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522 W Vernon Ave, Los Angeles, CA, 90037

9beds
5baths
3,346sqft
$1,600,000
$478price/sqft
$10,815/moest. monthly cost
$432,600/yrincome needed

About This Home

Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.

Getting Around

84
WalkingVery Walkable
65
TransitGood Transit
81
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1904

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5

Features

  • Flooring: Laminate

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 3,346
  • Total interior livable area: 3,346 sqft

Property

Details

  • Parcel number: 5018033017
  • Zoning: LAC2
  • Special condition: Standard

Features

  • Levels: Two
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: City Lights,City
  • Waterfront features: None

Lot

  • Lot size: 7,248 sqft

Parking

  • Total spaces: 4
  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,090$97,080
Home Insurance *$352$4,224
Property Taxes $1,656$19,872
Electricity $717$8,610
Total$10,815$129,780
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$370,800/yr
40% on housing$324,450/yr
45% on housing$288,400/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$478This listing

vs Other Active Listings

Avg $/sqft

ZIP 90037$353
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90037$516
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-16Listed for sale$1,600,000
2026-04-10Listing removed$1,600,000
2025-12-15Listing removed$7,500
2025-12-02Listed for rent$7,500
2025-10-21Price change$1,600,000
2025-10-16Listed for sale$1,800,000
2022-03-15Sold$1,060,000
2022-02-23Pending sale$1,250,000
2022-01-06Contingent$1,250,000
2021-12-08Price change$1,250,000
2021-12-02Listed for sale$1,350,000
2021-10-29Contingent$1,350,000
2021-10-20Price change$1,350,000
2021-10-15Listed for sale$1,375,000
2015-06-01Sold$495,000
2015-01-17Price change$544,900
2014-12-05Listed for sale$549,900
2014-05-01Sold$302,000
2014-03-23Listed for sale$364,900
2013-09-06Sold$294,375
2006-03-31Sold$595,000

For Sale by Agent

AgentShahram Shamounpour
BrokerageKeller Williams Beverly Hills

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