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1127 N Vermont Ave 2,450 SF Office Building Los Angeles, CA 90029 $2,999,999 ($1,224.49/SF) 5.40% Cap Rate
Investment Highlights
- City Approved / Appointed MRI Licensing
- Well Maintained Pride of Ownership
- 1125-1127 N Vermont Ave
- VERY HIGH TRAFFIC - Santa Monica & Vermont
- Fully Leased
Executive Summary
VFCRE is pleased to present a rare investment opportunity in the heart of Hollywood, California. Located at 1125 & 1127 Vermont Boulevard, this fully leased medical office property offers investors a stable income-producing asset with significant long-term value.
The property is zoned LAC2 and was extensively renovated and built-to-suit in 2017 for its current medical use. A unique and highly desirable feature of the asset is its special entitlement and appointment for MRI imaging services, providing a specialized use component that enhances its market position and tenant demand.
Situated in a densely populated and highly trafficked area of Los Angeles, the property benefits from excellent visibility, accessibility, and proximity to major medical facilities, residential neighborhoods, and transportation corridors. The combination of a fully leased tenancy, specialized medical infrastructure, and strategic location makes this an attractive opportunity for investors seeking dependable cash flow and potential future upside.
Please do not disturb the tenant. Do not enter the premises or contact onsite personnel without prior authorization. Drive-by inspections are welcome; however, all property tours must be scheduled by appointment through the listing brokerage VFCRE.
The property is zoned LAC2 and was extensively renovated and built-to-suit in 2017 for its current medical use. A unique and highly desirable feature of the asset is its special entitlement and appointment for MRI imaging services, providing a specialized use component that enhances its market position and tenant demand.
Situated in a densely populated and highly trafficked area of Los Angeles, the property benefits from excellent visibility, accessibility, and proximity to major medical facilities, residential neighborhoods, and transportation corridors. The combination of a fully leased tenancy, specialized medical infrastructure, and strategic location makes this an attractive opportunity for investors seeking dependable cash flow and potential future upside.
Please do not disturb the tenant. Do not enter the premises or contact onsite personnel without prior authorization. Drive-by inspections are welcome; however, all property tours must be scheduled by appointment through the listing brokerage VFCRE.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
2,450 SF
Building Class
B
Year Built/Renovated
1923/2022
Price
$2,999,999
Price Per SF
$1,224.49
Cap Rate
5.40%
NOI
$162,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,450 SF
Building FAR
0.64
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
LAC2 - C2 Zoning in an Opportunity Zone
Parking
6 Spaces (2.45 Spaces per 1,000 SF Leased)
Amenities
- Metro/Subway
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5540-020-011 | Improvements Assessment | $208,080 |
| Land Assessment | $1,352,520 | Total Assessment | $1,560,600 |
Property Taxes
Parcel Number
5540-020-011
Land Assessment
$1,352,520
Improvements Assessment
$208,080
Total Assessment
$1,560,600
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