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762-770 S Vermont Ave 762 S Vermont Ave

6,671 SF 100% Leased Retail Building Los Angeles, CA 90005 $2,500,000 ($375/SF) 3.96% Cap Rate

Storefront Properties California Los Angeles 762 S Vermont Ave, Los Angeles, CA 90005

Investment Highlights

  • Month To Month Tenants
  • Excellent Frontage On Vermont Ave & W 8th St
  • Corner Lot
  • SBA Financing Available
  • CA-101, CA-110, & I-10 Freeways Nearby
  • High Traffic Count

Executive Summary

Exceptional Owner/User Opportunity at 762-770 S Vermont Ave – Prime Corner Lot in Koreatown
Take advantage of this high-visibility commercial property located on a signalized corner at 762-770 S Vermont Ave, featuring a desirable unit mix of 5 commercial spaces with month-to-month tenants. This setup provides flexibility for new owners to maximize rental potential or reimagine the space to suit their business needs.
Situated in the Wilshire/Koreatown Recovery Redevelopment Area, this corner lot benefits from excellent frontage on Vermont Ave and W 8th St, high traffic counts, and proximity to popular LA attractions. With SBA financing available and easy access to the Wilshire/Vermont subway station and nearby freeways (CA-101, CA-110, and I-10), this property is ideal for investors or business owners seeking a prime, accessible location in one of LA’s most dynamic neighborhoods.

Attachments

762-770 S. VERMONT - MARKETING PACKAGE

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,671 SF
Year Built/Renovated
1924/1990
Price
$2,500,000
Price Per SF
$375
Cap Rate
3.96%
NOI
$98,931
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.19
Land Acres
0.13 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
LAC2
Frontage
100 FT on Vermont Ave

Amenities

  • Corner Lot

Links

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Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (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.
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Walk Score® measures the walkability
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measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Royal Bank of Canada
Jons Marketplace
Bank of America
Bank of Hope
Bb.q Chicken
Buffalo Wild Wings
Starbucks
Kura Sushi USA, Inc
Chase Bank
IHOP

PROPERTY TAXES

Parcel Number 5077-018-001 Improvements Assessment $407,574
Land Assessment $800,294 Total Assessment $1,207,868

PROPERTY TAXES

Parcel Number
5077-018-001
Land Assessment
$800,294
Improvements Assessment
$407,574
Total Assessment
$1,207,868
(818) 381-6601

  • Listing ID: 33782447

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 762 S Vermont Ave, Los Angeles, CA 90005

More public record information on 762 S Vermont Ave, Los Angeles, CA 90005

The Retail Property at 762 S Vermont Ave, Los Angeles, CA 90005 is currently available For Sale. Contact APLA GROUP for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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762-770 S Vermont Ave | 762 S Vermont Ave
(818) 381-6601 x

762-770 S Vermont Ave | 762 S Vermont Ave

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James Antonucci

(818) 381-6601

(818) 381-6601

Mike Pesci

(213) 820-1335

(213) 820-1335

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