348 W Vernon Ave , Los Angeles, CA 90037
$775,000
Est. Payment: $3,899.68/mo
3 Bed
4 Bath
0 Sqft
Status: active | Days on site: 93
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Prime mixed-use investment opportunity located at 348 W Vernon Ave, Los Angeles. 4 UNITS, 3 RESIDENTIAL AND 1 STOREFRONT ** This versatile property features a street-level commercial storefront currently used as a retail space, plus three residential units, offering multiple income streams in a high-demand urban corridor. The commercial unit benefits from strong street exposure along Vernon Avenue, with a wide storefront window, security gate, and flexible interior layout ideal for retail, office, or service-oriented uses. Excellent visibility and signage potential enhance business appeal. The residential component consists of three separate units, including a combination of single-story and upper-level unit with private entrances. Units feature functional floor plans, natural light, and practical layouts suitable for long-term tenants. A shared courtyard and on-site access provide convenience and separation from the commercial space. The property sits on a fully improved lot with alley access, 3 individual meters, and a layout conducive to efficient management. Aerial views highlight proximity to major thoroughfares, public transportation, and nearby freeways, offering easy access to Downtown Los Angeles and surrounding neighborhoods. Located in a strong rental market with consistent demand for both residential and commercial space, this asset presents an excellent opportunity for investors, owner-users, or those seeking to reposition a mixed-use property for increased cash flow. Zoned for mixed use. Buyer to verify all zoning, unit count, and permitted uses with the City

Highlights

Listed by Anabella Jimenez , 323-304-5760 CENTURY 21 REALTY MASTERS , 323-722-7300. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.11

County

Los Angeles

Listing ID

MB26097943

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:4
  • Full Bathrooms:

Exterior Features

Zoning:Assessor
Principal Interest
$3,900
Taxes
$494

Home Price

$775,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$155,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,899.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,899.68 $494.06 $0.00 $4,393.74
Yearly $46,796.13 $5,928.75 $0.00 $52,724.88
Total $1,403,883.89 $177,862.50 $0.00 $1,581,746.39

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-08T16:19:36.000Z

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