Mixed Use - Real 8.1% Cap Rate! | 6553 S Vermont Ave
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Mixed Use - Real 8.1% Cap Rate! 6553 S Vermont Ave
2,000 SF 100% Leased Industrial Building Los Angeles, CA 90044 $499,000 ($250/SF) 8.11% Cap Rate
Executive Summary
We are thrilled to present this exceptional investment opportunity, which includes a versatile mixed-use property consisting of 2 units that combine residential and commercial spaces seamlessly. This property spans 1,439 square feet on a C2 Lot (TOC-3) in the active Vermont Corridor. It features three unoccupied residential units and two commercial spaces, offering immediate potential for increased rental income for savvy investors looking to capitalize on the dynamic local market. Additionally, with two tenants on month-to-month leases, there is significant flexibility for future development or restructuring. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is strategically positioned for substantial value growth and will complement its vibrant neighborhood.
Property Facts
| Price | $499,000 | Building Class | C |
| Price Per SF | $250 | Lot Size | 0.06 AC |
| Sale Type | Investment | Rentable Building Area | 2,000 SF |
| Cap Rate | 8.11% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1922 |
| Property Subtype | Service |
| Price | $499,000 |
| Price Per SF | $250 |
| Sale Type | Investment |
| Cap Rate | 8.11% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.06 AC |
| Rentable Building Area | 2,000 SF |
| No. Stories | 1 |
| Year Built | 1922 |
Utilities
- Water
- Sewer
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Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 6014-012-002 | Improvements Assessment | $68,720 |
| Land Assessment | $121,874 | Total Assessment | $190,594 |
PROPERTY TAXES
Parcel Number
6014-012-002
Land Assessment
$121,874
Improvements Assessment
$68,720
Total Assessment
$190,594
zoning
| Zoning Code | LAC2 (Commercial Zone) |
| LAC2 (Commercial Zone) |
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Mixed Use - Real 8.1% Cap Rate! | 6553 S Vermont Ave
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