Stable, fully occupied three-unit income property located close to USC and Downtown L.A. The property consists of three residential units across two separate buildings on a large 6,921-square-foot lot zoned C2-1VL with future development potential. The unit mix includes two 1-bedroom/1-bath units (one of them Section 8) and one unit 3-bedroom/1 bath, providing strong rental income. The South Los Angeles market continues to benefit from proximity to Downtown LA, USC, Exposition Park, and major transit infrastructure. Adjacent to the signalized corner of San Pedro Place and Vernon Avenue, with the future potential of a broad range of commercial uses by-right and TOC Tier 2 Designation, offering a significant density bonus potential for qualified affordable housing projects.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.