Skip to main content

Millman Team Real Estate

$1,300,000
0.14 Acre Lot

1763 W Vernon, Los Angeles, California 90062

  • Commercial Sale Property Type
  • 1922 Year Built
Property Description

Introducing an exceptional mixed-use, two-story property strategically located in the vibrant heart of Los Angeles, offering remarkable income potential and investment opportunities. The ground floor features two generously sized office suites, each designed to accommodate a variety of business needs, along with a retail space currently thriving as a grocery and wine/beer shop. These office suites are available for lease, making it an ideal opportunity for a new tenant or owner-user seeking a prime location in a bustling market. On the second floor, you will find six carefully designed residential units, comprising three modern studios and three spacious one-bedroom, one-bath apartments. Each unit is thoughtfully laid out to maximize space and comfort, catering to long-term tenants. Additionally, the property boasts a vacant lot at the rear, providing valuable parking for tenants and customers. This area holds significant potential for further development, including the possibility of adding an Accessory Dwelling Unit (ADU), which could enhance rental income and attract a broader tenant base. The prime location of this property is a significant advantage, situated in close proximity to major attractions such as BMO Stadium, USC, the National Historic Museum of Los Angeles, the Kia Forum, and YouTube Theater. This vibrant neighborhood not only offers a dynamic lifestyle but also ensures high foot traffic and visibility for retail and office operations. This unique and lucrative investment opportunity is not to be overlooked. Seize your chance to capitalize on a property that combines convenience, accessibility, and the potential for growth in a thriving Los Angeles market!

Basic Details
Commercial Sale
For Sale
SB25236122
$1,300,000
1922
0.14 Acre
Active Under Contract
Mixed Use
: Composition, Flat, Rolled/Hot Mop
Features
: Wall Furnace
: None
: Chain Link, Partial
: None
: Natural Gas Connected, Sewer Connected, Water Connected
$0
Address Map
CA
Los Angeles
Los Angeles
90062
Vernon
1763
W119° 41' 19.9''
N34° 0' 14.3''
On Freeway 110, exit to Vernon Ave, 1.8 mile on W Vernon Ave, property is on your right
C34 - Los Angeles Southwest
W
Additional Information
$0
$0
$0
$0
$0
6800
Grocery, Mixed, Multi-Tenant, Retail
: Drywall, Concrete, Stucco
: Multi-Family
Standard
1
: 6-10 Units/Acre, Level
9
2025-10-12
1339000
2
: Public
Broker/Agent Information
Atesa Real Estate, Inc.
Philip Onyenedum
Listing Information
Thessy Onyenedum
sbonyethe
sb1318540
Atesa Real Estate, Inc.
SBONYEPHI
SB1318540
Cash to Existing Loan, Conventional
Active Under Contract
2026-07-08T07:03:18Z
CRMLS
: Standard
2026-07-02T11:16:47Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us