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532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
532 W Vernon Avenue
VIEW PHOTOS
$2,850,000

532 W Vernon Avenue

7,354 Sq.Ft.

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!

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Location

532 W Vernon Avenue, Los Angeles, CA 90037

Status

For Sale

Features & Amenities

Interior
Laundry room Washer Hookup, Gas Dryer Hookup, Outside
Fireplace None
Appliances Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
Flooring Laminate
Other Interior Features Recessed Lighting, All Bedrooms Up, Primary Suite
Area & Lot
Lot Area 7,248 Sq.Ft.
Living area 7,354 Sq.Ft.
MLS® ID SR25180573
Year Built 2022
View Description Neighborhood
Type Condo
Status For Sale
Exterior
Stories 2
Pool None
Air conditioning Central Air
Heat type Wall Furnace
Water Source Public
Garage Space 4.0
Security Features Smoke Detector(s)
Sewer Public Sewer
Parking Covered, Driveway, Garage, Uncovered
Lot Features Back Yard, Front Yard
Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Finance
Sales Price $2,850,000
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Schedule a Showing

Ashley would love to show you her beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 532 W Vernon Avenue, Los Angeles, CA 90037. We are reviewing your request and will be in touch shortly!

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Where we make it happen

Experience the difference that exceptional service and results can make in your real estate journey. Ashley is dedicated to providing personalized attention and expert guidance to each client, ensuring that your unique needs are met with the highest standards of professionalism.