Two 3-Bedroom 2-Bathroom Units | Prime Investment Opportunity in Los Angeles
An exceptional opportunity to own Two Three-bedroom residences in one of Los Angeles’ most rapidly evolving neighborhoods. Located in Metropolitan South, this property offers the perfect blend of modern construction, strong rental demand, and long-term appreciation potential—all just minutes from Downtown Los Angeles.
Each thoughtfully designed unit features a spacious and comfortable floor plan, ideal for today’s renters who value privacy, functionality, and convenience. Three-bedroom units in this area are consistently in high demand, making this a solid choice for both homeowners and first-time investors.
This means the next owner can enjoy peace of mind and significant cost savings, with the ability to focus on cash flow rather than on repairs or deferred maintenance.
Modern Features Renters Love
• Each unit includes its own private laundry room
• Two private entrances (front and rear)
• Direct access to and Back parking
The layouts feel open, airy, and well-proportioned—spaces that homeowners and renters are proud to call home.
Location That Drives Value
Living here places residents just minutes from the cultural and entertainment core of Los Angeles, including:
• Crypto.com Arena
• Dorothy Chandler Pavilion
• Walt Disney Concert Hall
• SoFi Stadium
Los Angeles is uniquely positioned as a transportation and connectivity hub, bordered by major freeways including the 110 FWY, with the iconic Hollywood Interchange nearby—making commuting and access across the city seamless.
Built-In Upside
In addition to immediate income potential, the property is ready for future expansion, with the ability to add 2 additional ADU—creating a rare value-add opportunity in a supply-constrained market.
Why This Property Stands Out
? High-demand unit mix
? Minimal maintenance concerns
? Strong location near Downtown LA
? Expansion potential for increased returns
This is more than a property—it’s a strategic foothold in one of Los Angeles’ most promising neighborhoods. A place to grow, invest, and build long-term wealth in Cal
Listed by Cruz Zavala
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License #01240727
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HomeSmart Realty Group
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562-682-7005
Last updated January 30, 2026
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Source: CRMLS #PW25230352
Listing Facts
TypeMulti-family
NeighborhoodCentral Alameda
Days on Prevu28
Amenities
Parking
Location
Mortgage Calculator
Listing History
01/02/2026
Listed by HomeSmart Realty Group
$975,000
Property Details for 1629 E Vernon
Association
Amenities
Community Features: Sidewalks
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Property Condition: Turnkey
Roof: Shingle
Stories Total: 2
Year Built: 1922
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: FRONT
Measurements
Building Area Total: 2,274
Building Area Units: Square Feet
Lot Features: 2-5 Units/Acre
Lot Size Acres: 0.11
Lot Size Area: 5,211
Lot Size Source: Assessor
Lot Size Square Feet: 5,211
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 5116020006
Interior
Features
Flooring: Laminate, Tile
Interior Features: All Bedrooms Up, All Bedrooms Down
Other
Location
Tax Lot: 9
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Inside
Sewer: Private Sewer
Utilities: Electricity Available, Natural Gas Connected, Water Available
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1629 E Vernon.
How does 1629 E Vernon compare to other multi-family homes in Central Alameda?
This multi-family home is listed 14% above the average price for multi-family homes in Central Alameda and has been on the market for 94 less days than the typical home in this area.
1629 E Vernon is a -bedroom multi-family home for sale in Los Angeles CA 90011. Listed on Prevu for 28 days at $975,000. This home is located in Central Alameda. The median listing price for multi-family homes in this area is $750,000. Property amenities include parking. Explore 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.