1247 E Vernon Ave, Los Angeles, CA 90011
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1247 E Vernon Ave Los Angeles, CA 90011

$1,000,000
  • 8 Beds
  • 4 Baths
  • 2,541 Sq.Ft.
For Sale
$1,000,000 Get Pre-Qualified

Map preview of 1247 E Vernon Ave, Los Angeles, CA 90011

Property Overview: 1247 E Vernon Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,541 living square feet and 5,112 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great investment opportunity! Ample parking in the rear. Desirable bedroom/bathroom count. Central location and very close to freeways and transportation.

Listed by Hilda Valenzuela | BRE #01953784 | Century Commercial RE Services
Co-listed by Johnny Martinez | BRE #01348305 | Century Commercial RE Services
Last checked: 1 minute ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 46
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,112
HOA Dues
$0/mo
Year built
2007
Garage
--
Property Type:
Duplex
Status
Active
MLS#
TR24055064
City
Los Angeles
County
Los Angeles
Time on Site
58 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,908
  • Total Rent: $2,908
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,842
  • Total Rent: $2,842
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 1247 E Vernon Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 5115035027
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: E. Vernon Ave./ Hooper Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 1247 E Vernon Ave

Last sold on September 29th, 2020
  • March, 2024

  • Mar 19, 2024

    Date

    Active

    CRMLS: TR24055064

    $1,000,000

    Price

  • September, 2020

  • Sep 29, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2020

  • Sep 29, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1247 E Vernon Ave

Assessed Value (2020): $515,552
Year Land Value Improved Value Assessed Value
2020 $237,077 $278,475 $515,552

Home Value Compared to the Market

This property vs the competition

1247 E Vernon Ave is listed 19.94% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $393.55 per/sqft which puts the price per square foot 49.15% lower than the median price per square foot for the city of Los Angeles.

About 1247 E Vernon Ave

Detailed summary of property

1247 E Vernon Ave is a duplex located in Los Angeles, CA 90011 and is currently for sale. This duplex offers 8 bedrooms, 4 bathrooms, roughly 2,541 living square feet, and sits on an approximately 5,112 square foot lot. 1247 E Vernon Ave was first listed on ArdentRealEstateGroup.com on March 20, 2024. The homeowner is currently asking $1,000,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 19.94% lower than the median priced home. Local competing homes currently for sale include 2928 Compton Ave, 1623 E 33rd St and 4355 S Avalon Blvd. While the average home in Los Angeles, CA is selling in 94 days, 1247 E Vernon Ave has a days on market of 46 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1247 E Vernon Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1247 E Vernon Ave

Public county record property details
Beds
8
Baths
4
Year built
2007
Sq. Ft.
2,850
Lot Size
5,111
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5115-035-027

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.