For sale

Price cut: $24K (11/17)

$875,000

1247 E Vernon Ave, Los Angeles, CA 90011

8beds

4baths

2,850sqft

Est.:

Multi Family

Built in 2007

-- sqft lot

$876,400 Zestimate^®

$307/sqft

$-- HOA

What's special

Price Reduced by $25,000! Don't miss this opportunity the seller has just lowered the price by $25,000 for a faster sale. With a strong 7.5% cap rate, this property delivers impressive cash flow from day one.Featuring two separate units, it's perfect for rental income or multi-generational living. Located close to schools, shopping, and major freeways, this property offers both convenience and long-term appreciation potential. Act now before it's gone!

121 days

100

2

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Wall

Cooling

None

Interior area

Total structure area: 2,850
Total interior livable area: 2,850 sqft

Property

Parking

Total spaces: 4
Parking features: None

Features

Levels: Two

Lot

Size: 5,113.94 Square Feet

Details

Additional structures: None
Parcel number: 5115035027
Zoning: LAC2
Special conditions: Standard
Other equipment: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 2007

Community & HOA

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $307/sqft
Tax assessed value: $419,512
Annual tax amount: $5,580
Date on market: 8/14/2025

Estimated market value

$876,400

$833,000 - $920,000

$3,556/mo

Price history

Date	Event	Price
11/17/2025	Listed for sale	$875,000-2.7%$307/sqft
Source: CLAW #25577351 Report a problem
11/1/2025	Contingent	$899,000$315/sqft
Source: CLAW #25577351 Report a problem
8/14/2025	Listed for sale	$899,000$315/sqft
Source: CLAW #25577351 Report a problem
7/16/2025	Listing removed	$899,000$315/sqft
Source: SDMLS #TR24055064 Report a problem
6/23/2025	Listed for sale	$899,000+33.2%$315/sqft
Source: SDMLS #TR24055064 Report a problem