4300 S Vermont Ave
Los Angeles, CA 90037
Land For Sale · 0.15 AC

Vermont Square Land development opportunity, Free-standing building, high traffic commercial/retail area in South Los Angeles, Vermont Avenue identity, flexible opportunity for land developer or owner-user seeking sites like this neighborhood, community, and regional retail business. This opportunity consisting of 1 contiguous parcel zoned “C2-1VL-CPIO” COMMERCIAL ZONE & consist of a total of 6,683+/- square feet of semi-improved land, with one (1) Free Standing multi-tenant building that consist of one Single-Story 1,002+/- square feet – corner commercial building. This site provides 54+/- feet of frontage on Vermont Avenue with a lot dimension 54’ x 125’. APN: 5020-035-022. Zoning provides for a wide range of uses from Restaurant, tearoom, or cafe (including entertainment other than dancing) or use permitted in the C1.5, C1, CR Limited Commercial & R4 Multiple Dwelling Zone. The subject property is also located within the Community Plan Implementation Overlay District (CPIO) & designated Tier 3 in the Transit Oriented Communities (TOC). (CPIO) Districts are a specialized zoning tool designed to carry out the goals and objectives of newly updated Community Plans. They can be used to help manage growth and conserve character in residential, commercial, industrial, and transit-oriented neighborhoods. The subject property is currently occupied by two (2) tenants that are currently on a month-to-month lease terms, Reina’s - Salvadoran Restaurant & Botanica Virgen de Guadalupe retail store provides the ownership with an annual gross rental income of $33,600.00 per year. Please do not disturbed the tenants, Tenants are unaware that the subject property is for Sale. Location Overview: 4300 S Vermont Ave (“Subject Property”) is located within Vermont Square, centrally located along Vermont Avenue, south of the I-10 Freeway, west of Interstate 110, near to USC, LA Memorial Coliseum and with access to employment centers throughout the downtown Los Angeles. Due to its location, future users of the Subject Property will enjoy the amenities of adjacent residential & retail developments.