Property Details
About this Property
Newly Built 5-Unit Apartment Building in South Los Angeles – Investor Ready! Immediate value-add opportunity with rents positioned below market, allowing income growth from day one of ownership, raising the Cap rate above 7%.. This stunning newer construction 5-unit multifamily property completed in 2023, offering a rare combination of modern design, premium finishes, and central location. Perfectly positioned in a vibrant South Los Angeles neighborhood, this property sits just west of S. Figueroa Street and south of W. Vernon Avenue, placing residents minutes from Downtown LA, USC, Exposition Park, and major commuter routes. Spread across three beautiful buildings, the property boasts an exceptional unit mix: One (1) spacious 1-bedroom, 1.5-bath ADU with off street parking spot and washer/dryer included; Two (2) large 3-bedroom, 3-bath townhouse-style units; Two (2) expansive 4-bedroom, 4-bath townhouse-style units The four front units span three stories each, while the rear ADU offers a comfortable two-story layout—each with thoughtfully designed open floor plans, abundant natural light, and modern amenities. Inside, you’ll find high ceilings, contemporary kitchens with stainless steel appliances, designer cabinetry, and stone countertops, along with beautiful flooring, recesse
MLS Listing Information
MLS #
CRSR25192789
MLS Source
California Regional MLS
Days on Site
22
Interior Features
Appliances
Microwave, Other, Oven - Gas, Oven Range - Gas, Dryer, Washer
Flooring
Laminate
Cooling
Central Forced Air
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage, Other, Garage: 8 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
532 W Vernon Ave is a Residential Income in Los Angeles, CA 90037. This – square foot property sits on a 7,248 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,850,000 and was built in 2023. This address can also be written as 532 W Vernon Ave, Los Angeles, CA 90037.
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This listing information is up-to-date as of August 27, 2025. For the most current information, please contact Eric Delgado, (310) 909-3464
