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Stacey Alysson Melman

522 W Vernon AV
Los Angeles, CA, 90037
$1,600,000
9 Beds
5 Baths
3,346 SqFt
0.17 Acres
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MLS #25607053 image #0
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
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:
Oct 16, 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

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