Listing provided courtesy of Shahram Shamounpour of Keller Williams Beverly Hills. Last updated 2026-01-01 09:10:19.000000. Listing information © 2025 CRMLS.

Asking Price: $1,600,000

522 Vernon, Los Angeles CA 90037

Community: ​C42 - Downtown L.A.

Status: Active


This property was built in 1904 and is priced at $1,600,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 402131576
  • Type:
  • Year Built: 1904
Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. 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 owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. 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 seeking a multi-purpose asset in a growing area.

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