5 days on Rocket
$10,000 Closing Credit¹
#MB25117542, IVANIA GONZALEZ, Listing Office: CENTURY 21 REALTY MASTERS
#DW25119012·
Listing office: Juan Carlos Martinez·
Listing agent: Juan Carlos Martinez·
Listing office phone: 562-469-0770
$1,314,999 List price
702 W Vernon Ave Los Angeles, CA 90037
$10,000
Closing credit¹
0.2 acres
House
Property details
About 702 W Vernon Ave
STRATEGICALLY LOCATED JUST A MILE FROM THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC)! Welcome to this 6 unit investment opportunity in the heart of Los Angeles! This property is an attractive option for student housing. The area boasts a high walkability score, with numerous dining, shopping, and entertainment options nearby. Public transportation is easily accessible, providing convenient connections throughout the city. The "live in one, rent the others" model offers the potential for steady rental income while maintaining a personal residence within the property. The configuration allows for flexibility in tenant arrangements, catering to a variety of rental needs. Take advantage of this unique opportunity to own a multi-unit property in a vibrant Los Angeles neighborhood. With its prime location and endless possibilities, this property is ready for you to make it your own. Schedule a showing today and explore all that it has to offer!
Highlights
Home typeSingle Family Residence
StatusActive
Lot size0.1701 Acres
Year built1924
ParkingOff Street
MLS #DW25119012
Summary
- Private Pool: No
- Parking: Off Street
- List Price: $1,314,999
- HOA Amount: $0
- Annual Tax Amount: $5,852
- Tax Year: 2024
- Directions: Heading West on W. Vernon Ave, property is on right hand side off the main street.
- Year Built: 1924
- Stories: 2
- Lot Size: 0.1701 Acres
- MLS Number: DW25119012
- MLS Name: CRMLS
- Office Name: Juan Carlos Martinez
- Office Phone: (562) 469-0770
- Listing Agent: Juan Carlos Martinez
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: 6/3/2025, 11:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,314,999
702 W Vernon Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 06, 1996 | Home Sold | $260,000 |
| Jul 15, 1992 | Home Sold | $140,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $400,844 | $5,852 |
| 2023 | $392,986 | $5,760 |
| 2022 | $385,282 | $5,536 |
| 2021 | $377,728 | $5,102 |
| 2020 | $373,856 | $4,962 |
| 2019 | $366,526 | $4,823 |
| 2018 | $359,340 | $4,729 |
| 2017 | $352,296 | $4,729 |
History based on county public records data.
Nearby schools
3
Marguerite Poindexter LaMotte Elementary School
Public District KG-5
0.1 mi
•4410 Orchard Ave
5
West Vernon Avenue Elementary
Public District KG-5
0.4 mi
•4312 S Grand Ave
5
Menlo Avenue Elementary
Public District KG-5
0.4 mi
•4156 Menlo 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 $24,706. The majority of Los Angeles, CA residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
61%
<35k
30%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
26%
Single, with Kids
10%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 702 W Vernon Ave
The listing price of 702 W Vernon Ave property is $1,314,999.
The property 702 W Vernon Ave is a house located in Los Angeles, California, 90037.
Active Listing: 702 W Vernon Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 702 W Vernon Ave are: Marguerite Poindexter LaMotte Elementary School (GreatSchools Rating 3/10), West Vernon Avenue Elementary (GreatSchools Rating 5/10), Menlo Avenue Elementary (GreatSchools Rating 5/10), Isana Himalia Academy (GreatSchools Rating 4/10), Alliance College-Ready Middle Academy 12 (GreatSchools Rating 4/10), Accelerated (GreatSchools Rating 6/10), Manual Arts High School (GreatSchools Rating 3/10), Alliance Patti and Peter Neuwirth Leadership Academy (GreatSchools Rating 8/10), Ednovate - Usc Hybrid High College Preparatory (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $5,852 (source: MLS/based on county public records data).
The last sale was on December 6, 1996 for $260,000 (source: MLS/tax record).
The property at 702 W Vernon Ave has 0 bathroom.
The year of construction for 702 W Vernon Ave is 1924.
This home is located at 702 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 May 28, 2025 and is currently priced at $1,314,999.
Los Angeles, CA housing market in May 2025 saw over 325 listings sold above listed price, more than 134 sold at listed price and over 319 sold below. In May 2025 in Los Angeles, CA there were 8.7% more homes for sale than in April. In May 2025 median list price was $871,794 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.