mix
The property features two spacious 3-bedroom, 2-bathroom units, a rare and highly desirable configuration that commands premium rents and attracts long-term tenants.
- Significant Value-Add Potential
The lot is ready for future expansion with the capacity to add two additional ADUs, providing a clear path to increased density and significantly higher rental yields.
- Strategic Metropolitan Location
Located minutes from Downtown Los Angeles and major entertainment hubs like Crypto.com Arena, the property benefits from excellent connectivity and strong urban demand.
CONSRISKS & DEFICIENCIES
- Underperforming Local Schools
The majority of nearby public schools have low performance ratings, which may deter families who prioritize high-quality educational districts.
- Recent Price Correction
A price reduction shortly after listing indicates that the initial valuation may have been aggressive, potentially signaling a need for further market alignment.
About 1629 E Vernon
Two 3-Bedroom 2-Bathroom Units | Prime Investment Opportunity in Los Angeles An exceptional opportunity to own Two Three-bedroom residences in one of Los Angeles’ most rapidly evolving neighborhoods. Located in Metropolitan South, this property offers the perfect blend of modern construction, strong rental demand, and long-term appreciation potential—all just minutes from Downtown Los Angeles. One unit is available to view and move into. Each thoughtfully designed unit features a spacious and comfortable floor plan, ideal for today’s renters who value privacy, functionality, and convenience. Three-bedroom units in this area are consistently in high demand, making this a solid choice for both homeowners and first-time investors. This means the next owner can enjoy peace of mind and significant cost savings, with the ability to focus on cash flow rather than on repairs or deferred maintenance. Modern Features Renters Love • Each unit includes its own private laundry room • Two private entrances (front and rear) • Direct access to and Back parking The layouts feel open, airy, and well-proportioned—spaces that homeowners and renters are proud to call home. Location That Drives Value Living here places residents just minutes from the cultural and entertainment core of Los Angeles, including: • Crypto.com Arena • Dorothy Chandler Pavilion • Walt Disney Concert Hall • SoFi Stadium Los Angeles is uniquely positioned as a transportation and connectivity hub, bordered by major freeways including the 110 FWY, with the iconic Hollywood Interchange nearby—making commuting and access across the city seamless. Built-In Upside In addition to immediate income potential, the property is ready for future expansion, with the ability to add 2 additional ADU—creating a rare value-add opportunity in a supply-constrained market. Why This Property Stands Out ? High-demand unit mix ? Minimal maintenance concerns ? Strong location near Downtown LA ? Expansion potential for increased returns This is more than a property—it’s a strategic foothold in one of Los Angeles’ most promising neighborhoods. A place to grow, invest, and build long-term wealth in Cal
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1922
- Lot Size
- 5,211 Sq. Ft.
Interior
- Total Bedrooms
- -
- 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 • 0.2 mi
Nevin Avenue Elementary School
Grades K-5 • 0.6 mi
Holmes Avenue Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,274 | 1,974 | 72% |
| Lot Size | 5,211 | 5,234 | 48% |
| Price | $950.0K | $710.0K | 86% |
| Price per sq ft | $418 | $373 | 66% |
| Built year | 1922 | 1912 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 231 | 3% |
Pricing History
Listed for Sale
Feb 15, 2026
$950,000
$975,000
-3% Price Drop
Initial Listing
Price Change
Jan 2, 2026
$975,000
Initial Listing
Sold
Jun 23, 2016
$520,000
Public Record
Sold
Dec 17, 2015
$320,000
Public Record
Sold
Oct 31, 2002
$240,000
Public Record









