Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.
For sale
$1,600,000
522 W Vernon Ave, Los Angeles, CA 90037
9beds
5baths
3,346sqft
:
Get pre-qualified$10,798/mo
Multi Family
Built in 1904
-- sqft lot
$1,560,600 Zestimate®
$478/sqft
$-- HOA
What's special
- 44 days |
- 39 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Shahram Shamounpour DRE # 02122389 424-313-2744,
Keller Williams Beverly Hills 310-432-6400
Source: CLAW,MLS#: 25607053
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Wall
Cooling
- Wall Unit(s)
Appliances
- Laundry: None
Features
- Flooring: Laminate
Interior area
- Total structure area: 3,346
- Total interior livable area: 3,346 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City Lights, City
- Waterfront features: None
Lot
- Size: 7,248 Square Feet
Details
- Additional structures: None
- Parcel number: 5018033017
- Zoning: LAC2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Updated/Remodeled
- Year built: 1904
Community & HOA
Community
- Security: Gated, Alarm System
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $478/sqft
- Tax assessed value: $1,102,824
- Annual tax amount: $14,013
- Date on market: 6/16/2026
- Total actual rent: 150000
- Tenant pays: Gas, Electricity, Cable TV, ADA Upgrades, Trash Collection, Water, Hot Water
Estimated market value
$1,560,600
$1.48M - $1.64M
$2,204/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $1,600,000$478/sqft |
Source:  CLAW #25607053 Report a problem | ||
| 4/10/2026 | Listing removed | $1,600,000$478/sqft |
Source: CLAW #25607053 Report a problem | ||
| 12/15/2025 | Listing removed | $7,500$2/sqft |
Source:  CLAW #25624655 Report a problem | ||
| 12/2/2025 | Listed for rent | $7,500$2/sqft |
Source: CLAW #25624655 Report a problem | ||
| 10/21/2025 | Price change | $1,600,000-11.1%$478/sqft |
Source: CLAW #25607053 Report a problem | ||
| 10/16/2025 | Listed for sale | $1,800,000+69.8%$538/sqft |
Source: CLAW #25607053 Report a problem | ||
| 3/15/2022 | Sold | $1,060,000-15.2%$317/sqft |
Source: Public Record Report a problem | ||
| 2/23/2022 | Pending sale | $1,250,000$374/sqft |
Source:  CRMLS #NP21204312 Report a problem | ||
| 1/6/2022 | Contingent | $1,250,000$374/sqft |
Source: CRMLS #NP21204312 Report a problem | ||
| 12/8/2021 | Price change | $1,250,000-7.4%$374/sqft |
Source: CRMLS #NP21204312 Report a problem | ||
| 12/2/2021 | Listed for sale | $1,350,000$403/sqft |
Source: CRMLS #NP21204312 Report a problem | ||
| 10/29/2021 | Contingent | $1,350,000$403/sqft |
Source: CRMLS #NP21204312 Report a problem | ||
| 10/20/2021 | Price change | $1,350,000-1.8%$403/sqft |
Source: CRMLS #NP21204312 Report a problem | ||
| 10/15/2021 | Listed for sale | $1,375,000+177.8%$411/sqft |
Source: CRMLS #NP21204312 Report a problem | ||
| 6/1/2015 | Sold | $495,000-9.2%$148/sqft |
Source: Public Record Report a problem | ||
| 1/17/2015 | Price change | $544,900-0.9%$163/sqft |
Source: United Brokers Realty #PW14253240 Report a problem | ||
| 12/5/2014 | Listed for sale | $549,900+82.1%$164/sqft |
Source: United Brokers Realty #PW14253240 Report a problem | ||
| 5/1/2014 | Sold | $302,000-17.2%$90/sqft |
Source: Public Record Report a problem | ||
| 3/23/2014 | Listed for sale | $364,900+24%$109/sqft |
Source: Coldwell Banker Coastal Alliance #PW14058947 Report a problem | ||
| 9/6/2013 | Sold | $294,375-50.5%$88/sqft |
Source: Public Record Report a problem | ||
| 3/31/2006 | Sold | $595,000$178/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,013 +1.5% | $1,125,140 +2% |
| 2024 | $13,803 +1.9% | $1,103,084 +2% |
| 2023 | $13,544 +85.3% | $1,081,460 +87% |
| 2022 | $7,308 +1.5% | $578,175 +2% |
| 2021 | $7,203 -0.9% | $566,844 +1% |
| 2020 | $7,270 | $561,035 +2% |
| 2019 | $7,270 +5.1% | $550,040 +2% |
| 2018 | $6,916 | $539,261 +2% |
| 2017 | $6,916 +2.1% | $528,433 +2% |
| 2016 | $6,774 +2.7% | $518,073 +20.9% |
| 2015 | $6,594 -32.5% | $428,391 -44% |
| 2014 | $9,768 | $765,000 +89.8% |
| 2011 | -- | $403,011 +0.8% |
| 2010 | -- | $400,000 -36.7% |
| 2009 | -- | $631,418 +2% |
| 2008 | -- | $619,038 +2% |
| 2007 | -- | $606,900 +32.2% |
| 2006 | -- | $459,000 +82.2% |
| 2005 | -- | $251,947 +6% |
| 2003 | -- | $237,729 +2% |
| 2002 | -- | $233,069 +4% |
| 2000 | -- | $224,020 |
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.Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 6/10Marguerite Poindexter Lamotte ElementaryGrades: K-5Distance: 0.3 mi
- 5/10John Muir Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.6 mi
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