8905-8907 S Vermont Ave - Commercial LAND FOR SALE


Los Angeles, CA 90044 13,003 SF
$1,400,000 USD
310-909-5478
8905-8907 S Vermont Ave, Los Angeles, CA for Sale
$1,400,000 USD
Commercial LAND - FOR SALE
1/3
13,003 SF

8905-8907 S Vermont Ave
Los Angeles, CA 90044


HIGHLIGHTS

  • Corner Lot with Alley Access
  • Covered Land Play with Approximately 4.5 Cap Rate
  • 13,002 SQ. FT. Lot Zoned
  • Located in a Qualified Opportunity Zone

OVERVIEW

Marcus & Millichap is pleased to present a development site located in unincorporated Los Angeles. The opportunity can be a great covered land play, with a current gross income of $97,200. The 13,002 square . foot . site is situated on a corner with great visibility and alley access. The property is also located in a Qualified Opportunity Zone.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/ACRE

$4,690,355/AC

PRICE/SF

$108 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Apartment Units

LAND ACRES

0.3 AC

LAND SF

13,002 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LCC3YY

APN/PARCEL ID

6047-010-001,6047-010-002

ASK ABOUT THIS PROPERTY

Jon EmraniMarcus & MillichapMore Info
310-909-5478

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Jon EmraniMarcus & MillichapMore Info
310-909-5478

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