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

$715,000
  • 5 Beds
  • 2 Baths
  • 1,796 Sq.Ft.
For Sale
$715,000 Get Pre-Qualified

Map preview of 735 E Vernon Ave, Los Angeles, CA 90011

Property Overview: 735 E Vernon Ave Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,796 living square feet and 4,695 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 opportunity for investors come and see!! 3 units in good conditions; Two front units are 2 bedrooms and 1 bath, and on the back there is one single unit with 1 bedroom and 1 bath. One car garage per unit. Property is "sold as is conditions" and tenant occupied.

Listed by Jose Palencia | BRE #01116753 | Popular Funding & Real Estate
Last checked: 56 seconds ago | Last updated: April 3rd, 2024 | Source CRMLS | DOM: 23
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
4,695
HOA Dues
$0/mo
Year built
1947
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
DW24065140
City
Los Angeles
County
Los Angeles
Time on Site
30 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,132
  • Total Rent: $1,132
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,291
  • Total Rent: $1,291
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $927
  • Total Rent: $927
  • Pro Forma/Market Rent: $1,600
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 735 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 Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 5115012017
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Avalon /Mckinley
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 735 E Vernon Ave

Last sold on January 7th, 2019
  • April, 2024

  • Apr 2, 2024

    Date

    Active

    CRMLS: DW24065140

    $715,000

    Price

  • January, 2019

  • Jan 7, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2012

  • Apr 11, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 735 E Vernon Ave

Assessed Value (2020): $464,100
Year Land Value Improved Value Assessed Value
2020 $244,800 $219,300 $464,100

Home Value Compared to the Market

This property vs the competition

735 E Vernon Ave is listed 41.63% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $398.11 per/sqft which puts the price per square foot 48.56% lower than the median price per square foot for the city of Los Angeles.

About 735 E Vernon Ave

Detailed summary of property

735 E Vernon Ave is a triplex located in Los Angeles, CA 90011 and is currently for sale. This triplex offers 5 bedrooms, 2 bathrooms, roughly 1,796 living square feet, and sits on an approximately 4,695 square foot lot. 735 E Vernon Ave was first listed on ArdentRealEstateGroup.com on April 2, 2024. The homeowner is currently asking $715,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 41.63% lower than the median priced home. Local competing homes currently for sale include 935 E 32nd St, 851 E 32nd St and 3215 Boaz St. While the average home in Los Angeles, CA is selling in 96 days, 735 E Vernon Ave has a days on market of 23 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 735 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 735 E Vernon Ave

Public county record property details
Beds
3
Baths
3
Year built
1947
Sq. Ft.
1,796
Lot Size
4,693
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
47
APN
5115-012-017

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
$620,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
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.