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.

Based on information submitted to CRMLS as of July 28, 2026 10:51 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 186 E Vernon Avenue

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Shelly Reed

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Property Details of 186 E Vernon Avenue

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