3232 W Vernon Avenue, Los Angeles, California 90008, Los Angeles, 90008 - 8 bed, 4 bath
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Los Angeles, California 90008
This Modern Turnkey Duplex is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,124,036 Fair Market Value by 6%. This valuation gap offers $74,036 in Instant Equity for the buyer. Boasting a Move-in Ready Condition Rating, the 2007 construction features two rare 4-bedroom, 2-bathroom units with recent renovations, fresh paint, and updated flooring. Located in the high-demand Leimert Park neighborhood, this asset provides superior rental capacity and lower maintenance than older area stock. It is perfectly suited for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3232 W Vernon Avenue Subject | $1,050,000* List Price | 8 | 4 | 2,700 | $416 | - |
A 4340 2nd Avenue Sold | $1,160,000 | 0 | 0 | 2,528 | $459 | 0.6 mi |
B 4056 Creed Avenue Pending | $875,000 List Price | 0 | 0 | 2,376 | $368 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 and recently renovated, this duplex is in move-in ready condition. The property features fresh interior and exterior paint, new wood fencing, updated laminate flooring, and modern recessed lighting. The bathrooms and kitchens appear well-maintained with updated vanities and clean tile work, fitting the criteria for a property built within the last 20 years with recent cosmetic updates.
Each unit features a rare 4-bedroom, 2-bathroom layout, offering significant rental income potential or a spacious multi-generational living arrangement.
Built in 2007, this property is significantly newer than the area's average housing stock, likely resulting in lower maintenance costs and more modern building standards.
The duplex has been recently renovated with fresh interior and exterior paint and new fencing, allowing for immediate occupancy or leasing without additional capital expenditure.
With a 2,700 sq ft building on a 3,720 sq ft lot, there is very limited outdoor space or yard area for tenants to enjoy.
With a total of 8 bedrooms, the demand for parking may exceed the available enclosed spaces, potentially leading to street parking challenges for residents and guests.
Renovated duplex in the desirable Leimert Park neighborhood of Los Angeles featuring two spacious units, each offering 4 bedrooms and 2 bathrooms. This is an excellent opportunity for investors or owner-occupants. Each unit offers in-unit washer and dryer hookups and functional layouts designed for comfortable living. The property offers approximately 2,700 sq ft of living space on a 3,720 sq ft lot. The exterior of the building has been recently painted, along with new wood fencing and freshly painted metal fencing surrounding the property. Enclosed parking is located behind the building.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 0.0 | 67% |
| Baths | 4.0 | 0.0 | 67% |
| Square foot | 2,700 | 2,700 | 50% |
| Lot Size | 3,721 | 6,478 | 33% |
| Price | $1.05M | $1.16M | 33% |
| Price per sq ft | $389 | $459 | 33% |
| Built year | 2007 | 1941 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 154 | 33% |
Apr 13, 2026
$1,050,000
Initial Listing