Contemporary Fourplex! This remarkable property features two distinct buildings. The front building is two stories high and includes two units, each offering three bedrooms and two bathrooms. The back building showcases a tri-level design with side-by-side units: one containing four bedrooms and three bathrooms, while the other boasts seven bedrooms and five bathrooms. All units are designed with highly desirable floor plans in a townhome style, complete with en-suite bathrooms and master bedrooms. Expansive windows flood the interiors with natural light, and additional highlights include walk-in closets, custom window blinds, stainless steel appliances, two-tone interior paint, and energy-efficient LED lighting. Each unit also comes with its own laundry room, tankless water heaters for instant hot water, and energy-saving HVAC systems.Ample parking is available, featuring decorative pavers, an attached garage, and an automatic gate opener. The property is well-maintained, with drought resistant landscaping and includes solar panels, ensuring it is self-sustainable with minimal maintenance costs. Each unit is individually metered, and an EV charging connection is provided in the garage. This attractive property is easy to rent and is centrally located near Downtown Los Angeles, USC, and major public transportation routes. With no rent control and increasing demand for rentals in the area, this building presents a great investment opportunity.
For sale
Price cut: $100K (10/10)
$2,395,000
1348 E Vernon Ave, Los Angeles, CA 90011
17beds
12baths
5,927sqft
Est.:
Multi Family
Built in 2022
-- sqft lot
$2,343,200 Zestimate®
$404/sqft
$-- HOA
What's special
En-suite bathroomsExpansive windowsAutomatic gate openerAttached garageSolar panelsStainless steel appliancesDrought resistant landscaping
- 95 days |
- 47 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: October 10, 2025 at 04:16am
Listed by:
Joe Myers DRE # 01876220 702-339-1341,
Compass 310-230-5478
Source: CLAW,MLS#: 25590259
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 12
Rooms
- Room types: Breakfast Area, Center Hall
Bedroom
- Level: Upper
Bathroom
- Features: Shower and Tub
Heating
- Baseboard, Electric, Forced Air, Natural Gas
Cooling
- Air Conditioning
Appliances
- Included: Oven, Gas Oven, Gas Cooktop, Disposal, Dryer, Dishwasher, Central Water Heater, Electric Water Heater, Gas Water Heater, MultiTank Water Heater
- Laundry: In Unit, Electric Dryer Hookup, Gas Dryer Hookup, Gas Or Electric Dryer Hookup
Features
- Flooring: Laminate
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Bath, Decorative, Family Room, Electric, Dining Room, Kitchen, Living Room
Interior area
- Total structure area: 5,927
- Total interior livable area: 5,927 sqft
Property
Parking
- Total spaces: 8
- Parking features: Converted Garage, Driveway
- Has garage: Yes
- Covered spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 2
- Entry location: Ground Level w/steps
- Fencing: Fenced,Gate
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Size: 5,998.21 Square Feet
- Features: City Lot
Details
- Additional structures: None
- Parcel number: 5107003007
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Frame, Hard Coat
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled,New Construction
- Year built: 2022
Utilities & green energy
- Electric: 220 Volts
- Sewer: In Street
- Water: Meter on Property, Public, Water District
Community & HOA
Community
- Security: Exterior Security Lights, Fire Rated Drywall, Smoke Detector(s), Automatic Gate
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $404/sqft
- Tax assessed value: $530,603
- Annual tax amount: $25,332
- Date on market: 9/10/2025
- Tenant pays: Gas, Electricity, Water, Trash Collection, Hot Water
Estimated market value
$2,343,200
$2.23M - $2.46M
$3,040/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Price change | $2,395,000-4%$404/sqft |
Source:  CLAW #25590259 Report a problem | ||
| 8/20/2025 | Listed for sale | $2,495,000$421/sqft |
Source: CLAW #25534297 Report a problem | ||
| 7/26/2025 | Listing removed | $2,495,000$421/sqft |
Source: CLAW #25534297 Report a problem | ||
| 6/20/2025 | Listed for sale | $2,495,000$421/sqft |
Source: CLAW #25534297 Report a problem | ||
| 5/22/2025 | Listing removed | $2,495,000$421/sqft |
Source: CLAW #25534297 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,332 +274.3% | $2,054,790 +287.3% |
| 2024 | $6,768 +1.9% | $530,603 +2% |
| 2023 | $6,642 +4.7% | $520,200 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$15,185/mo
Principal & interest
$12032
Property taxes
$2315
Home insurance
$838
Climate risks
Neighborhood: Southeast Los Angeles
Nearby schools
GreatSchools rating
- 6/10Ascot Avenue Elementary SchoolGrades: K-5Distance: 0.1 mi
- 3/10George Washington Carver Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Thomas Jefferson Senior High SchoolGrades: 9-12Distance: 0.4 mi
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