#SR25070265, Angela Dominguez, Listing office: Rodeo Realty

458 W Vernon Ave Los Angeles, CA 90037
Property details
About 458 W Vernon Ave
Fully renovated 4-unit income property with approved ADU plans near USC and Exposition Park! Rare corner location adjacent to freeway access. All four units have been recently renovated and are occupied with new tenants, making this a turnkey investment opportunity. Zoned LAC2, the property includes approved plans for two additional 3-bedroom, 2-bath ADUs—offering significant upside potential through expansion. There is also an opportunity with the C2 zoning to explore redevelopment. Whether you're a hands-off investor seeking steady income or an active investor looking to add value, this asset checks all the boxes. Located on a high-visibility corner at Vernon and Figueroa with strong foot traffic, immediate freeway access, and excellent transit options. Just steps from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown LA, this property sits in one of the city's fastest-growing neighborhoods. Don’t miss this rare opportunity to invest in both current cash flow and future growth.
Highlights
Summary
- Appliances: Water Heater
- Flooring Type: Laminate
- Interior: Balcony
- Private Pool: No
- Parking: Driveway
- Heating: Wall Furnace
- List Price: $1,200,000
- HOA Amount: $0
- Annual Tax Amount: $6,670
- Tax Year: 2024
- Directions: From I-110, exit Vernon Ave, head east, property is at Vernon and Figueroa corner
- Year Built: 1911
- Stories: 2
- Lot Size: 0.115 Acres
- MLS Number: AR25141126
- MLS Name: CRMLS
- Office Name: McIntire Real Estate Inc.
- Office Phone: (818) 618-7990
- Listing Agent: Joshua McIntire
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: 7/22/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 11, 2024 | Home Sold | $1,077,000 |
Nov 03, 2022 | Home Sold | $500,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $510,000 | $6,670 |
2023 | $500,000 | $6,552 |
2022 | $128,341 | $2,048 |
2021 | $125,825 | $2,000 |
2020 | $124,536 | $1,951 |
2019 | $122,095 | $1,891 |
2018 | $119,702 | $1,859 |
2017 | $117,356 | $1,859 |
History based on county public records data.
Nearby schools
5
West Vernon Avenue Elementary
Public District KG-5
0.1 mi
•4312 S Grand Ave
6
Global Education Academy
Public Charter KG-6
0.3 mi
•4141 S Figueroa St
3
Marguerite Poindexter LaMotte Elementary School
Public District KG-5
0.4 mi
•4410 Orchard Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,696. Residents of Los Angeles, CA typically earn less than $<35k each year. Residents typically live in single, with kids family. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
Frequently asked questions
About 458 W Vernon Ave
The listing price of 458 W Vernon Ave property is $1,200,000.
The property 458 W Vernon Ave is a multi located in Los Angeles, California, 90037.
Active Listing: 458 W Vernon Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 458 W Vernon Ave are: West Vernon Avenue Elementary (GreatSchools Rating 5/10), Global Education Academy (GreatSchools Rating 6/10), Marguerite Poindexter LaMotte Elementary School (GreatSchools Rating 3/10), Isana Himalia Academy (GreatSchools Rating 4/10), Alliance College-Ready Middle Academy 12 (GreatSchools Rating 4/10), Accelerated (GreatSchools Rating 6/10), Alliance Patti and Peter Neuwirth Leadership Academy (GreatSchools Rating 8/10), Manual Arts High School (GreatSchools Rating 3/10), Wallis Annenberg High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $6,670 (source: MLS/based on county public records data).
The last sale was on January 11, 2024 for $1,077,000 (source: MLS/tax record).
The year of construction for 458 W Vernon Ave is 1911.
This home is located at 458 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 June 24, 2025 and is currently priced at $1,200,000.
Los Angeles, CA housing market in June 2025 saw over 282 listings sold above listed price, more than 108 sold at listed price and over 339 sold below. The inventory of homes for sale in Los Angeles, CA between May and June 2025 increased by 9%. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $876,067.