11316 S Vermont, Los Angeles, CA 90044

$2,620,000

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List Price
$2,620,000
Status
ACTIVE
MLS#
PW26159403
Year Built
1928
Lot Size
15,681
Acres
0.36
Lot Location
0-1 Unit/Acre, Level, Near Park, Near Public Transit, Paved
Days on Market
53
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

PRICE REDUCTION — HIGHEST & BEST OFFERS NOW BEING ACCEPTED! BUSINESS OWNERS & INVESTORS — THIS IS YOUR OPPORTUNITY! STOP BY, TAKE A LOOK, AND SEE THE POTENTIAL FOR YOURSELF! Recently reduced price on this versatile mixed-use property with multiple structures, income-producing potential, and flexible FOR SALE, FOR LEASE, AND LEASE-TO-OWN OPTIONS. This exceptional property features four contiguous APNs in a prime Los Angeles location along Vermont Avenue, offering a combination of commercial, residential, and parking uses. The property includes two warehouses, a remodeled 5-bedroom, 2-bath residence, and a secured parking lot of over 6,000 square feet. The property has undergone extensive improvements and features gated access, on-site parking, flexible warehouse space, and excellent street frontage. The rear residence has generated approximately $5,000 per month in rental income, while each warehouse offers potential rental income of approximately $7,000 per month. The secured parking area has also previously been leased to food truck operators, providing an additional potential income source. With multiple structures and a flexible layout, this property may appeal to business owners, investors, and owner-users looking for a combination of operational space and rental income. FOR LEASE AND LEASE-TO-OWN OPTIONS ARE AVAILABLE, providing additional flexibility for qualified parties. Conveniently located near major freeways, commercial corridors, and surrounding businesses. RECENTLY REDUCED PRICE — DON'T MISS OUT! HIGHEST & BEST OFFERS ARE NOW BEING ACCEPTED. STOP BY AND CHECK OUT THIS GREAT OPPORTUNITY BEFORE IT'S GONE! Seller financing may be available for qualified buyers. Buyer and buyer's agent to independently verify all information, including zoning, square footage, permits, income, allowable uses, and development potential.

Additional Information

Heat
None
Cooling Description
None
Exterior Construction
Brick, Drywall, Other, Concrete
Water
Public
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Katherin Carcamo Williams (buyacasatoday@gmail.com) from Listing Office: Coldwell Banker Envision.

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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.