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$750,000

1361 W Vernon Ave Los Angeles, CA 90037

0.1 acres
Multi-Family

Property details

About 1361 W Vernon Ave

Updated Financials! 1361 Vernon is a fantastic owner/user or investment opportunity featuring three bungalow style units, consisting of (2) 1-Bed/1-Bath and (1) 2-Bed/1-Bath units. Recent Capital improvements include newly replaced roofs, all-copper plumbing and is separately metered for gas and electricity, ensuring lower operating expenses. This investment opportunity is ideal for any investor with potential ADU opportunities via SB 1211 and 52% rental upside in existing tenants. With one 1-Bed/1-Bath unit delivered vacant by COE, this is ideal for an owner/user as well. Located minutes from USC, BMO Stadium and LA Natural History Museum, 1361 W Vernon is in a rapidly growing submarket of Los Angeles.

Highlights

Home typeTriplex
StatusActive
Lot size0.1498 Acres
Year built1923
MLS #SB25065803

Summary

  • Private Pool: No
  • List Price: $750,000
  • Annual Tax Amount: $4,717
  • Tax Year: 2024
  • Directions: on Vernon Ave, off Normandie Ave
  • Year Built: 1923
  • Stories: 1
  • Lot Size: 0.1498 Acres
  • MLS Number: SB25065803
  • MLS Name: CRMLS
  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 729-1559
  • Listing Agent: Aaron Jacobson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 11:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 17, 2014
Home Sold
$28,500
Oct 28, 2011
Home Sold
$225,000
Sep 13, 1996
Home Sold
$119,000
Jul 15, 1996
Home Sold
$110,000

Tax history

YearAssessmentProperty Tax
2024$365,259$4,717
2023$358,098$4,633
2022$351,078$4,429
2021$344,195$4,365
2020$340,666$4,239
2019$333,988$4,172
2018$327,440$4,086
2017$321,021$4,086

History based on county public records data.

Nearby schools

5

Normandie Avenue Elementary School

Public District PK-5

0.1 mi

4505 S Raymond Ave

3

Kipp Vida Preparatory Academy

Public Charter KG-4

0.2 mi

4410 S Budlong Ave

5

Menlo Avenue Elementary

Public District KG-5

0.6 mi

4156 Menlo Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $53,064. Typical income of Los Angeles, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

37%
<35k
46%
35k-100k
13%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
22%
Single, with Kids
12%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1361 W Vernon Ave

The listing price of 1361 W Vernon Ave property is $750,000.

The property 1361 W Vernon Ave is a multi located in Los Angeles, California, 90037.

Active Listing: 1361 W Vernon Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1361 W Vernon Ave are: Normandie Avenue Elementary School (GreatSchools Rating 5/10), Kipp Vida Preparatory Academy (GreatSchools Rating 3/10), Menlo Avenue Elementary (GreatSchools Rating 5/10), Barack Obama Global Preparation Academy (GreatSchools Rating 2/10), Kipp Scholar Academy (GreatSchools Rating 3/10), New Heights Charter (GreatSchools Rating 6/10), Manual Arts High School (GreatSchools Rating 3/10), La's Promise Charter High #1 (GreatSchools Rating 6/10), Ednovate - Usc Hybrid High College Preparatory (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $4,717 (source: MLS/based on county public records data).

The last sale was on September 17, 2014 for $28,500 (source: MLS/tax record).

The year of construction for 1361 W Vernon Ave is 1923.

This home is located at 1361 W Vernon Ave in Los Angeles, CA and zip code 90037 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $750,000.

While more than 282 listings in Los Angeles, CA in June 2025 were sold above asking price, there were more than 108 listings sold at asking price, and more than 339 were sold below. In June 2025 in Los Angeles, CA there were 9% more homes for sale than in May. While the average time on the market in June 2025 was 34 days, the median list price was $876,067.

From Rocket Homes Real Estate and based on county public records data.

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