Courtesy of: Shahram Shamounpour, Keller Williams Beverly Hills, Californialuxuryinvestments@gmail.com
Courtesy of: Shahram Shamounpour, Keller Williams Beverly Hills, Californialuxuryinvestments@gmail.com
$1,600,000
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9 bed
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5.00 Bath (6 Full)
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Lot: 0.17 Acres
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Other
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$1,600,000
522 W Vernon Ave 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.
Courtesy of: Shahram Shamounpour, Keller Williams Beverly Hills, Californialuxuryinvestments@gmail.com
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