1552 W Vernon Avenue
Los Angeles, CA, 90062
$920,000
MLS: 24381393
Beds
4
Baths
2
Sq Ft
1,774
Lot
0.13 ac
Year Built
1920
MLS #
24381393
Days on Market
118
Listed
Apr 17, 2024
Description
Welcome to 1552 W Vernon Ave, a single family home with an attached back unit in Los Angeles, CA. This property features a front house with 2 bedrooms plus an office that can be used as a 3rd bedroom and 1 bath and an attached back unit with 2 bedrooms and 1 bath, both units have their own address and electrical meter. Both units will be delivered vacant . Extensively updated with a new roof, windows, plumbing, electrical wiring and panels, this home shines with fresh paint inside and out. Inside, you'll find new flooring, kitchen cabinets, countertops, and bathrooms. One unit offers central A/C, while the other has a mini-split system. Property is fully landscaped with sprinkler system and a new fully concrete paved driveway for plenty of parking. This property features a big lot and zoning for a potential third unit, this property presents a prime investment opportunity. Conveniently located near major freeways, It's perfect to live in one and rent the other or keep long term as a cash flowing property.
Location
Los Angeles, Los Angeles County, CA 90062
Open on Google Maps ↗Listed by: Raul Herrera · eXp Realty of California Inc
Payment estimate
$6,691
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $92,000 · Loan: $828,000
- Principal & Interest
- $5,087
- Property tax (1.25%)
- $958
- Homeowners insurance
- $300
- Mortgage insurance
- $345
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $32,200 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90062 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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