11316 S Vermont Avenue
Los Angeles, CA 90044
Active Under Contract for $2,300,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 16,000 sqft
| MLS | PW24188285 |
| Year Built | 1928 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active Under Contract |
| Active Under Contract | $2,300,000 |
| Structure Size | N/A sqft |
| Lot Size | 16,000 sqft |
| Beds | N/A |
| Baths | N/A |
Description
This listing includes three distinct areas: 11316-11318 S. Vermont Ave., Los Angeles, CA 90044, which features an approximately 8,000 SF lot with a 4,632 SF retail building, and 11331 Southwest Blvd., Los Angeles, CA 90044, an 8,198 SF parking lot. The 4,632 SF retail building, located in a prime roadside position, previously generated $10,000 per month in rental income, while the adjacent 8,200-square-foot parking lot adds an additional $4,000 per month. This presents a prime opportunity for an owner-user or investor, with a profitable commercial property in a thriving and highly accessible location, just under 10 minutes from Freeways 110, 105, and 710. With continuous development in the area in anticipation of the 2028 LA Olympics, this property offers excellent potential for future value appreciation. Additionally, it is conveniently located within 5 miles of SoFi Stadium, making it perfectly positioned for growth. Don’t miss out on this exceptional investment opportunity.
Listing information courtesy of: Peter Lee, Coldwell Banker Best Realty 2138208005. *Based on information from the Association of REALTORS/Multiple Listing as of 11/25/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Patricia Sarkisyan
REALTOR®
Direct: 818.731.0091
Email: Email Me
DRE: 01966170
DRE #01873088
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