We are pleased to present this 7-unit apartment community located at 205 W Vernon Ave, less than 10 minutes away from Downtown Los Angeles, offered at a 7.22 GRM and 7.08% CAP on current rents with upside potential to achieve an 8.85% CAP and 6.35 GRM with proforma rents. This opportunity consists of a two-story building offering a total of 3,655 rentable square feet. Built in 1907, the property is situated on a 5,881 square foot LAC2 zoned lot with five uncovered parking spaces in the rear. The unit mix consists of one (1) two bedroom one-bathroom unit, three (3) one bedroom one-bathroom units and three (3) studio units with 4 out of 7 units having been renovated. One (1) one bedroom unit will be delivered VACANT. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superiors Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.
Listed by Casey Lins
·
License #01902650
·
Kidder Mathews of California, Inc.
·
714-333-6768
Listed by Vincent Cook
·
License #02012324
·
Kidder Mathews of California, Inc.
Last updated December 09, 2025
·
Source: CRMLS #25626981
Listing Facts
TypeMulti-family
NeighborhoodSouth Central LA
Bedrooms5
Days on Prevu2
Size3,655 sqft
Price per sqft$267
Amenities
Parking
Location
Mortgage Calculator
Listing History
12/09/2025
Listed by Kidder Mathews of California, Inc.
$975,000
Property Details for 205 W Vernon Avenue
Exterior
Construction
Number Of Units Total: 7
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1907
Common Walls: 1 Common Wall
Measurements
Building Area Total: 3,655
Lot Size Acres: 0.13
Lot Size Area: 5,881
Lot Size Source: Assessor
Lot Size Square Feet: 5,881
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.08
Gross Income: $135,020.00
Taxes
Parcel Number: 5111010017
Interior
Measurements
Living Area: 3,655
Living Area Source: Assessor
Rooms
Bathrooms Total Integer: 7
Bedrooms Total: 5
Parking
Parking
Parking Total: 5
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 5 bedrooms in this multi-family home at 205 W Vernon Avenue.
Does this multi-family home have parking?
Yes, there are 5 parking spaces available for 205 W Vernon Avenue.
How does 205 W Vernon Avenue compare to other multi-family homes in South Central LA?
This multi-family home is listed 35% below the average price for multi-family homes in South Central LA and has been on the market for 132 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 3,655 sqft.
205 W Vernon Avenue is a 5-bedroom multi-family home for sale in Los Angeles CA 90037. Available on Prevu for 2 days at $975,000. This home features 3,655 square feet of living space, located in South Central LA. The median listing price for multi-family homes in this area is $962,500. The home offers parking. View other 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.