11316 S Vermont Avenue, Los Angeles, CA 90044
-
Listed Price :
$2,300,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1928
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.
Interior Features
Laundry Information |
Location(s) |
None |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Interior Information |
Cooling Type |
Central Air |
Listing Information
Address |
11316 S Vermont Avenue |
City |
Los Angeles |
State |
CA |
Zip |
90044 |
County |
Los Angeles |
Listing Agent |
Peter Lee DRE #02025291 |
Co-Listing Agent |
Youngha Kim DRE #02229809 |
Courtesy Of |
Coldwell Banker Best Realty |
List Price |
$2,300,000 |
Status |
Active Under Contract |
Type |
Commercial |
Subtype |
Mixed Use |
Structure Size |
N/A |
Lot Size |
16,000 |
Year Built |
1928 |
Listing information courtesy of: Peter Lee, Youngha Kim, Coldwell Banker Best Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 6th, 2024 at 11:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.