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Vermont Auto Plaza 2241 S Vermont Ave

3,006 SF 100% Leased Retail Building Los Angeles, CA 90007 $3,500,000 ($1,164/SF)

Investment Highlights

  • RECENT PRICE REDUCTION - OVER $500,000
  • Located less than a mile away from USC – within patrol zone
  • Multi-Family redevelopment or owner/user opportunity - Tier 3 TOC with ED 1 Eligibility
  • Potential to be delivered 100% vacant
  • Strategically situated on hard corner with high traffic counts
  • Frontage along Vermont Ave from 22nd Pl to 23rd St

Executive Summary

RECENT PRICE REDUCTION - OVER $500,000
Subject property is located on a hard corner in Koreatown. Includes 3,006 SF GLA on 13,770 SF of land. Property can be delivered 100% vacant. Owner/user or multifamily redevelopment.

Attachments

2241SVermont

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,006 SF
Building Class
B
Year Built
1958
Price
$3,500,000
Price Per SF
$1,164
Percent Leased
100%
Building Height
1 Story
Building FAR
0.22
Land Acres
0.32 AC
Zoning
C2, Los Angeles - Commercial
Parking
17 Spaces (9.31 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (79)
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.®

Nearby Major Retailers

Starbucks
U.S. Bank
Ralphs
Yoshinoya
DRNK Coffee + Tea / Qwench
Capriotti's
CorePower Yoga LLC
CAVA
Trader Joe's
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5054-024-027
Land Assessment
$669,071
Improvements Assessment
$808,464
Total Assessment
$1,477,535
  • Listing ID: 32249479

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 2241 S Vermont Ave, Los Angeles, CA 90007

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