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For sale
  • Listed by: CENTURY 21 REALTY MASTERS • Anabella Jimenez • Contact: 323-304-5760
    $775,000

    348 W Vernon Ave, Los Angeles, CA 90037

    3beds
    4baths
    2,940sqft
    : 
    $5,184/mo
    Get pre-qualified
    Quadruplex
    Built in 1911
    -- sqft lot
    $-- Zestimate®
    $264/sqft
    $-- HOA

    What's special

    Prime mixed-use investment opportunity located at 348 W Vernon Ave, Los Angeles. 4 UNITS, 3 RESIDENTIAL AND 1 STOREFRONT ** This versatile property features a street-level commercial storefront currently used as a retail space, plus three residential units, offering multiple income streams in a high-demand urban corridor. The commercial unit benefits from strong street exposure along Vernon Avenue, with a wide storefront window, security gate, and flexible interior layout ideal for retail, office, or service-oriented uses. Excellent visibility and signage potential enhance business appeal. The residential component consists of three separate units, including a combination of single-story and upper-level unit with private entrances. Units feature functional floor plans, natural light, and practical layouts suitable for long-term tenants. A shared courtyard and on-site access provide convenience and separation from the commercial space. The property sits on a fully improved lot with alley access, 3 individual meters, and a layout conducive to efficient management. Aerial views highlight proximity to major thoroughfares, public transportation, and nearby freeways, offering easy access to Downtown Los Angeles and surrounding neighborhoods. Located in a strong rental market with consistent demand for both residential and commercial space, this asset presents an excellent opportunity for investors, owner-users, or those seeking to reposition a mixed-use property for increased cash flow. Zoned for mixed use. Buyer to verify all zoning, unit count, and permitted uses with the City of Los Angeles.
    217 days
    |
    87
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Anabella Jimenez DRE #01384351 323-304-5760,

    CENTURY 21 REALTY MASTERS

    Source: CRMLS,MLS#: MB26097943MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      Appliances
      • Laundry: None
      Features
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,940
      • Total interior livable area: 2,940 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Street
      • Pool features: None
      Lot
      • Size: 5,004 Square Feet
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 5110003004
      • Special conditions: Trust

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Condition
      • New construction: No
      • Year built: 1911

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $264/sqft
      • Tax assessed value: $284,138
      • Annual tax amount: $3,952
      • Date on market: 5/5/2026
      • Cumulative days on market: 218 days
      • Listing terms: Submit

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,105/mo

        Price history

        DateEventPrice
        5/6/2026Listed for sale$775,000$264/sqft
        Source: CRMLS #MB26097943 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,952 +2.1%$284,138 +2%
        2024$3,870 +1.7%$278,567 +2%
        2023$3,804 +4.5%$273,106 +2%
        2022$3,642 +1.6%$267,752 +2%
        2021$3,583 -0.8%$262,503 +1%
        2020$3,612 $259,812 +2%
        2019$3,612 +7%$254,719 +2%
        2018$3,376 $249,725 +2%
        2017$3,376 +2.1%$244,829 +2%
        2016$3,306 +3.3%$240,029 +1.5%
        2015$3,202 $236,425 +4.5%
        2012-- $226,224
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Southeast Los Angeles

        Getting around

        86 / 100
        Very Walkable
        64 / 100
        Good Transit
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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