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522 W Vernon AvenueLos Angeles, CA 90037

For Sale

$1,600,000

Smart Buyer Rebate $16,000

Excellent income-producing property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure currently leased to a child care center paying $7,500 per month, month-to-month, with a tenant ready to sign a long-term lease. The space is well-maintained and ideal for continued use as a preschool, daycare, or educational facility. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio. The lower level is currently used as a playground area for the daycare. The owner is in the process of constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. The residential units will be delivered VACANT. Two separate buildings on one lot. Substantial existing income with growth potential. Commercial tenant willing to sign a long-term lease. Additional ADU under construction for added value. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors or owner-users seeking a multi-purpose asset in a growing area.

Listed by Shahram Shamounpour

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License #02122389

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Keller Williams Beverly Hills

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424-313-2744

Last updated November 06, 2025

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Source: CRMLS #25607053

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont Square
  • Bedrooms9
  • Days on Prevu34
  • Size3,346 sqft
  • Price per sqft$478

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/25/2025
Status changed to Active
$1,600,000
10/24/2025
Status changed to Removed from Feed
$1,600,000
10/24/2025
Status changed to Active
$1,600,000
10/23/2025
Status changed to Removed from Feed
$1,600,000
10/23/2025
Price Decreased
$1,600,000
10/16/2025
Listed by Keller Williams Beverly Hills
$1,800,000

Property Details for 522 W Vernon Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1904
  • Common Walls: No Common Walls

Features

  • View: City Lights

Measurements

  • Building Area Total: 3,346
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,248
  • Lot Size Square Feet: 7,248
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.6
  • Gross Income: $168,000.00

Taxes

  • Parcel Number: 5018033017

Interior

Features

  • Flooring: Laminate

Measurements

  • Living Area: 3,346

Rooms

  • Bathrooms Total Integer: 5
  • Bedrooms Total: 9

Parking

Parking

  • Parking Features: Driveway
  • Parking Total: 4

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.