USACALos Angeles458 W Vernon
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$995,000

11 hours ago

458 W Vernon, Los Angeles, CA

0 Bed

0 Bath

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MLS® AR26037826

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 0
Lot Size 0.115 acres
Approx. Age 1911
MLS® Number AR26037826

Property Address: 458 W Vernon, Los Angeles, CA, 90037

Average square foot calculated using Size range provided by listing agent.

Description

Updated quadruplex with previously approved ADU expansion plans in the high-growth USC / Exposition Park corridor. Positioned on a prominent signalized corner at Vernon and Figueroa with immediate access to the 110 Freeway, this LAC2-zoned asset offers a rare combination of current income, operational upgrades, and long-term redevelopment potential. The property has undergone significant improvements, including reglazed tubs and showers, upgraded plumbing components, gas line repairs and seismic valve work, refreshed interiors, and multiple system upgrades completed during recent unit turns, resulting in strong long term potential and reduced deferred maintenance. The property is fully occupied with two tenants, delivering immediate cash flow with upside through rental growth and ADU expansion. Previously approved plans allow for two additional 3-bedroom, 2-bath ADUs, creating a clear path to increased density and improved long-term returns. With C2 zoning flexibility, investors may also explore alternative redevelopment strategies consistent with the evolving South Figueroa corridor. Located minutes from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown Los Angeles, the property benefits from strong transit connectivity, walkability, and continued neighborhood revitalization. Separate electric and gas meters support efficient operations, while the corner lot exposure enhances long-term land value. Ideal for investors seeking a great income property today with defined upside through expansion, repositioning, or redevelopment in one of Los Angeles’ most active growth corridors.
MLS® NumberAR26037826
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.115
Exterior
GarageNo
Approx. Age1911
Basement
DrivewayOn Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 19, 2026List Date
$995,000List Price
  • Commute

Commute

Starting Address
Destination Address
458 W Vernon, Los Angeles, CA

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