602 W VERNON AVE.
Los Angeles, CA 90037 · APN 5018-033-027
UNITS
1
BUILDING SF
3,800
SF / UNIT
3,800
YEAR BUILT
1912
BEDROOMS
7
BATHROOMS
3
USE · CODE 0200
DUPLEX
Leave an email and I will send you what it is worth today, in place and on turnover, from comps that closed within three blocks. Free, confidential, inside 48 hours, and no listing pitch until you ask for one.
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PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.
OUTSIDE LA RSO (FEWER THAN TWO UNITS)
The roll records 1 unit here. The Rent Stabilization Ordinance reaches buildings of two or more units, so it does not apply. Whether the statewide cap applies to a single-family home turns on who owns it and whether the required notice was given.
Recent sales nearby.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON W VERNON AVE · ZIP 90037
SIMILAR SIZE AND ERA IN 90037
This building sits in South Los Angeles.
RECORDED SALES, MEDIAN $/UNIT AND $/SF, RENT-CONTROL COVERAGE →
The short answers.
Is 602 W Vernon Ave rent controlled?
The roll records 1 unit here. The Rent Stabilization Ordinance reaches buildings of two or more units, so it does not apply. Whether the statewide cap applies to a single-family home turns on who owns it and whether the required notice was given. This is an inference from public assessor records, not a determination. Confirm the certificate of occupancy date with the LA Housing Department or ZIMAS before you rely on it for pricing or notices.
How many units does 602 W Vernon Ave have?
County records list 1 unit at 602 W Vernon Ave, classified as duplex across 3,800 square feet of building area, averaging about 3,800 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 602 W Vernon Ave built?
The assessor roll gives a build year of 1912, which puts it in the stock old enough for the LA Rent Stabilization Ordinance to reach it, where the building sits inside City of Los Angeles limits. Age drives more than character here. It sets rent-cap exposure, seismic retrofit obligations, and what a lender will underwrite.
When did 602 W Vernon Ave last sell, and for how much?
The last recorded transfer was December 2021, at an estimated $754,999, about $754,999 per unit. That price is estimated from the Proposition 13 reassessment recorded at sale, not a verified closing price, so treat it as a close approximation rather than a confirmed figure.
What is 602 W Vernon Ave assessed at, and is that what it is worth?
The current assessed value is $801,211 ($560,848 land, $240,363 improvements). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for.
What is the South Los Angeles apartment market doing?
602 W Vernon Ave sits in South Los Angeles, in Los Angeles. Recorded sale counts, median price per unit, median price per square foot, and the share of rent-control-era stock for the submarket are published and updated as the county roll refreshes. See the South Los Angeles market page for the current figures rather than a number quoted here.
How do I find out what 602 W Vernon Ave would sell for today?
Public records give you the frame, units, size, age, assessed value, and when it last traded, but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.
Leave an email and I'll come back with what it is worth and whether the owner is likely to trade. It does not have to be for sale, and it does not have to be my listing.
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