6551 S Vermont Avenue
Los Angeles, CA 90044
$46,000.00 (-6.17%)
Active for $699,000
Beds: 2 Baths: 2 Structure Size: 1,350 sqft Lot Size: 2,502 sqft
| MLS | 24426751 |
| Year Built | 1940 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $699,000 |
| Structure Size | 1,350 sqft |
| Lot Size | 2,502 sqft |
| Beds | 2 |
| Baths | 2 |
Description
We are thrilled to present an excellent investment opportunity that includes 3 mixed-use units combining residential and commercial potential. This property covers 1,424 square feet on a C2 Lot (TOC-3) in the vibrant Vermont Corridor. It consists of 2 residential units and 1 commercial space, with RTI plans in place to convert the garage into an ADU. The current vacancies offer immediate potential for increased rental income, making it attractive to savvy investors looking to capitalize on the active local market. Additionally, with two tenants on month-to-month leases, there is significant flexibility for future development or reorganization. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is well-positioned for substantial value growth and will enhance its lively neighborhood.
Listing information courtesy of: Armin Soleimani, Global Platinum Properties, Inc. 310-666-2246. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 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®
Jon Javier Otworth
REALTOR®
Direct: 818.564.5062
Email: Email Me
DRE: 01491726
DRE #01873088
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