Property Details
About this Property
Luxury Live Auction! Bidding to start from $2,500,000! 2023 NEW BUILD yielding an exceptional 6.4% CAP RATE. This non-rent-controlled (5) unit asset is thoughtfully designed across three separate buildings, offering both architectural appeal and operational efficiency. The first & second buildings each feature a spacious 4-bedroom / 4-bathroom residence and a 3-bedroom / 3-bathroom unit. The third building consists of a detached ADU offering a well-designed 1-bedroom / 1.5-bathroom layout. All units showcase modern open-concept designs with high ceilings, recessed lighting, modern flooring, stone countertops, custom cabinets and contemporary kitchens equipped with stainless steel appliances and gas ranges. Units include central HVAC and in-unit washer and dryer. The larger (3) and (4) bedroom residences each offer private 2-car garages with EV charging capability, enhancing tenant appeal and long-term rent durability. Each unit is separately metered for electric, gas, and water and includes solar panels with individual meters — supporting efficient expense management and strong NOI performance. Strategically located just west of Figueroa and south of Vernon Avenue, the property sits minutes from USC, Downtown Los Angeles, Exposition Park, BMO Stadium, and major employment hubs —
MLS Listing Information
MLS #
CROC26039085
MLS Source
California Regional MLS
Days on Site
14
Interior Features
Appliances
Dishwasher, Microwave, Other, Oven - Gas, Oven Range - Gas, Dryer, Washer
Flooring
Laminate
Cooling
Central Forced Air
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage, Other, Garage: 8 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
William Pasqualino
Harcourts Prime Properties
License #: 01979443
Phone: –
Co-Listing Agent
Angelina Pasqualino
License #: 01961619
Phone: (206) 795-4693
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
532 W Vernon is a Residential Income in Los Angeles, CA 90037. This – square foot property sits on a 7,248 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,500,000 and was built in 2023. This address can also be written as 532 W Vernon, Los Angeles, CA 90037.
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This listing information is up-to-date as of March 15, 2026. For the most current information, please contact William Pasqualino
