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Listed by Steven Gray • eXp Realty of Greater Los Angeles
$1,200,000
Est. payment /mo
5,252 SqFt
Active
4512 South Vermont Avenue Los Angeles, CA 90037
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Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 5,252 sqft
Price per Sqft $228
MLS Listing ID PW-25090161
Year Built 1930
Lot Size 5,252 Sqft
Property Sub-Type Commercial/Residential
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 Metropolitan South
Zoning LAC2
Interior
Heating Space Heater, Combination
Cooling None
Flooring Carpet, Tile
Fireplaces Type None
Laundry None
Exterior
Parking Features Other, Driveway
Pool None
Community Features Curbs, Urban
Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
View Y/N No
View None
Building
Lot Description Near Public Transit, Walkstreet, Yard, 0-1 Unit/Acre
Sewer Public Sewer