5 months on rocket

1362 E Vernon Ave, Los Angeles, CA, 90011

$699,000

Home List Price

$8,301*

Closing Credit

0 Baths
Multi

Location

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1362 E Vernon Ave, Los Angeles$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway
Year Built1913
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #DW24145248
Lot Size0.11 Acres
StatusActive

About 1362 E Vernon Ave

Back on the market, at NO Fault to the seller, the Buyer & their agent could not perform. Seller is willing to Finance a portion of the loan! Welcome to 1362 E Vernon Ave, located in the HIGHLY DESIRED & EVER GROWING City of Los Angeles! This is the Perfect INVESTMENT Opportunity YOU have been searching for! This beautifully designed Triplex styled property features 1,402 total building SqFt consisting of a 3 bedroom 1 Bathroom in the first unit, a newly renovated middle unit which features 1 generous sized bedroom, 1 full restroom, a large open airy kitchen, dining and living spaces while the back unit is a nice sized studio ready for you to design how you'd like. Situated on a 4,791 SqFt, LARD 1.5 Zoned Lot with a long driveway and large back yard that can park many cars or possibly build ADU. This is the perfect "live in one, rent out the other's" investment play. Centrally located just minutes from USC, Exposition Park, Downtown Los Angeles, public transportation and all major highways. This property has a ton of potential and is the PERFECT opportunity for either a First Time Buyer or Seasoned Real Estate investor looking to expand his / her portfolio. Act Now! Don't miss this chance of a lifetime!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Traditional
  • Year Built: 1913
  • Stories: 1

Listing Office:

  • Office Name: Century 21 A Better Service
  • Office Phone: (562) 250-7151
  • Listing Agent: George Valencia

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile, Vinyl
  • Interior: Granite Counters, All Bedrooms Down
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Streets- E Vernon Ave & Hooper Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000

Tax Information:

  • Annual Amount: $4,201
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1362 E Vernon Ave vs Los Angeles

158 DAYS ON ROCKET

+120 Days

$699,000

-$322.5K Less

KEY TAKEAWAY

This property is $322.5K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24145248

Listing Office:

  • Office Name: Century 21 A Better Service
  • Office Phone: (562) 250-7151
  • Listing Agent: George Valencia

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: 12/21/2024, 10:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 15, 1990Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,201$323,016
2020$4,082$319,705
2019$3,973$313,437
2018$3,889$307,292
2017$3,889$301,268

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-800462
6
/10

  • Ascot Avenue Elementary School

  • 1447 E 45th St

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-800463
4
/10

  • Sally Ride Elementary School

  • 1041 E 46th St

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-800464
2
/10

  • Hooper Elementary School

  • 1225 E 52nd St

  • 0.51 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,827. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90011›1362 E Vernon Ave

This home is located at 1362 E Vernon Ave in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home, which was built in 1913, sits on a 0.11 acre lot. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $699,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

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

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