Views
Address
1923 S Vermont Avenue Los Angeles, CA
Price
$ 2,500,000
Property Attributes
  • MLS#21709486
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90007
  • Style
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10,456 SqFt
Listing Provided Courtesy Of:
Neema Ahadian with Marcus & Millichap.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

1917-1923 South Vermont Avenue in an owner-user, investment, or development opportunity in Pico Union one block southeast of W Washington Blvd adjacent to Downtown Los Angeles and situated just off the I-10 and I-110, a superb central location with convenient access to employment opportunities, education, shopping destinations, entertainment, nightlife, and public transportation. The site currently consists of two auto repair tenants and a small restaurant who are on month-to-month gross leases; current income is $119,432 annually. This investment opportunity is ideal for an owner-user to take over the automotive shop or restaurant while collecting income from leasing the other spaces or to takeover the entire property to operate a business. The subject property built in 1935 is currently zoned C2-2D-CPIO in a Tier 3 TOC on a 10,455 SF lot in a highly trafficked location.

Price History
3/23/2021 Listed $2,500,000

General Features

Listing Agent Neema Ahadian - BRE#01346750
Listing Agent State License 01346750
MLS Area C16 - Mid Los Angeles
Property Type Land
Special Listing Conditions Standard
Status Active
View City Lights
Zoning C2-2D-CPIO in a Tier 3 T

Exterior Features

Lot Size Acres 0.24
Lot Size Area 10456
Lot Size Square Feet 10456
Lot Size Units Square Feet
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 90007

Price
AVG $2.5M
$2.5M
Visits
AVG 41
41
Walkscore
AVG 88
88
Data Provided by Walkscore ® not using MLS data

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