1945 W Vernon 1945 W Vernon Ave | 6.31% In-Place Cap | 7.79% Pro Forma | Owner-User Optional Well-maintained 4-unit investment property delivering a 6.31% current cap rate with clear upside to 7.79% pro forma in a high-demand South Los Angeles corridor. The property consists of three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath. One 1/1 unit is currently vacant — offering immediate flexibility for an owner-occupant or lease-up at market rent. Key highlights: • 6.3`% in-place CAP | 7.79% pro forma CAP • One upgraded vacant unit ready for immediate occupancy or lease • Separate electric and gas meters • Two two-car garages generating additional rental income • Opportunity to install coin-op laundry for further NOI growth • 5, 500 SF lot • Proven income-producing asset • Maintained and turnkey condition Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside — offering both strong current yield and operational growth potential in one of Los Angeles’ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.Portfolio Opportunity: San Pedro + Vernon Opportunity to acquire a small portfolio of well-located multifamily assets with strong in-place cash flow and clear upside. Properties can be purchased individually or together for immediate scale. The owner is actively repositioning their portfolio and is prepared to transact in the near term. Flexible and open to creative deal structuring to facilitate a strong transaction. 629–633 San Pedro (5 Units) 6.56% current cap | 7.82% potential Five 1-bedroom units with one unit available for owner-user or lease-up 424 W 108 Los Angeles (4 Units) 6.317.79 % current cap | 10.16% potential Four 3-bedroom 1 bath and 1 5 bedrooms 2 bath units. One renovated 2/1 is ready for the owner to live in it and rent the others Combined, these assets offer diversified income streams across two strong rental submarkets, with multiple paths to increase NOI through rent growth and operational improvements. Seller will prioritize well-structured offers and is open to considering terms that can enhance overall deal economics. Contact for financials, OM, and details on acquiring one or both assets.