Millman Team Real Estate

$1,600,000
9 Bed
5 Bath
3,346 Sqft
0.17 Acre Lot

522 W Vernon Avenue, Los Angeles, California 90037

  • Residential Income Property Type
  • 3,346 Sqft Square Footage
  • Driveway Cars Garage
  • 1904 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
25607053
$1,600,000
City Lights
9
5
3,346 Sqft
1904
0.17 Acre
Active
Features
: None
: Wall Furnace
: Driveway
: Laminate
: None
$0
Address Map
CA
Los Angeles
Los Angeles
90037
Vernon
522
Avenue
W119° 42' 58.9''
N34° 0' 12.4''
W Vernon and S Figueroa Street
C42 - Downtown L.A.
W
LAC2
Additional Information
$0
$0
$0
$0
$0
3346
: Gated
: Two
4
2025-10-16
1800000
2
Broker/Agent Information
Keller Williams Beverly Hills
Shahram Shamounpour
Listing Information
CLW-C136690
CLW-X74054
Active
2026-06-17T22:14:08Z
CRMLS
: Standard
2025-10-16T00:00:00Z
Agent info
Ray Millman
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