Price Reduced by $25,000! Don’t miss this opportunity the seller has just lowered the price by $25,000 for a faster sale. With a strong 7.5% cap rate, this property delivers impressive cash flow from day one.Featuring two separate units, it’s perfect for rental income or multi-generational living. Located close to schools, shopping, and major freeways, this property offers both convenience and long-term appreciation potential. Act now before it’s gone!
AGENT: Jongmin Park LISTING BROKERAGE: Dream Realty & Investments Inc
Courtesy of Dream Realty & Investments Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1247 E Vernon AV
Los Angeles, CA
Property Details
Price:
$875,000
MLS #:
26671943
Status:
Active
Beds:
8
Baths:
4
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Mar 31, 2026
Finished Sq Ft:
2,850
Total Sq Ft:
2,850
Lot Size:
5,112 sqft / 0.12 acres (approx)
Year Built:
2007
C42 – Downtown L.a.C42downtownla
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Schools
Interior
Appliances
GD
Cooling
NO
Heating
WL
Levels
U
Exterior
Common Walls
_1CW
Parking Spots
6
Parking Total
6
Financial
Gross Operating Income
$77,064
Net Operating Income
$65,158
Map
Community
- Address1247 E Vernon AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
