6553 S Vermont Ave - Service FOR SALE


Los Angeles, CA 90044
$1,189,000 USD
310-666-2246
6553 S Vermont Ave, Los Angeles, CA for Sale
$1,189,000 USD
Service - FOR SALE
1/22
null | 8.14% Cap Rate

6553 S Vermont Ave
Los Angeles, CA 90044


HIGHLIGHTS

  • 2 lots being sold together
  • Central location along the Vermont Corrdior

OVERVIEW

We are excited to introduce this outstanding investment opportunity: a flexible mixed-use property with five units that beautifully integrate residential and commercial spaces. This property encompasses 2,544 square feet situated on a 5,004 C2 Lot (TOC-3) in the bustling Vermont Corridor. It comprises three fully occupied residential units and two commercial spaces (one currently vacant), presenting immediate prospects for increased rental income for astute investors eager to leverage the thriving local market. With two tenants on month-to-month leases, there is considerable leeway for future development or restructuring. These are two separate lots being sold together. Conveniently located near public transportation, major highways, shopping centers, and educational institutions, this property is ideally positioned for significant value appreciation and will enhance the vibrant neighborhood.

FOR SALE DETAILS

PRICE

$1,189,000 USD

PRICE/SF

$595 USD /SF

CAP RATE

8.14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Mixed Use Units - Real 8.1% Cap Rate!

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

UTILITIES

Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06

LAND SF

2,614

ZONING

LAC2

APN/PARCEL ID

6014-012-002

ASK ABOUT THIS PROPERTY

Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

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Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.