186 E Vernon Avenue

About This Property

Stable, fully occupied three-unit income property located close to USC and Downtown L.A. The property consists of three residential units across two separate buildings on a large 6,921-square-foot lot zoned C2-1VL with future development potential. The unit mix includes two 1-bedroom/1-bath units (one of them Section 8) and one unit 3-bedroom/1 bath, providing strong rental income. The South Los Angeles market continues to benefit from proximity to Downtown LA, USC, Exposition Park, and major transit infrastructure. Adjacent to the signalized corner of San Pedro Place and Vernon Avenue, with the future potential of a broad range of commercial uses by-right and TOC Tier 2 Designation, offering a significant density bonus potential for qualified affordable housing projects.

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

Listing courtesy of Kidder Mathews of California, Inc.

Listing data from CRMLS. Deemed reliable but not guaranteed.