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7117 S Vermont Ave
Los Angeles, CA 90044
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Even through this very difficult time of Covid 19 - all tenants were paying their NNN rents in the timely manner
  • 100% occupied with National tenant - Seven Eleven with Corporate Lease & NNN Multiple long term Tenancy
  • Stable Cash flowing Asset
  • Partial Seller Financing Available - 1031 Exchange and all cash buyers
  • Excellent Freeway access,Just north off 105 and west off 110 freeways.
  • 4.9% current market cap rate.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,700 SF
Building Class
B
Year Built
1994
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.46
Lot Size
0.33 AC
Zoning
C2
Parking
19 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
117’ on S Vermont Ave

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

ABOUT 7117 S VERMONT AVE , LOS ANGELES, CA 90044

Executive Summary 7117 South Vermont Avenue Investment Opportunity with the partial Seller Financing for 1031 Exchange or cash Buyers. Smart Realtors a Commercial and Residential brokerage company is pleased to present the opportunity to acquire, 7117 south Vermont Avenue in Los Angeles California. The Smart Realtors is newly founded on the principals of customization and personal service. The smart realtors Company is a mood away from the typical mammoth real estate companies. We focus our attention on intimately knowing community, our expertise is central to the local real estate markets. This single parceled 7117 south Vermont strip- shopping center is situated on hard corner signalized intersection and is comprising of a multi tenants one story commercial building approximately 6700* SF and a parking lot. This ideal frontage retail opportunity is anchored with high traffic Seven Eleven with the Corporate Lease and Fred Loya national brands with a good visibility. The total land size is approximately 14462 SF. There are approximately nineteen (19) parking spaces in the parking lot. The property is zoned C2 – commercial which permits the use of the property as the retail center (no expiration date). Located along the Vermont Avenue, 7117 S Vermont Avenue is walking distance to an abundance of retailers, restaurants and businesses. 7117 South Vermont Avenue offers buyers well maintained building offering a ease of management, stable cash flow with true NNN long term leases and easily accessible by public transportation. (* 6700 sqft from building permit and Building Plot)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6014-036-018
Land Assessment
$2,381,350
Improvements Assessment
$887,593
Total Assessment
$3,268,943
  • Listing ID: 17755180

  • Date on Market: 11/18/2019

  • Last Updated:

  • Address: 7117 S Vermont Ave, Los Angeles, CA 90044

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