415 E Vernon Avenue, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$650,000$1,641/sqft
415 E Vernon Avenue, Los Angeles, California 90011
0Bed
0Bath
1,641Sqft
4,819Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a detached duplex with two units (2B/1B and 1B/1B), providing excellent potential for rental income or flexible owner-occupancy.
Top Cons:
Advanced Age and Condition: Built in 1905, the property's age suggests potential for significant deferred maintenance, outdated systems (plumbing, electrical), and substantial renovation costs to modernize.
Compared to the nearby listings
Price:$650.0K vs avg $650.0K (+$0)50%
Size:1,641 sqft vs avg 2,076 sqft28%
Price/sqft:$396 vs avg $34069%
More Insights
Built in 1905 (121 years old).
Condition: Built in 1905, this property shows significant signs of advanced age and neglect on the exterior, including worn paint, cracked concrete, and old security bars. The lack of interior images, coupled with the 'unspecified renovation status' and 'advanced age and condition' noted in the property analysis, strongly suggests that the interior, including kitchen and bathrooms, is severely outdated and requires substantial repairs and rehabilitation to meet modern standards. Major systems are likely beyond their expected lifespan.
Year Built
1905
Close
-
List price
$650K
Original List price
$699K
Price/Sqft
$396
HOA
-
Days on market
-
Sold On
-
MLS number
DW25088349
Home ConditionPoor
Features
ViewNeighborhood
About this home
Excellent investment opportunity in the heart of Los Angeles! This detached duplex features two units on a 4,819 sq-ft lot, offering both versatility and potential. The front unit is a spacious 2-bedroom, 1-bathroom home, while the rear unit is a spacious 1-bedroom, 1-bathroom residence. Both units are fully detached, providing privacy and flexibility for owner-occupants. Convenient car parking is available at the rear of the property, accessible via an alley entrance. Strategically located near the 110 freeway, this property offers easy access to downtown LA, just 6 miles from Exposition Park and USC.
V
Vilma Flores
Listing Agent
Nearby schools
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.4mi
3/10
Trinity Street Elementary School
Public,•K-5•0.5mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.6mi
2/10
Harmony Elementary School
Public,•K-5•0.6mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.7mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.7mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.7mi
/10
Maple Primary Center
Public,•K-1•0.8mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.9mi
5/10
Dolores Huerta Elementary School
Public,•K-5•1.1mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.1mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.1mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.2mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.3mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.4mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.7mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.9mi
2/10
John W. Mack Elementary School
Public,•K-5•2.1mi
4/10
Norwood Street Elementary School
Public,•K-5•2.2mi
3/10
George Washington Carver Middle School
Public,•6-8•0.5mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.1mi
4/10
John Adams Middle School
Public,•6-8•1.3mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.4mi
2/10
John Muir Middle School
Public,•6-8•1.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.3mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.1mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.1mi
3/10
Manual Arts Senior High School
Public,•9-12•1.3mi
5/10
Santee Education Complex
Public,•9-12•1.7mi
4/10
West Adams Preparatory High School
Public,•9-12•2.7mi
Price History
Date
Event
Price
03/15/07
Sold
$515,000
Condition Rating
Poor
Built in 1905, this property shows significant signs of advanced age and neglect on the exterior, including worn paint, cracked concrete, and old security bars. The lack of interior images, coupled with the 'unspecified renovation status' and 'advanced age and condition' noted in the property analysis, strongly suggests that the interior, including kitchen and bathrooms, is severely outdated and requires substantial repairs and rehabilitation to meet modern standards. Major systems are likely beyond their expected lifespan.
Pros & Cons
Pros
Income-Generating Duplex: The property is a detached duplex with two units (2B/1B and 1B/1B), providing excellent potential for rental income or flexible owner-occupancy.
Strategic Urban Location: Situated in the heart of Los Angeles, offering convenient access to the 110 freeway, Downtown LA, Exposition Park, and USC, enhancing its appeal to renters and commuters.
Privacy of Detached Units: Both units are fully detached, a rare feature for a duplex, offering enhanced privacy and independent living for residents.
Valuable Off-Street Parking: Convenient car parking is available at the rear of the property via an alley entrance, a significant advantage in a dense urban area.
Recent Price Reduction: A recent price drop from $699,000 to $650,000 indicates a motivated seller and potentially increased value for buyers.
Cons
Advanced Age and Condition: Built in 1905, the property's age suggests potential for significant deferred maintenance, outdated systems (plumbing, electrical), and substantial renovation costs to modernize.
Unspecified Renovation Status: The description lacks details on recent renovations or the current condition of the units, implying potential for significant investment to bring them to modern standards or address wear and tear.
Modest Lot Size for Duplex: The 4,819 sq-ft lot, while functional, may offer limited private outdoor space for each unit, which could be a consideration for some tenants or owner-occupants.