11316 S Vermont Avenue, Los Angeles, CA 90044

  • $2,300,000
  • $497
11316 S Vermont Avenue, Los Angeles, CA 90044
  • Commercial Sale
  • Property Type
  • 1928
  • Year Built
For Sale
11316 S Vermont Avenue, Los Angeles, CA 90044
  • $2,300,000
  • $497

Overview

Property ID: SGR-33956195
  • Commercial Sale
  • Property Type
  • 1928
  • Year Built

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.

  • Address 11316 S Vermont Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90044
  • Area C34 - Los Angeles Southwest
  • Country United States

Details

Updated on September 23, 2024 at 9:49 am
  • Property ID: SGR-33956195
  • Price: $2,300,000
  • Land Area: 16000.00 m²
  • Year Built: 1928
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 4632.00
  • MLS#: PW24188285
  • Office Name: COLDWELL BANKER BEST REALTY
  • Agent Name: Peter Lee
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Coldwell Banker Best Realty
  • Co-Agent Name: Youngha Kim
  • Agent State License: 02025291
  • Co-Agent State License: 02229809
  • IDX Contact Info: 2138208005

Additional details

  • Cooling: Central Air
  • County: Los Angeles
  • Property SubType: Mixed Use
  • Parking: 12.00
  • Water Source: Public

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