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Closed
- Listed price
- $1,499,000
- Listed Dec 10, 2014
- Sold price
- $1,378,000
- Sold Mar 13, 2015
7,246 sqft lot|1924 Built|93 MLS days on market
606 W VERNON Ave, Los Angeles, CA 90037
Property Description
20 units, stucco building with tremendous upside in income. All units are Singles with separate bathrooms and kitchens. Great rental market, stable tenants, Fully occupied with more than half of the building paying well below market rents, Separate Meters for electric and Gas, LOW Cost Per Unit, Low expenses, Great cash flow. Actual Monthly Gross $ 12,419, Market Monthly Gross $ 16,000, Units are good size with building size being 10,886 sq ft. Great rental market. $ 74,900 per unit, $137 per Sq-ft, actual 9.9 GRM, 7.3 % current cap rate on actual income $ 149,028, with % 30 upside based on Market rent, getting to $ 192,000 Proforma Gross income, Individual Gas & Electrical Meter, High populated area, low vacancy, easy to manage.
Listing agent: Eliza KerndianDRE #01398836elizakerndian@hotmail.com, Listing office: Gilleran Griffin Company
MLS data updated 11/4/2026, 4:11:03 PM PT
Source: CRMLSMLS #: 14815885
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,378,000
Mar 13, 2015
Available records22014–2015
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.