458 W Vernon Avenue
Los Angeles, CA 90037

458 Vernon Ave is a 4Plex that will be delivered FULLY VACANT by Close of Escrow. All units have beencleaned up and renovated for new tenants to movein. The property is comprised of an ideal unit mix of (2)1Bed/1Bath, (2) 2Bed/1Bath units and delivered with Fully Approved LADBS ADU plans for (2) 3Bed/2Bath RTI. The asset will operate at a 7.2% Cap Rate Day 1. After Building the ADUs, thisproperty will operate at a 9.3% Cap rate and 7.8 GRM! (Including Estimated Construction Costs)With all four units currentlyrenovated and tenant ready, this asset willimmediately cash flow and is fit for any investorlooking for stable income and the opportunity to addvalue through the process of ADUs.Located in a rapidly growing neighborhood of LosAngeles, 458 Vernon is steps away from USC, BMOStadium, Los Angeles Memorial Coliseum andDowntown LA.