10 days on rocket

215 W Vernon Ave, Los Angeles, CA, 90037

$950,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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215 W Vernon Ave, Los Angeles$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage2 spaces
Year Built1948
HeatingWall Furnace
FireplaceNone
ViewCity Lights, Neighborhood
MLS #CV25001988
Lot Size0.14 Acres
StatusActive

About 215 W Vernon Ave

Great opportunity for a Landlord or Investor. This property features Four individual units plus a detached Single-Family Residence with its own yard. Property is zoned LA C2. Excellent long-term tenants. Each unit has its individual gas meter, electric meter and water meter. Very low maintenance. Property is conveniently located close to public transportation, shops and restaurants. Some of the various amenities nearby, include the California Science Center, Staples Center, Dodger Stadium, the Colosseum, Exposition Park, Grand Central Market and USC. Seller is very motivated and will consider all offers.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 2

Listing Office:

  • Office Name: Platinum Realty & Mortgage Gro
  • Office Phone: (626) 827-5664
  • Listing Agent: Nicholas Schwartz

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Neighborhood
  • Exterior: Lighting

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Back Yard, Near Public Transit, Paved, Rectangular Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: South of Martin Luther King Jr Blvd / East of 110 Harbor Fwy

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $3,941
  • 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

41

# of Sold Homes

1467

215 W Vernon Ave vs Los Angeles

10 DAYS ON ROCKET

-31 Days

$950,000

-$76.6K Less

KEY TAKEAWAY

This property is $76.6K 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: #CV25001988

Listing Office:

  • Office Name: Platinum Realty & Mortgage Gro
  • Office Phone: (626) 827-5664
  • Listing Agent: Nicholas Schwartz

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: 1/15/2025, 4:20:57 AM 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 23, 1988Home Sold
$143,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,941$247,884
2020$3,846$245,343
2019$3,737$240,533
2018$3,626$235,817
2017$3,626$231,194

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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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-2470445
5
/10

  • West Vernon Avenue Elementary

  • 4312 S Grand Ave

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-2470446
6
/10

  • Global Education Academy

  • 4141 S Figueroa St

  • 0.47 miles

  • Public Charter Grades KG-6

school-card-donut-2470447
4
/10

  • Main Street Elementary School

  • 129 E 53rd St

  • 0.67 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,570. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90037›215 W Vernon Ave

This home is located at 215 W Vernon Ave in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This home, which was built in 1948, sits on a 0.14 acre lot. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $950,000.

In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November 2024. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.

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

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