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1634 E Vernon Ave

Los Angeles CA 90011

6
3
3749 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Investor Opportunity! Well-maintained, duplex built in 2007, offering strong cash flow potential. Both units are occupied by reliable Section 8 tenants in good standing. Each unit features its own washer and dryer, and tenants are responsible for all utilities, including water. Each unit includes parking for two vehicles. The lower unit currently rents for $2,700 per month, while the upper unit generates $2,900 per month. Conveniently located just minutes from popular amenities and a variety of shopping and dining options. With tenants covering utilities, the owner's expenses are limited to property taxes, insurance, landscaping, and routine maintenancemaking this an attractive, low-management investment opportunity.

Features

6 bedrooms
3 bathrooms
3749 sq. ft. lot size
Multi-Family

Property history for 1634 E Vernon Ave

2021
Sold
$730,000
30 Mar 2021 by Johnny Cho, of Compass
2019
Sold
$570,000
29 May 2019 by CARRASCO MARTHA R, of Keller Williams North Valley

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 6 bedroom multi families in Los Angeles

In the last 12 months, 5 six-bedroom multi families similar to 1634 E Vernon Ave, have been sold.

This represents a 25% decrease in six-bedroom multi families sales when compared to the previous 12 months.

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