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6063 - 6075 S Vermont Ave 3 Properties Offered at $1,700,000 in Los Angeles, CA

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INVESTMENT HIGHLIGHTS

  • This stretch of Vermont Ave has good foot & vehicle traffic. The surrounding area is experiencing residential growth and community revitalization.
  • 100% Affordable ED-1 zoning, with potential for an impressive 89 Units. 67 Potential Units with TOC Tier 3
  • The three parcels combined offer over 14,000 sq ft of highly visible LAC2 zoned land. Great spaces for current and aspiring professionals.

EXECUTIVE SUMMARY

For the first time in over 60 years, this triumvirate of parcels is being listed on the open market. With over 14,000 total square feet of LAC2 space, this offering presents a unique opportunity for a developer or investor interested in capitalizing on the land's potential or current income generating properties. The combined listing price is for all three (3) properties. Please DO NOT DISTURB OCCUPANTS!!

PROPERTY FACTS

Price $1,700,000
Price / SF $263.98 / SF
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
Cap Rate 6.71%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 6,440 SF
Total Land Area 0.33 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
6075 S Vermont Ave, Los Angeles, CA 90044 Office 2,772 SF 1962 -
6065 S Vermont Ave, Los Angeles, CA 90044 Retail 2,744 SF 1921 -
6063 S Vermont Ave, Los Angeles, CA 90044 Retail 924 SF 1927 -
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  • Listing ID: 34231746

  • Date on Market: 12/18/2024

  • Last Updated:

  • Address: 6063 - 6075 S Vermont Ave, Los Angeles, CA

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