532 W Vernon Avenue, Los Angeles, CA 90037

0 beds 0 baths 7,248 sq.ft.

Offerered at: $2,850,000.00

County: Los Angeles
Year Built: 2022
Association Fees: $0.00/mo.

Property Description

Prime Brand-New 5-Unit Apartment Building in South Los Angeles – Investor Ready! We are excited to present this stunning brand-new construction 5-unit multifamily property completed in 2022, offering a rare combination of modern design, premium finishes, and unbeatable location. Perfectly positioned in a vibrant South Los Angeles neighborhood, this property sits just west of S. Figueroa Street and south of W. Vernon Avenue, placing residents minutes from Downtown LA, USC, Exposition Park, and major commuter routes. Spread across three beautiful buildings, the property boasts an exceptional unit mix: One (1) spacious 1-bedroom, 1.5-bath ADU Two (2) large 3-bedroom, 3-bath townhouse-style units Two (2) expansive 4-bedroom, 4-bath townhouse-style units The four front units span three stories each, while the rear ADU offers a comfortable two-story layout—each with thoughtfully designed open floor plans, abundant natural light, and modern amenities. Inside, you’ll find high ceilings, contemporary kitchens with stainless steel appliances, designer cabinetry, and stone countertops, along with beautiful flooring, recessed lighting, and energy-efficient systems. Location is key, and this property delivers—just two miles from USC, making it a prime choice for off-campus housing, and less than four miles to Downtown LA for working professionals. Outdoor enthusiasts will love being minutes from Banc of California Stadium, Exposition Park, and Julian C. Dixon Park, while everyday convenience is met with nearby shopping, dining, and retail along Figueroa Street. As a non–rent-controlled, fully vacant, brand-new construction asset in a rapidly gentrifying market, this turnkey investment opportunity has strong rental income potential. Whether catering to students professionals, or families, this property is primed to deliver exceptional long-term value. Don’t miss your chance to own a premier multifamily property in one of Los Angeles’ fastest-growing neighborhoods!

ESSENTIAL INFO

  • Status: Active