762 S Vermont Ave - Storefront FOR SALE


Los Angeles, CA 90005
$2,500,000 USD
818-381-6601
762 S Vermont Ave, Los Angeles, CA for Sale
$2,500,000 USD
Storefront - FOR SALE
1/45
null | 3.96% Cap Rate

Feb '25


762 S Vermont Ave
Los Angeles, CA 90005


HIGHLIGHTS

  • Month To Month Tenants
  • SBA Financing Available
  • Excellent Frontage On Vermont Ave & W 8th St
  • CA-101, CA-110, & I-10 Freeways Nearby
  • Corner Lot
  • High Traffic Count

OVERVIEW

Exceptional Owner/User Opportunity at 762-770 S Vermont Ave – Prime Corner Lot in Koreatown Take advantage of this high-visibility commercial property located on a signalized corner at 762-770 S Vermont Ave, featuring a desirable unit mix of 5 commercial spaces with month-to-month tenants. This setup provides flexibility for new owners to maximize rental potential or reimagine the space to suit their business needs. Situated in the Wilshire/Koreatown Recovery Redevelopment Area, this corner lot benefits from excellent frontage on Vermont Ave and W 8th St, high traffic counts, and proximity to popular LA attractions. With SBA financing available and easy access to the Wilshire/Vermont subway station and nearby freeways (CA-101, CA-110, and I-10), this property is ideal for investors or business owners seeking a prime, accessible location in one of LA’s most dynamic neighborhoods.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$444 USD /SF

CAP RATE

3.96%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

762-770 S Vermont Ave

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Drug Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,627 SF

ZONING

LAC2

APN/PARCEL ID

5077-018-001

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

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James AntonucciAPLA GROUPMore Info
818-381-6601

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