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1637 S Vermont Ave - Land for Apartment,Hotel,Shopping Center

0.29 Acres of Commercial Land Offered at $2,580,000 in Los Angeles, CA 90006

Executive Summary

Location, location, location!!! 12,750 SF of vacant land most amazingly situated on Vermont Avenue in a densely populated area within prime Koreatown. Close in proximity to the I-10 freeway as well as many great amenities including restaurants, drive-thru eateries, convenience store, basic necessities, etc. The area benefits from influence by various communities and provides convenient access to Downtown as well. Fantastic opportunity for investors and developers to construct a mix-use retail/residential building. Uses for the potential building include apartment, condominium, boutique hotel, etc.

Property Facts

Price $2,580,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units - Condo
Total Lot Size 0.29 AC

1 Lot Available

Lot

Price $2,580,000
Price Per AC $8,814,486
Lot Size 0.29 AC

12,750 SF vacant land lot in a phenomenal location in close proximity to the heart of Koreatown. Extraordinary potential with C2 zoning to build a commercial/residential mix-use building.

Walk Score ®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5075-016-027
Land Assessment
$2,063,708
Improvements Assessment
$0
Total Assessment
$2,063,708

zoning

Zoning Code C2-2D-CPIO
C2-2D-CPIO
  • Listing ID: 32045605

  • Date on Market: 6/6/2024

  • Last Updated:

  • Address: 1637 S Vermont Ave, Los Angeles, CA 90006

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