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.
AGENT: Shahram Shamounpour LISTING BROKERAGE: Keller Williams Beverly Hills
Courtesy of Keller Williams Beverly Hills. 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. 522 W Vernon AV
Los Angeles, CA
Property Details
Price:
$1,600,000
MLS #:
25607053
Status:
Active
Beds:
9
Baths:
5
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Dec 15, 2025
Finished Sq Ft:
3,346
Total Sq Ft:
3,346
Lot Size:
7,248 sqft / 0.17 acres (approx)
Year Built:
1904
Community GatedC42 – Downtown L.a.C42downtownlaCity Lights
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Schools
Interior
Flooring
LAM
Heating
WL
Laundry Features
NO
Levels
U
Exterior
Common Walls
NCW
Parking Spots
4
Parking Total
4
Security Features
GC
Spa Features
NO
View
CI
Financial
Gross Operating Income
$150,000
Net Operating Income
$128,300
Map
Community
- Address522 W Vernon AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
