1305-1307 S Vermont Ave | Los Angeles, CA 90006
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- LoopNet Team
1305-1307 S Vermont Ave
Los Angeles, CA 90006
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Mixed-Use building with 15 apartments & 7 retail spaces
- Tier 3 transit-oriented community location with development incentives
- Close proximity to Koreatown, Mid City, and Downtown Los Angeles
- Excellent visibility at the signalized intersection of Vermont Ave & Pico Boulevard
- Potential to Increase NOI through CAM recapture and adding RUBS - All retail tenants are Month to Month - 20% +/- Upside in Rents
- Walk score of 93 & close proximity to public transportation - Metro purple & red lines at Vermont Ave / Wilshire Blvd
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
17,624 SF
Building Class
C
Year Built
1922
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
4 Exterior
Building FAR
1.44
Lot Size
0.28 AC
Zoning
LAC2 - Neighborhood Commercial
Frontage
141’ on S Vermont Ave
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Metro/Subway
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 5075-001-001 | Improvements Assessment | $1,397,252 |
| Land Assessment | $2,730,787 | Total Assessment | $4,128,039 |
PROPERTY TAXES
Parcel Number
5075-001-001
Land Assessment
$2,730,787
Improvements Assessment
$1,397,252
Total Assessment
$4,128,039
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