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Closed
- Listed price
- $849,000
- Listed May 21, 2020
- Sold price
- $750,000
- Sold Aug 28, 2020
7,246 sqft lot|2020 Built|60 MLS days on market
532 W VERNON Ave, Los Angeles, CA 90037
Property Description
Priced To Sell, Won't Last! This fantastic one of a kind development opportunity is located in the highly desirable area nearby USC, DTLA, Exposition Park Entertainment District, L.A. Live Entertainment Complex, Staples Center & L.A. Convention Center plus easy access to the 110 freeway. Calling all developers, flippers, and owners/users who are looking to build their State-of-the-art 8 NON-RENT CONTROL Luxurious Units Apartment Building With Rooftop Deck Over Above-Grade Parking Garage; each unit is about 900 SQFT with open floor plan, middle island or bar in the kitchen, a master suite with its own bath & walk-in closet plus a private balcony, and W/D in unit. The property is shovel-ready and comes with a city-approved set of plans to build a beautifully designed modern building. Construction could start immediately after the COE. Seller will provide the permit-ready plans, survey, and soils report at the COE. Don't miss out on this rare opportunity with tremendous upside potential.
Listing agent: Antoine BitarDRE #01997840antoine.bitar@elliman.com, Listing office: Douglas Elliman of California, Inc.
MLS data updated 11/4/2026, 1:58:40 PM PT
Source: CRMLSMLS #: 20581262
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$750,000
Aug 28, 2020
Available records32020
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90037 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90037 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.