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1348 E Vernon Ave, Los Angeles, CA, 90011

17beds
12baths
5,927sqft
$2,345,000
$396price/sqft
$16,001/moest. monthly cost
$640,040/yrincome needed

About This Home

Contemporary Fourplex! This remarkable property features two distinct buildings. The front building is two stories high and includes two units, each offering three bedrooms and two bathrooms. The back building showcases a tri-level design with side-by-side units: one containing four bedrooms and three bathrooms, while the other boasts seven bedrooms and five bathrooms. All units are designed with highly desirable floor plans in a townhome style, complete with en-suite bathrooms and master bedrooms. Expansive windows flood the interiors with natural light, and additional highlights include walk-in closets, custom window blinds, stainless steel appliances, two-tone interior paint, and energy-efficient LED lighting. Each unit also comes with its own laundry room, tankless water heaters for instant hot water, and energy-saving HVAC systems.Ample parking is available, featuring decorative pavers, an attached garage, and an automatic gate opener. The property is well-maintained, with drought resistant landscaping and includes solar panels, ensuring it is self-sustainable with minimal maintenance costs. Each unit is individually metered, and an EV charging connection is provided in the garage. This attractive property is easy to rent and is centrally located near Downtown Los Angeles, USC, and major public transportation routes. With no rent control and increasing demand for rentals in the area, this building presents a great investment opportunity.

Getting Around

80
WalkingVery Walkable
60
TransitGood Transit
68
BikeBikeable

Construction

Condition

  • Property condition: Updated/Remodeled,New Construction
  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame,Hard Coat

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Oven,Gas Oven,Gas Cooktop,Disposal,Dryer,Dishwasher,Central Water Heater,Electric Water Heater,Gas Water Heater,MultiTank Water Heater
  • Laundry features: In Unit,Electric Dryer Hookup,Gas Dryer Hookup,Gas Or Electric Dryer Hookup

Bathroom

  • Features: Shower and Tub

Bedroom

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 17
  • Bathrooms: 12

Features

  • Window features: Double Pane Windows
  • Flooring: Laminate
  • Fireplace features: Bath,Decorative,Family Room,Electric,Dining Room,Kitchen,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard,Electric,Forced Air,Natural Gas
  • Cooling features: Air Conditioning

Interior Area

  • Total structure area: 5,927
  • Total interior livable area: 5,927 sqft

Property

Details

  • Parcel number: 5107003007
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Stories: 2
  • Entry location: Ground Level w/steps
  • Fencing: Fenced,Gate
  • Has view: Yes
  • View description: City
  • Waterfront features: None

Lot

  • Lot size: 5,998 sqft
  • Features: City Lot

Parking

  • Total spaces: 8
  • Parking features: Converted Garage,Driveway
  • Has garage: Yes
  • Covered spaces: 4
  • 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
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
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 $11,857$142,284
Home Insurance *$492$5,904
Property Taxes $2,382$28,584
Electricity $1,270$15,251
Total$16,001$192,012
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$548,605/yr
40% on housing$480,030/yr
45% on housing$426,693/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

$396This listing

vs Other Active Listings

Avg $/sqft

ZIP 90011$337
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90011$515
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
2026-01-26Price change$2,345,000
2025-10-10Price change$2,395,000
2025-08-20Listed for sale$2,495,000
2025-07-26Listing removed$2,495,000
2025-06-20Listed for sale$2,495,000
2025-05-22Listing removed$2,495,000
2025-05-05Listed for sale$2,495,000
2023-05-25Sold$1,975,000
2023-04-20Pending sale$2,200,000
2023-03-04Price change$2,200,000
2023-02-14Price change$2,400,000
2022-09-26Listed for sale$2,500,000
2021-04-15Sold$500,000

For Sale by Agent

AgentJoe Myers
BrokerageCompass

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