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For sale
    • Price cut: $191K (6/2)
    $998,000

    1474 W Vernon Ave, Los Angeles, CA 90062

    5beds
    3baths
    2,263sqft
    : 
    $6,692/mo
    Get pre-qualified
    Multi Family
    Built in 1911
    -- sqft lot
    $993,900 Zestimate®
    $441/sqft
    $-- HOA

    What's special

    Seller will consider buying down interest rate to approximately 4.5% for the first year! Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong 5.7 % Cap Rate with additional rent upside potential. The property features two spacious 2-bed / 1-bath units and one 1-bed/1 bath unit. Significant upgrades completed within the last 3 years include newer flooring, newer kitchens and bathrooms, fresh interior paint, new water heaters, plumbing improvements, waste line replacement, and one new wall heater. Current rents provide stable income with the opportunity to increase returns through market rent adjustments and continued unit optimization. Ideal for both seasoned and 1031-exchange investors seeking value-add potential in a high-demand rental area.
    182 days
    |
    127
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Stein DRE # 01786020 805-319-5866,

    Keller Williams Realty Santa Barbara 805-319-5866

    Source: CLAW,MLS#: 26638505MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Wall
      Cooling
      • None
      Appliances
      • Included: Range/Oven, Refrigerator
      • Laundry: Laundry Room, Common Area
      Interior area
      • Total structure area: 2,263
      • Total interior livable area: 2,263 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      Lot
      • Size: 5,719 Square Feet
      Details
      • Parcel number: 5016002003
      • Zoning: LARD1.5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Craftsman
      • Property subtype: Multi Family
      Condition
      • Year built: 1911

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $441/sqft
      • Tax assessed value: $890,000
      • Annual tax amount: $11,069
      • Date on market: 2/5/2026
      • Tenant pays: Gas, Electricity

        Estimated market value

        $993,900

        $944,000 - $1.04M

        $2,973/mo

        Price history

        DateEventPrice
        7/28/2026Listing removed$2,450$1/sqft
        Source: Zillow Rentals Report a problem
        7/11/2026Price change$2,450-9.3%$1/sqft
        Source: Zillow Rentals Report a problem
        6/8/2026Price change$2,700-11.5%$1/sqft
        Source: Zillow Rentals Report a problem
        6/2/2026Price change$998,000-16.1%$441/sqft
        Source: CLAW #26638505 Report a problem
        4/9/2026Listed for rent$3,050$1/sqft
        Source: Zillow Rentals Report a problem
        2/14/2026Price change$1,189,000-0.8%$525/sqft
        Source: CLAW #26638505 Report a problem
        2/5/2026Listed for sale$1,199,000+34.7%$530/sqft
        Source: CLAW #26638505 Report a problem
        12/20/2024Listing removed$3,050$1/sqft
        Source: Zillow Rentals Report a problem
        10/24/2024Listed for rent$3,050$1/sqft
        Source: Zillow Rentals Report a problem
        10/10/2024Listing removed$3,050$1/sqft
        Source: Zillow Rentals Report a problem
        9/25/2024Listed for rent$3,050$1/sqft
        Source: Zillow Rentals Report a problem
        9/14/2024Listing removed$3,050$1/sqft
        Source: Zillow Rentals Report a problem
        8/21/2024Listed for rent$3,050-1.6%$1/sqft
        Source: Zillow Rentals Report a problem
        8/20/2024Listing removed--
        Source: Zillow Rentals Report a problem
        8/16/2024Sold$890,000-3.3%$393/sqft
        Source: CLAW #23-307301 Report a problem
        8/15/2024Listed for rent$3,100-3.1%$1/sqft
        Source: Zillow Rentals Report a problem
        8/15/2024Listing removed--
        Source: Zillow Rentals Report a problem
        8/14/2024Listed for rent$3,200$1/sqft
        Source: Zillow Rentals Report a problem
        8/6/2024Pending sale$920,000$407/sqft
        Source: CLAW #23-307301 Report a problem
        7/26/2024Listing removed--
        Source: CLAW #23-307301 Report a problem
        7/23/2024Listed for sale$920,000$407/sqft
        Source: CLAW #23-307301 Report a problem
        6/10/2024Listing removed--
        Source: CLAW #23-307301 Report a problem
        6/3/2024Price change$920,000+2.3%$407/sqft
        Source: CLAW #23-307301 Report a problem
        5/29/2024Price change$899,000-5.9%$397/sqft
        Source: CLAW #23-307301 Report a problem
        3/26/2024Pending sale$955,000+54%$422/sqft
        Source: CLAW #23-307301 Report a problem
        3/11/2021Sold$620,000+96.8%$274/sqft
        Source: Public Record Report a problem
        7/30/2014Sold$315,000$139/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,069 +32.5%$890,000 +35.3%
        2024$8,354 +1.9%$657,948 +2%
        2023$8,201 +4.7%$645,048 +2%
        2022$7,833 +75.2%$632,400 +80.8%
        2021$4,472 -0.9%$349,747 +1%
        2020$4,512 $346,161 +2%
        2019$4,512 +6%$339,374 +2%
        2018$4,255 $332,721 +2%
        2017$4,255 +2.1%$326,198 +2%
        2016$4,168 +2.7%$319,803 +1.5%
        2015$4,056 +187.2%$315,000 +262.4%
        2014$1,413 $86,911 +2.5%
        2012-- $84,824 +2%
        2011-- $83,162 +0.8%
        2010-- $82,542 -0.2%
        2009-- $82,739 +2%
        2008-- $81,118 +2%
        2007-- $79,529 +2%
        2006-- $77,970
        2005-- $77,970 +4%
        2004-- $74,944 +1.9%
        2003-- $73,572 +2%
        2002-- $72,130 +4%
        2000-- $69,331
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: South Los Angeles

        Getting around

        80 / 100
        Very Walkable
        60 / 100
        Good Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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