Los Angeles, CA 90037,4512 S Vermont AVE
Los Angeles, CA 90037,4512 S Vermont AVE
Los Angeles, CA 90037,4512 S Vermont AVE
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$1,200,000
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5,253 Sqft Lot
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4512 S Vermont AVE Los Angeles, CA 90037

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Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25090161

Construction Status Fixer,Repairs Cosmetic,Repairs Major

HOA Y/N No

Year Built 1930

Lot Size 5,253 Sqft

Property Sub-Type Mixed Use

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

Zoning LAC2

Interior

Interior Features All Bedrooms Down

Heating Combination, Space Heater

Cooling None

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Gas Range, Refrigerator, Water Heater

Laundry None

Exterior

Parking Features Driveway

Fence Chain Link

Pool None

Community Features Curbs, Urban

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Near Public Transit, Walkstreet, Yard

Story 1

Entry Level One

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Fixer,Repairs Cosmetic,Repairs Major

Others

Senior Community No

Tax ID 5018008014

Security Features Window Bars

Energy Description 1.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Steven Gray • eXp Realty of Greater Los Angeles • 6266691917

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agent

Socorro Garcia

Broker Associate | License ID: 1377130

+1(909) 206-7458

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4512 S Vermont AVE