8629 S Vermont Avenue, Los Angeles, CA 90044

$1,550,000
4
BD
10
BA
6,216
SqFt

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List Price
$1,550,000
Price Change
▼ $100,000 1782163555
Status
ACTIVE
MLS#
26656519
Year Built
1927
Bedrooms
4
Bathrooms
10
Living Sq. Ft
6,216
Lot Size
10,401
Acres
0.24
Days on Market
157
Property Type
Multifamily
Stories
Two Levels

Property Description

We are proud to present 8629 S Vermont Ave, a rare, creative compound in Los Angeles, offered at an 7.76 GRM and a 8.28% CAP on actual rents, with 19 parking spaces available on site. This mixed-use property is comprised of one, two-story building consisting of a total of 6,216 rentable square feet. Built in 1927 the property has undergone significant renovations and sits on an LCC3YY zoned two parcel assemblage corner lot with street access on two sides plus alley access totaling 10,401 square feet of land. The unit mix features four (4) studios, four (4) one-bedroom one-bathroom units, and two (2) commercial units currently occupied by the seller. The second parcel is a paved lot, currently being used as parking with gated and remote access, offering a total of 19 secure on-site parking spaces with fantastic ingress/egress with parking access from Vermont Ave and the alley. Located on the corner of W 87th St and Vermont Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, Gardena and Crenshaw. Contact the listing broker for additional information.

Additional Information

Heat
Wall Furnace
Exterior Construction
Brick
Attached Structure
Attached
Number Of Units Total
10

Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.