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.
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.