Price Reduced by $25,000! Don't miss this opportunity the seller has just lowered the price by $25,000 for a faster sale. With a strong 7.5% cap rate, this property delivers impressive cash flow from day one.Featuring two separate units, it's perfect for rental income or multi-generational living. Located close to schools, shopping, and major freeways, this property offers both convenience and long-term appreciation potential. Act now before it's gone!
Listed by Jongmin Park
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License #02126533
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Dream Realty & Investments Inc
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858-429-8850
Last updated April 08, 2026
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Source: CRMLS #26671943
Listing Facts
TypeMulti-family
NeighborhoodCentral Alameda
Bedrooms8
Days on Prevu31
Size2,850 sqft
Price per sqft$307
Amenities
Parking
Location
Mortgage Calculator
Listing History
03/31/2026
Listed by Dream Realty & Investments Inc
$875,000
Property Details for 1247 E Vernon Avenue
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Stories: 2
Year Built: 2007
Common Walls: 1 Common Wall
Measurements
Building Area Total: 2,850
Lot Size Acres: 0.11
Lot Size Area: 5,112
Lot Size Square Feet: 5,112
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $81,120.00
Taxes
Parcel Number: 5115035027
Interior
Features
Appliances: Disposal
Measurements
Living Area: 2,850
Rooms
Bathrooms Total Integer: 4
Bedrooms Total: 8
Parking
Parking
Parking Features: Gated
Parking Total: 6
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 8 bedrooms in this multi-family home at 1247 E Vernon Avenue.
Does this multi-family home have parking?
Yes, there are 6 parking spaces available for 1247 E Vernon Avenue.
How does 1247 E Vernon Avenue compare to other multi-family homes in Central Alameda?
This multi-family home is listed 2% above the average price for multi-family homes in Central Alameda and has been on the market for 91 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,850 sqft.
1247 E Vernon Avenue is a 8-bedroom multi-family home for sale in Los Angeles CA 90011. Available on Prevu for 31 days at $875,000. This residence features 2,850 square feet of living space, located in Central Alameda. The median listing price for multi-family homes in this area is $750,000. Additional amenities include parking. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.