532 W Vernon Ave
Los Angeles, CA 90037
Prime Brand-New 5-Unit Apartment Building in South Los Angeles Investor Ready!
Sales Price $2,850,000
Los Angeles Apartment
Beds
8
Baths
8
Home Size
7354 Sq. Ft.
Lot Size
7248 Sq. Ft.
Prime Brand-New 5-Unit Apartment Building in South Los Angeles Investor Ready!
We are excited to present this stunning brand-new construction 5-unit multifamily property completed in 2022, offering a rare combination of modern design, premium finishes, and unbeatable location. Perfectly positioned in a vibrant South Los Angeles neighborhood, this property sits just west of S. Figueroa Street and south of W. Vernon Avenue, placing residents minutes from Downtown LA, USC, Exposition Park, and major commuter routes. Spread across three beautiful buildings, the property boasts an exceptional unit mix: One (1) spacious 1-bedroom, 1.5-bath ADU Two (2) large 3-bedroom, 3-bath townhouse-style units Two (2) expansive 4-bedroom, 4-bath townhouse-style units The four front units span three stories each, while the rear ADU offers a comfortable two-story layout each with thoughtfully designed open floor plans, abundant natural light, and modern amenities. Inside, you ll find high ceilings, contemporary kitchens with stainless steel appliances, designer cabinetry, and stone countertops, along with beautiful flooring, recessed lighting, and energy-efficient systems. Location is key, and this property delivers just two miles from USC, making it a prime choice for off-campus housing, and less than four miles to Downtown LA for working professionals. Outdoor enthusiasts will love being minutes from Banc of California Stadium, Exposition Park, and Julian C. Dixon Park, while everyday convenience is met with nearby shopping, dining, and retail along Figueroa Street. As a non rent-controlled, fully vacant, brand-new construction asset in a rapidly gentrifying market, this turnkey investment opportunity has strong rental income potential. Whether catering to students professionals, or families, this property is primed to deliver exceptional long-term value. Don t miss your chance to own a premier multifamily property in one of Los Angeles fastest-growing neighborhoods!
This home located at 532 W Vernon AVE is currently active and has been available on pardeeproperties.com for 5 days. This property is listed at $2,850,000. It has 8 beds and 8 bathrooms. The property was built in 2022. 532 W Vernon AVE is in the Metropolitan community of Los Angeles County.
Quick Facts
- 5 days on market
- Built in 2022
- Total parking spaces 4Car
- Driveway, Garage, Uncovered
- Apartment
- Community | Metropolitan
- MLS# | SR25180573MR
Features
- Central Cooling
- Wall Heat
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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