The median home value in Vernon, CA is $446,717
This is lower than the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Vernon, CA is $446,717.
Approximately 26% of Vernon homes are owned, compared to 65% rented, while 5% are vacant.
Vernon real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Vernon real estate agent to arrange a tour today!
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Come and take a look at this industrial land! This land is on a corner lot. This land offers opportunity for many uses and is very close to Slauson Ave. This lot is fenced off with two entries on both sides of the streets. The lot also features a tall covered area.
LOT VALUE with APPROVED PLANS - Property scrapped - RTI and SB8 Cert APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,805 sq ft of total living space duplex with an ADU + garages/parking and a potential for 4th and 5th unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. Potential 4th/5th unit on the second floor presents 3 bedrooms and 2.5 bathrooms, offering 1,266 sq ft of space or split into 2 spaces making it a 5th unit. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucrative multi-family property. Schedule a showing today to explore this propertys immense potential for your investment goals. Don't miss out on this chance
Developers, this is an excellent opportunity to build a new construction fourplex 10 minutes from USC and Exposition Park! 715 E 41st Pl is an SB-8 EXEMPT, NON-RENT CONTROLLED, 7,320 square foot flat lot that is being delivered with RTI plans for a fourplex featuring one 6 bedroom, 6 bathroom SFR (featuring a 1st floor flex room with private access), one 3 bedroom, 3 bathroom ADU, and two 4 bedroom, 4 bathroom townhomes that boast potential for ADU conversion due to added flex space with private entrances. This rare property boasts countless perks that will make this project a very successful one, including:1. Cost-Saving Engineering: The plan is designed closely with the structural engineer to minimize construction cost. No steel beams, two-way cantilevers, non-aligning interior framing, etc. Major cost savings. 2. Demolition Already Complete: The existing home has already been demolished, meaning no hastle on demolition and over $50,000 in savings. Plus, no rent control on the future project.3. Flex Rooms: There are 3 large flex rooms (450 sf+ ) with a private entrance and yard space that will be ideal for generating additional income.4. Ample Parking: The plans boast 9 legal parking spaces and 1 bonus space, making for a whopping 10 spots. That's a major feature for tenants!5. Large Bedrooms designed for students/master leases: All units have bedroom sizes of 10' x 12' minimum that can accommodate both a queen size bed and a computer desk.6. Private Open Spaces: All units, including the flex rooms, have large usable private open spaces. With SB-8 exempt, 7,000 square foot+ lots being extremely rare these days, you'll want to jump on this opportunity fast!
RTI approved permits for a "Shovel-Ready", non-rent controlled (no low-income requirement / no SB 8), 4-unit multifamily development that will overlook the downtown Los Angeles skyline and is within close walking proximity to the new 6th Street Bridge and P.A.R.C. under construction. Adding greater value, on December 12, 2023, the LA City Council voted to adopt the Boyle Heights Community Plan with rezoning amendments that will allow up to 11 residential units / 6,601.8 buildable sq. ft. at market rates or up to 20 residential units / 13,203.6 buildable sq. ft. with max bonus. In addition, the new zoning allows for the option of mixed-use development with no restriction on building height and the number of residential units will still remain up to 11 market rate units or up to 20 units with max bonus!
OPPORTUNITY ZONE! ED1 PROJECT DEVELOPMENT to Build 45+ units, Affordable Housing OR OWNER USER RESTAURANT WITH MOST OF THE RESTAURANT EQUIPMENT THERE BIG DINING AND EXTERIOR SITTING AREA AND LOTS OF PARKING. This Prime property Boast a generous 7549 Square foot Corner lot with convenient alley access. Currently , it features a closed restaurant making it a versatile canvas for your nest investment or development venture . Zoning LAC2, TOC TIER 3 . Multiple Apartment projects being built on Main St. Metro LA Near Downtown LA AND USC. Property being sold as is for land value only. Please call listing agent for more info.
This is a vacant lot located at the corner of Whittier bl. And Ditman st, LA. Ca. for sale , its the Center of E Los Angles, surrounded by a lot of retail stores and residentials , Whittier bl is heavy traffic , on the Ditman st. side has a nice public park, many people (adult and kids) playing and sporting there to enjoy the evening. C3 Zone, you could build anything you want, like Apartments, Retails, Mix usesetc. Its good location Suitable for many business. Dont miss out this wonderful and rare Back market chance
We are pleased to present a 24,710 square foot redevelopment site located at 4420 South Broadway in Los Angeles, California. The subject property is situated in a solid South Los Angeles location, south of East Vernon Avenue and west of South Main Street. This offering is positioned on one (1) parcel totaling 24,710 square feet (SF) of land with a zoning ordinance of LAC2-2D-CPIO where the D suffix is an alteration of some of the base development standards per the Community Plan Implementation Overlay. This allows for sixty-one units (61) units by-right, a maximum height of 60 feet by-right, and a FAR of 1.5:1 by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories and thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. Five (5) additional concessions or incentives are granted under the State Density Bonus program. There is potential to stack these incentives with other programs such as TOC or the Los Angeles Density Bonus program, Buyer to verify. There is $95,280 in annual gross income which will stay in place while buyer goes through the entitlement process. All of the tenants are on month-to-month commercial leases. Positioned in a solid South Los Angeles location, this offering presents an excellent opportunity for an astute developer to purchase a large corner lot at a low price per square foot and potentially build over 100 units without any residential units to replace.
Massive Development Opportunity. At this time one could build up to 20 market-rate units on this property, and by mid to late 2025 under the new "Boyle Heights Community Plan" and by utilizing the "Community Benefit Program" one could construct up to 36 units, encompassing 32 market-rate units and 4 low-income units. According to ZIMAS the property is not subject to HPOZ.
Vacant Lot perfect for some one who wants tobuild & run hes own business or cam be rented as parking lot on a very busy street, in florence Ave. Between Mckinley ave n Stanford Ave, Zoning LACM.. Lot has been used as a parking for cars dealership .
Unique commercial land parcel! Prime high traffic Whittier Blvd, close to Downtown LA, LA Arts District, 5, 10, 60, 710 & 101 fwys.
SELLERS ARE MOTIVATED!! This Towne Avenue Land Lot is being "SOLD-AS" in it's entirety without any further warranties and/or guarantees of any kind. Real Estate Agent(sl/Brokers and your buyer(s) are to do their own due diligence and their investigation of All City/County Building & Safety Regulations And Law pertaining to this property status, square footages, etc., of this vacant land lot, with no responsibility of the owners or their real estate agent(s)/Broker(s). Escrow could be extended due to trust clarification process. **THIS LOT IS RIGHT NEXT TO 8021 TOWNE AVENUE, LOS ANGELES, CA, MLS# 24-378467, WHICH IS ALSO FOR SALE TOO** AND 7908 TOWNE AVENUE, LOS ANGELES, CA MLS# 24-344647 IS ALSO FOR SALE. "Do Not Walk Onto The Property Or Disturb The Occupants, next door at all, Because They Are Not Tenants"! Sellers have selection of all services. Thank You All For Your Interest & Have An Excellent Day!
Currently Ibr 1Ba Fixer or Teardown with potential for Two Houses, Two ADUs and Two JADUs. Flat Lot with rear alley.
Do Not Wait to Buy Real Estate. Buy Real Estate and Wait. This 376 Square Foot subject parcel is zoned R2 and shares a lot with a duplex located at 429 W 68th Street. THE SELLER OF THE PARCEL MAY CONSIDER FINANCING FOR A NEW OWNER. E-mail or call with questions.
Excellent development opportunity for a multi-family building. Zoned R4 in a transit priority area and state enterprise zone, this 12,000 plus square foot double lot with alley access may be the perfect fit for your urban in-fill project.
Attention builders looking for you next project, here is a flat Lot R2 with 4050 sq ft close to 110 freeway, shopping centers and downtown LA
Vacant land ready for development No Plans or environmental reports will be included in the sale. Highly desired area with lots of potential.
City Terrace Hills View Lot! Design & build your dream Residence. ATTENTION Investors, Developers, Builders R-1 up-slope land parcel, possible ADU option. Close to Downtown LA restaurants & shops, Arts District, Cal State LA University, USC Keck Medical Center, Dodger Stadium, 10, 60, 2, 5, and 710 freeways.
This is an affordable housing development opportunity at 7311 S Figueroa St, located just south of W Florence Ave in South Los Angeles. The 12,480 SF lot will be delivered fully entitled for 144 income-restricted housing units and 1manager unit with no parking required.The project's central infill location and proximity to major employment hubs such as Downtown LA, Vernon, Commerce, and Huntington Park support multiple lease-up strategies including filling units through PATH, LAHSA or Section 8.Plans call for an efficient seven story project, utilizing Type III over Type IA construction for a stacked design reducing construction costs for the developer. The existing 7 units/retail will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects.The finished project totals 62,735 SF and has a desirable unit mix of 141 x one-bedrooms and 4 x two-bedrooms.The project is offered at a low price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. In addition, the affordability of the projectsopens avenues of mission driven financing through CDFIs or mission driven lenders (contact agent for details)Located in a dense location of South Los Angeles with an easy commute throughout the city with access to the 110 Freeway from W Florence Ave; walking distance to multiple Metro local lines on S Figueroa St.The subject property is walking distance to retail amenities, specifically three retail strip centers at the corner of W Florence Ave & S Figueroa St; nearby to the Childrens Institute Inc., Sixty-Eighth Stree Elementary School, and Loren Miller Elementary School. Parcel numbers 6020-025-014 & 6020-025-015.
SELLER FINANCE AVAILABLE! 50% Down, 7 year fully amortized loan, 7% rate, Payment is roughly $3,000/month. This industrial vacant lot, strategically located in a thriving commercial area, offers an ideal space for a variety of enterprises. Whether you're in need of storage for vehicles, equipment, pallets, or seeking a convenient location for your tow/trucking yard, this property provides the perfect solution. Aample space to accommodate various business needs.Versatility: Suited for car storage, contractor yards, pallet storage, and tow/trucking operations.Convenient Location: Positioned in a highly accessible area, ensuring ease of transportation and logistics.Secure Environment: Fenced and gated perimeter for enhanced security and peace of mind.Flexible Lease Terms: Customizable lease agreements to meet your specific requirements.Zoning: Zoned for commercial use, providing flexibility for a wide range of businesses.High Visibility: Located in a bustling commercial district, offering excellent visibility and exposure for your business.
Land to Develop!! these 2 side by side parcels R3-1 zoning in the opportunity zone with a 146 feet frontage and 200 feet deep (29,200sqft), the possibilities here are endless, located in the TPAs (transit priority areas) TOC tier2 great property for housing providers, low-income developers. Nonprofit institutions, government housing providers and Homeless housing providers may qualify for a fastback project approval, per owner remarks can build between 150 -250 units depending on the housing tier of the project, buyers to do their own due diligence and confirm best and highest use with the zoning and building authorities of the City of Los Angeles, existing building consist of fourplex at 9320 Firth Blvd and 2 SFRs and a duplex at 9324 Firth Blvd .
The property is 7,500 sf corner lot. The property is RTI (pending Buyer payment of Sewer Fee) for 23 unit (22 1-Bed & 1 3-Bed) apartment building with 1 affordable unit designated for Extremely Low Income. The design of the building allows for a very easy and fluid development process. Approved plans are available upon request.
READY TO BUILLD 3 CONTIGUOUS 3PARCELS, AN INVESTOR AND BUILDER'S DREAM, WITH MULTI-UNITS POTENTIAL.
Two lots, side by side, ready for development. All of the development work was completed just before the pandemic hit, those have expired and the process needs to start new. The sale will be for BOTH lots together.
We are pleased to present an amazing individual or investor opportunity to acquire a residential view lot in the up-and-coming City Terrace neighborhood of Los Angeles County. The land offers Amazing views and is ideally located in the center of the soaring East Los Angeles market. With irreplaceable Downtown Views and dramatic hillsides, this East Los Angeles neighborhood is quickly becoming one of the most desirable residential locations in Los Angeles. With easy access to freeways, numerous employment options in Downtown Los Angeles, City and Skyline Views, and in close vicinity to California State University-Los Angeles and USC Keck Medical Center, City Terrace is currently experiencing rapid gentrification and an influx of young professionals. Fantastic opportunity for individual to build dream home or developer for spec project in up and coming City Terrace.
OWNER FINANCING AVAILABLE! Excellent development opportunity or build your dream home with breathtaking city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home.
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