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Listed by Steven Gray • eXp Realty of Greater Los Angeles
$ 1,000,000
Est. payment /mo
Price Dropped by $200K
4512 S Vermont AVE Los Angeles, CA 90037
5,252 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25090161
Year Built 1930
Lot Size 5,252 Sqft
Source California Regional MLS
Property Description
This mix-use property presents a rare RTI (Ready-to-Issue) development opportunity with approved plans and permits to develop a 14 unit all 1B/1B multifamily project, this property is perfect for developers seeking a value-add investment with significant upside. The lot currently includes two buildings, one of which is boarded up, and has an existing tenant (seller will deliver vacant as part of offering and asking price). The location offers excellent visibility and is surrounded by residential and commercial properties, making it ideal for mixed-use or multifamily housing. The tenant will be vacated before COE, and RTI delivered approved and ready at COE.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Rooms
Kitchen Oven Range - Gas, Refrigerator, Oven - Gas
Interior
Heating Space Heater, Multi Type
Cooling None
Laundry None
Exterior
Parking Features Other
Pool None
View None
Roof Type Shingle
Building
Story One Story
Foundation Concrete Perimeter, Concrete Slab
Water Hot Water, District - Public
Others
Tax ID 5018008014
Special Listing Condition Not Applicable
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