Stable, fully occupied three-unit income property located close to USC and Downtown L.A. The property consists of three residential units across two separate buildings on a large 6,921-square-foot lot zoned C2-1VL with future development potential. The unit mix includes two 1-bedroom/1-bath units (one of them Section 8) and one unit 3-bedroom/1 bath, providing strong rental income. The South Los Angeles market continues to benefit from proximity to Downtown LA, USC, Exposition Park, and major transit infrastructure. Adjacent to the signalized corner of San Pedro Place and Vernon Avenue, with the future potential of a broad range of commercial uses by-right and TOC Tier 2 Designation, offering a significant density bonus potential for qualified affordable housing projects.
For sale
$699,000
186 E Vernon Ave, Los Angeles, CA 90011
4beds
4baths
2,247sqft
:
Get pre-qualified$4,728/mo
Multi Family
Built in 1921
-- sqft lot
$707,800 Zestimate®
$311/sqft
$-- HOA
What's special
- 47 days |
- 204 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Darin Spillman DRE # 01366902 310-592-8269,
Kidder Mathews of California, Inc. 310-312-1800
Source: CLAW,MLS#: 26848321
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall
Cooling
- None
Interior area
- Total structure area: 2,247
- Total interior livable area: 2,247 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Is Detached, Open
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,921 Square Feet
Details
- Additional structures: None
- Parcel number: 5109001016
- Zoning: LAC2
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1921
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $311/sqft
- Tax assessed value: $516,316
- Annual tax amount: $6,676
- Date on market: 6/17/2026
Estimated market value
$707,800
$672,000 - $743,000
$2,920/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $699,000+210.7%$311/sqft |
Source:  CLAW #26848321 Report a problem | ||
| 1/2/2009 | Sold | $225,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,676 +1.6% | $516,316 +2% |
| 2024 | $6,570 +1.9% | $506,193 +2% |
| 2023 | $6,450 +4.7% | $496,269 +2% |
| 2022 | $6,161 +1.3% | $486,539 +2% |
| 2021 | $6,079 -0.9% | $477,000 +1% |
| 2020 | $6,136 | $472,110 +2% |
| 2019 | $6,136 +5.3% | $462,854 +2% |
| 2018 | $5,827 | $453,779 +2% |
| 2017 | $5,827 +2.2% | $444,882 +26.7% |
| 2016 | $5,704 +25.5% | $351,000 |
| 2015 | $4,546 +2.9% | $351,000 +6% |
| 2014 | $4,420 | $331,000 -17.3% |
| 2010 | -- | $400,000 +30.3% |
| 2009 | -- | $306,932 +727.1% |
| 2007 | -- | $37,109 +2% |
| 2006 | -- | $36,382 |
| 2005 | -- | $36,382 +4% |
| 2004 | -- | $34,972 +1.9% |
| 2003 | -- | $34,332 +2% |
| 2002 | -- | $33,659 +4% |
| 2000 | -- | $32,354 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Southeast Los Angeles
Nearby schools
GreatSchools rating
- 8/10West Vernon Avenue Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10George Washington Carver Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community HighGrades: 9-12Distance: 0.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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