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$800,000
Listing Price4beds
4baths
2,400sqft
5,941sqft lot
164 W Vernon Ave, Los Angeles, CA 90037
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Exclusive Investment Opportunity in Prime Los Angeles Location - 164 W Vernon Ave. Embrace the potential of this classic 4-unit residential property, offering a unique blend of charm and investment savvy. Nestled in the heart of Los Angeles, this property presents a rare opportunity for owner-occupants looking to delve into the art of house hacking or for astute investors aiming to maximize their portfolio with significant value-add prospects. Featuring two inviting structures, each with its own character - the front building houses Units #164 & #166, showcasing spacious 2-bedroom, 1-bath layouts brimming with natural light. The rear building introduces Units #164 1/2 & #166 1/2, comprising two efficiently designed studio units, one of which will be delivered vacant, ready for immediate occupation. The tenants are on month-to-month agreements. Additionally, the property may qualify for Fannie Mae's 5% down payment scheme for owner-occupants, subject to lender approval - an enticing incentive that amplifies investment appeal. Just minutes away from the University of Southern California (USC), Downtown LA (DTLA), and a host of iconic attractions including the Crypto Arena, Exposition Park, the upcoming Lucas Museum, the vibrant Art's District, LA Live, and the Banc of California Stadium, the location is nothing short of exceptional. Do not disturb tenants or walk the property.
Interior Details
2400
4
4
Has Heating:
No
Heating Type:
None
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
No
Fireplace Type:
N/A
Property Details
5941
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$6,376
$244,077
$265,302
--%
$509,379
2019
$6,376
$239,292
$260,100
--%
$499,392
2018
$6,265
$234,600
$255,000
--%
$489,600
2017
$6,132
$230,000
$250,000
--%
$480,000
2016
$4,061
$147,211
$162,440
--%
$309,651
2014
$3,216
$115,522
$115,522
--%
$231,044
2013
$3,216
$115,000
$115,000
--%
$230,000
2012
$2,907
$119,963
$83,972
--%
$203,935
Average Home Price in 90037
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Details for 164 W VERNON AVE
Property Debt
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Current Owner
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Guides for Vernon Ave
The Los Angeles real estate market saw fluctuating values and sold prices per square foot in 2023, with a citywide peak in September at $1,200,000 and $706 respectively.