1551 W Vernon Ave, Los Angeles, CA 90062
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1551 W Vernon Ave Los Angeles, CA 90062

$810,000 Sold Price as of 12/21/2022
  • 4 Beds
  • 2 Baths
  • 1,624 Sq.Ft.
Sold
$810,000 Sold Price as of 12/21/2022 Refinance Your Mortgage

Map preview of 1551 W Vernon Ave, Los Angeles, CA 90062

Property Overview: 1551 W Vernon Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,624 living square feet and 4,628 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Immediate Occupancy Ready!! No evicting tenants or subject to interior inspection!!! This Duplex has been freshly renovated and wont last!!!! Amazing location! Vermont Square, Seven minutes away from USC, L.A Coliseum and 110 Freeway!! Both units are almost identical, they have beautiful laminated floors all throughout, recess lights, ceiling fans AND appliances "fridge and stoves" Bedroom number one has a walking closet and side door for a private own entrance!! Alley access with a two car detached garage + two extra parking on each side of the garage!!!! Each unit has its own meter!! Best Duplex for sale in the area!!! Please enjoy the 3D Videos and floor plans! Live in one rent the other one! Rent both!! Airbnb it!!! Many options you name it!!! Work that was completed by sellers: stucco, partial framing inside, new drywall, new insulation, new rewiring, new plumbing, new toilets, bathroom doors, new inside painting, flooring, recess lights, new kitchen cabinets, sinks, garbage disposals, garage had wood and was replaced by stucco.

Listed by Sandra Balentan | BRE #01729779 | COLDWELL BANKER LEADERS
Last checked: 3 minutes ago | Last updated: December 21st, 2022 | Source CRMLS | DOM: 74

Home details

Lot Sq. Ft
4,628
HOA Dues
$0/mo
Year built
1919
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
CV22196079
City
Los Angeles
County
Los Angeles
Time on Site
743 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,650
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

Virtual Tour

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Property Details for 1551 W Vernon Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Recessed Lighting
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Block, Chain Link, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5021021005
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: 110 S exit MLK Jr. make a right, left on Normandie, right on Vernon Between Denker and Normandie
  • Road Frontage Type: Alley
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1551 W Vernon Ave

Last sold for $810,000 on December 21st, 2022
  • December, 2022

  • Dec 21, 2022

    Date

    Sold

    CRMLS: CV22196079

    $810,000

    Price

  • Sep 7, 2022

    Date

    Active

    CRMLS: CV22196079

    $939,000

    Price

  • September, 2022

  • Sep 2, 2022

    Date

    Expired

    CRMLS: 22144427

    $939,000

    Price

  • Apr 7, 2022

    Date

    Active

    CRMLS: 22144427

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    Come own a piece of history in one of the world's most influential cities, this is a multi-family Proerty located in Vermont Square that was completely renovated and the final product is amzing. Great opportunity for investors or an end user, property located in a high demand rental area so don't miss the chance to become the owner.This property contains 2 separate units, All are 2 bedrooms 1 bathroom, with separate meters, fully upgraded appliances, fixtures throughout, laundry hook ups in unit close proximity to USC and much more. The property offers 4 parking spaces, with two of them being a two car garage. Gated front yard, with sprinklers. Property is delivered vacant and is being sold as is.

  • August, 2021

  • Aug 16, 2021

    Date

    Sold

    CRMLS: 21735798

    $725,000

    Price

  • Jun 27, 2021

    Date

    Pending

    CRMLS: 21735798

    $725,000

    Price

  • Jun 7, 2021

    Date

    Active

    CRMLS: 21735798

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity in Vermont Square, rare VACANT Duplex with many upgrades. Great for an investor or any buyers looking to live and have passive income. Being in the Heart of the city you have many amazing attractions just minutes away. Each unit is nestled behind a beautiful gate giving you privacy to enjoy the yard. Both units come with their own parking, laundry in unit, hardwood floors and more upgrades. The units feature 1 bed 1baths of over 800 sq ft of living space with lots of natural light. Bonus is there is a detached garage that could be tuned into an ADU, buyers to check with city. MUST SEE!!

  • May, 2021

  • May 4, 2021

    Date

    Expired

    CRMLS: 20663768

    $699,000

    Price

  • Mar 16, 2021

    Date

    Withdrawn

    CRMLS: 20663768

    $699,000

    Price

  • Dec 7, 2020

    Date

    Active

    CRMLS: 20663768

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    Charming updated duplex in Vermont Square, this beautiful Duplex is minutes away from Downtown Los Angeles, Natural History Museum, Science Center, Staples Center, the Metro Expo Line and many more wonderful Los Angeles attractions. Each unit is nestled behind a beautiful gate giving you privacy to enjoy the yard. This is a great investment property with many upgrades, Tankless water heater, New front door, new lighting, new bathroom fixtures, refinished existing bath/shower, new kitchen benchtops, interior paint throughout, new flooring in kitchen, new flooring in sunroom and laundry, new wall paneling in Bathroom. Painting throughout. New appliances. The units feature 1 bed 1baths of over 800 sq ft of living space laundry in uint your own parking space and lots of natural light. Bonus is there is a detached garage that could be tuned into an ADU, buyers to check with city.

  • July, 2020

  • Jul 7, 2020

    Date

    Leased

    CRMLS: 20573956

    $2,000

    Price

  • Apr 28, 2020

    Date

    Active

    CRMLS: 20573956

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Minutes away from Downtown Los Angeles, USC, Natural History Museum, Staples Center and the Metro Expo Line (806), this charming craftsman duplex single family home has a huge living room area with a cute patio overlooking a cute garden. 1551 W Vernon Avenue is a 1 bed 1 bath unit with 2 car parking spot (tandem) in the alley. Laundry room has hookups for your own washer and dryer. 1553 W Vernon is currently tenant occupied. Buyer to verify square footage.

  • May, 2019

  • May 4, 2019

    Date

    Expired

    CRMLS: 19418810

    $2,000

    Price

  • Jan 29, 2019

    Date

    Withdrawn

    CRMLS: 19418810

    $2,000

    Price

  • Jan 23, 2019

    Date

    Price Change

    CRMLS: 19418810

    $2,000

    Price

  • Jan 23, 2019

    Date

    Price Change

    CRMLS: 19418810

    $1,900

    Price

  • Jan 3, 2019

    Date

    Active

    CRMLS: 19418810

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Charming updated duplex in Leimert park adjacent with its own Laundry, outdoor parking and roughly 1000 square feet of living space. Hard wood floors, a lot of natural light and an enclosed porch. One Bedroom, one bathroom. WITH A PARKING SPACE, ITS ALSO EASY TO PARK ON THE STREET.The property is 10 minutes away from downtown, It's super centrally located!!

  • March, 2019

  • Mar 10, 2019

    Date

    Leased

    CRMLS: 19428806

    $1,900

    Price

  • Feb 12, 2019

    Date

    Price Change

    CRMLS: 19428806

    $1,900

    Price

  • Feb 8, 2019

    Date

    Price Change

    CRMLS: 19428806

    $2,000

    Price

  • Jan 29, 2019

    Date

    Active

    CRMLS: 19428806

    $1,900

    Price

  • Listing provided courtesy of CRMLS

    Charming updated duplex in Leimert park adjacent with its own Laundry, outdoor parking and roughly 1000 square feet of living space. Hard wood floors, a lot of natural light and an enclosed porch. One Bedroom, one bathroom. WITH A PARKING SPACE, ITS ALSO EASY TO PARK ON THE STREET.The property is 10 minutes away from downtown, It's super centrally located!!

  • December, 2018

  • Dec 26, 2018

    Date

    Leased

    CRMLS: 18410354

    $2,000

    Price

  • Nov 26, 2018

    Date

    Active

    CRMLS: 18410354

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Charming updated duplex in Leimert park adjacent with its own Laundry, outdoor parking and roughly 1000 square feet of living space. Hard wood floors, a lot of natural light and an enclosed porch. One Bedroom, one bathroom.

  • October, 2018

  • Oct 3, 2018

    Date

    Leased

    CRMLS: 18371242

    $1,900

    Price

  • Sep 21, 2018

    Date

    Pending

    CRMLS: 18371242

    $1,800

    Price

  • Sep 14, 2018

    Date

    Active

    CRMLS: 18371242

    $1,800

    Price

  • Sep 8, 2018

    Date

    Pending

    CRMLS: 18371242

    $1,800

    Price

  • Sep 7, 2018

    Date

    Active

    CRMLS: 18371242

    $1,800

    Price

  • Aug 26, 2018

    Date

    Pending

    CRMLS: 18371242

    $1,800

    Price

  • Aug 1, 2018

    Date

    Active

    CRMLS: 18371242

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    This well priced duplex is located in South Los Angeles just minutes away from the Staple Center, downtown Los Angeles, and the Metro Expo Line. The unit has over 800 square feet of living space, 1 bedroom, 1 bathroom, private laundry and 1 parking space.

  • July, 2018

  • Jul 27, 2018

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

  • July, 2018

  • Jul 22, 2018

    Date

    Sold

    CRMLS: SR18123245

    $480,000

    Price

  • Jun 27, 2018

    Date

    Active Under Contract

    CRMLS: SR18123245

    $499,900

    Price

  • May 25, 2018

    Date

    Active

    CRMLS: SR18123245

    $499,900

    Price

  • Listing provided courtesy of CRMLS

    Underwrite your mortgage by living in one unit and renting the other This value priced duplex with two separate addresses is located in South Los Angeles just minutes away from the Staple Center, downtown Los Angeles, and the Metro Expo Line (806) 1551 1 bed, 1 bath, Huge living room with Laundry room Is Vacant, 1553 currently tenant occupied. It has a high Walk ScoreĀ® of 70 making the area very walkable and most errands can be accomplished on foot Each unit has over 800 square feet of living space, 1 bedroom, 1 bathroom, private laundry, and its own electric meter The property has 2 parking spaces and a 1 car garage Call now for all the details.

  • April, 2014

  • Apr 30, 2014

    Date

    Sold (Public Records)

    Public Records

    $320,000

    Price

Show More

Tax History for 1551 W Vernon Ave

Assessed Value (2020): $489,600
Year Land Value Improved Value Assessed Value
2020 $346,800 $142,800 $489,600

Home Value Compared to the Market

This property vs the competition

1551 W Vernon Ave sold on December 21, 2022 for 24.12% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $523.34 per/sqft which puts the price per square foot 27.72% lower than the current median sale per square foot for the city of Los Angeles.

About 1551 W Vernon Ave

Detailed summary of property

1551 W Vernon Ave is a duplex that recently sold in Los Angeles, CA 90062. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,624 living square feet, and sits on an approximately 4,628 square foot lot. 1551 W Vernon Ave was first listed on ArdentRealEstateGroup.com on September 7, 2022. The homeowner sold the property for $810,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.12% lower than the current median priced home. Local homes that are currently for sale include 5300 Ruthelen St, 5300 Ruthelen St and 5419 S St Andrews Pl. While the average home in Los Angeles, CA is selling in 106 days, 1551 W Vernon Ave has a days on market of 74 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1551 W Vernon Ave Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1551 W Vernon Ave

Public county record property details
Beds
2
Baths
2
Year built
1919
Sq. Ft.
1,624
Lot Size
4,628
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5021-021-005

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
42
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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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.