Stacey Alysson Melman

1247 E Vernon AV Los Angeles CA 90011 MLS #26671943

1247 E Vernon AV
Los Angeles, CA, 90011
$875,000
8 Beds
4 Baths
2,850 SqFt
0.12 Acres
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MLS #26671943 image #0
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
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

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