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7021 S Vermont Ave

9,334 SF Retail Building Los Angeles, CA 90044 $2,495,000 ($267/SF)

Executive Summary

We are proud to present 7021 S Vermont Ave & 1000 W 70th St (2 APNs), which consists of a 9,334sf located on 17,828sf of land. The commercial property is configured with a 5,260sf auto use building and an adjacent 4,074 SF commercial building, respectively, in the heart of Los Angeles. With (3) single door bays and (2) doublewide bays, along with ample parking on a corner lot with high visibility and street exposure, this property is well positioned for a commercial automotive tenant in an extremely dense market with hundreds of thousands of potential customers. With the second, adjacent commercial building off of 1000 W 70th St, this opportunity offers multiple investment strategies, whether it be an owner-user, investor, or developer. Contact the listing broker for additional information.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,334 SF
Building Class
B
Year Built
1947
Price
$2,495,000
Price Per SF
$267
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Land Acres
0.41 AC
Zoning
C2 - South Los Angeles Community Plan Implementation Overlay District
Parking
10 Spaces (1.07 Spaces per 1,000 SF Leased)
Frontage
97 FT on S Vermont Ave

Amenities

  • Corner Lot
Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (70)
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 Numbers
Multiple
  • 6014-029-004
  • 6014-029-003
Land Assessment
$1,848,968
Improvements Assessment
$312,897
Total Assessment
$2,161,865
  • Listing ID: 32464580

  • Date on Market: 7/15/2024

  • Last Updated:

  • Address: 7021 S Vermont Ave, Los Angeles, CA 90044

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