Prime mixed-use investment opportunity located at 348 W Vernon Ave, Los Angeles. This versatile property features a street-level commercial storefront currently used as a retail space, plus three residential units, offering multiple income streams in a high-demand urban corridor. The commercial unit benefits from strong street exposure along Vernon Avenue, with a wide storefront window, security gate, and flexible interior layout ideal for retail, office, or service-oriented uses. Excellent visibility and signage potential enhance business appeal. The residential component consists of three separate units, including a combination of single-story and upper-level unit with private entrances. Units feature functional floor plans, natural light, and practical layouts suitable for long-term tenants. A shared courtyard and on-site access provide convenience and separation from the commercial space. The property sits on a fully improved lot with alley access, 3 individual meters, and a layout conducive to efficient management. Aerial views highlight proximity to major thoroughfares, public transportation, and nearby freeways, offering easy access to Downtown Los Angeles and surrounding neighborhoods. Located in a strong rental market with consistent demand for both residential and commercial space, this asset presents an excellent opportunity for investors, owner-users, or those seeking to reposition a mixed-use property for increased cash flow. Zoned for mixed use. Buyer to verify all zoning, unit count, and permitted uses with the City of Los Angeles.
Listed by Anabella Jimenez
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License #01384351
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CENTURY 21 REALTY MASTERS
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323-304-5760
Last updated June 11, 2026
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Source: CRMLS #MB26097943
Listing Facts
TypeMulti-family
NeighborhoodSouth Park
Days on Prevu42
Amenities
Parking
Location
Mortgage Calculator
Listing History
05/05/2026
Listed by CENTURY 21 REALTY MASTERS
$775,000
Property Details for 348 W Vernon Avenue
Association
Amenities
Community Features: Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 4
Stories: 2
Stories Total: 2
Year Built: 1911
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Street
Measurements
Building Area Total: 2,940
Building Area Units: Square Feet
Lot Features: 2-5 Units/Acre
Lot Size Acres: 0.11
Lot Size Area: 5,004
Lot Size Source: Assessor
Lot Size Square Feet: 5,004
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 5110003004
Other
Location
Tax Lot: 3
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 348 W Vernon Avenue.
How does 348 W Vernon Avenue compare to other multi-family homes in South Park?
This multi-family home is listed 20% below the average price for multi-family homes in South Park and has been on the market for 55 less days than the typical home in this area.
348 W Vernon Avenue is a -bedroom multi-family home for sale in Los Angeles CA 90037. On Prevu for 42 days at $775,000. This home is located in South Park. The median listing price for multi-family homes in this area is $762,000. 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.