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1303 S Vermont, Los Angeles, California 90006

$4,500,000

Property Type
Residential Income
Building Size
17,624 sqft
City
Los Angeles
Status
Active

Probably the most infamous and well known intersection in all of Los Angeles, Pico Blvd and Vermont!!! This massive 17,624 sq.ft building is currently operating at a 7.77% CAP and 8.4 GRM. The property is separately metered for gas and electricity. The building is comprised of (16) apartment units and (7) commercial spaces - it is broken down in to (15) 1-Bed/1-Bath, (1) family own restaurant 30 years here (1) beer bar, (2) retail, (1) importer store, (1) tortilleria and (1) religious store. Offering immediate upside in rental income. 1303 S. Vermont Ave. is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters and business owners.

1303 S Vermont
Los Angeles, CA 90006
$4,500,000
22
Units
17,624
Building Size
0.28 acres
Lot Size
1
Days on Market

About

Probably the most infamous and well known intersection in all of Los Angeles, Pico Blvd and Vermont!!! This massive 17,624 sq.ft building is currently operating at a 7.77% CAP and 8.4 GRM. The property is separately metered for gas and electricity. The building is comprised of (16) apartment units and (7) commercial spaces - it is broken down in to (15) 1-Bed/1-Bath, (1) family own restaurant 30 years here (1) beer bar, (2) retail, (1) importer store, (1) tortilleria and (1) religious store. Offering immediate upside in rental income. 1303 S. Vermont Ave. is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters and business owners.

Listed by Kevin Cooper with eXp Realty of California Inc

Quick Facts

MLS Property Type
Residential Income
Property Subtype
Mixed Use
Status
Active
MLS Number
PW26223742
Year Built
1922
Building Size
17,624 sq ft
Units
22
Lot Size
0.28 acres
Contact Agent

Vince Allan

DRE Lic. #01421798

Ask a question or request a showing.

Location

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Details

Laundry Facilities
None

Lot Size
0.28 acres
Parcel Number
5075001001
Pool Features
None

Water Source
Public

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