Cap Rate
8.19%
GRM
7.93
Tot. SF
8,128
2417 W Vernon Ave, Los Angeles, CA, 90008
2417 W Vernon Ave
$2,600,000
Key Information
Lot Size
0.29 Acres
$ per unit
$185,714
Units
14
Year Built
1940 / 2024 (r)
Type
Apartments
NOI
$212,939
Highlights
- Recently renovated 14-unit asset in the highly desirable Leimert Park neighborhood
- Comprehensively renovated with permitted ADU additions & stabilized income stream
- Unit mix: (12) 1-bed/1-bath, (1) 2-bed/2-bath ADU, (1) 3-bed/3-bath ADU
- Premier workforce housing corridor anchored by Downtown LA, USC, and Expo Park
- ±3.7 miles to USC | ±0.7 miles to Leimert Park Station (K Line) | ±4.5 miles to Culver City
Photos
Location
Agents
N
Nabil AwadaLicense # 02046840 (CA)
Broker of Record
David Harrington
License # 01320460, 02168060 (CA)Matthews Real Estate Investment Services, Inc2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245