Los Angeles, CA 90044,11316 S Vermont AVE
Los Angeles, CA 90044,11316 S Vermont AVE
Los Angeles, CA 90044,11316 S Vermont AVE
Los Angeles, CA 90044,11316 S Vermont AVE
Los Angeles, CA 90044,11316 S Vermont AVE
Los Angeles, CA 90044,11316 S Vermont AVE
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$ 2,300,000
Est. payment | /mo

0.37 Acres Lot


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$ 2,300,000
Est. payment | /mo
Save

0.37 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW24188285

HOA Y/N No

Year Built 1928

Lot Size 0.367 Acres

Property Description

This listing includes three distinct areas: 11316-11318 S. Vermont Ave., Los Angeles, CA 90044, which features an approximately 8,000 SF lot with a 4,632 SF retail building, and 11331 Southwest Blvd., Los Angeles, CA 90044, an 8,198 SF parking lot. The 4,632 SF retail building, located in a prime roadside position, previously generated $10,000 per month in rental income, while the adjacent 8,200-square-foot parking lot adds an additional $4,000 per month.
This presents a prime opportunity for an owner-user or investor, with a profitable commercial property in a thriving and highly accessible location, just under 10 minutes from Freeways 110, 105, and 710. With continuous development in the area in anticipation of the 2028 LA Olympics, this property offers excellent potential for future value appreciation. Additionally, it is conveniently located within 5 miles of SoFi Stadium, making it perfectly positioned for growth. Don’t miss out on this exceptional investment opportunity.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning C2-1, R-1

Interior

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Present Use Commercial

Total Parking Spaces 12

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 6075009024

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Peter Lee • Coldwell Banker Best Realty • 2138208005
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6201 E Bayshore Walk, Beach, CA, 90804, USA

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11316 S Vermont AVE