Homes for sale - 6551 S Vermont AVE, Los Angeles, CA 90044

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$699,000

Est. payment - /mo

2 Beds

2 Baths

1,350 SqFt

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UPDATED:

10/24/2024 06:32 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,350 sqft

Price per Sqft $517

MLS Listing ID 24426751

Bedrooms 2

HOA Y/N No

Year Built 1940

Lot Size 2,500 Sqft

Property Description

We are thrilled to present an excellent investment opportunity that includes 3 mixed-use units combining residential and commercial potential. This property covers 1,424 square feet on a C2 Lot (TOC-3) in the vibrant Vermont Corridor. It consists of 2 residential units and 1 commercial space, with RTI plans in place to convert the garage into an ADU. The current vacancies offer immediate potential for increased rental income, making it attractive to savvy investors looking to capitalize on the active local market. Additionally, with two tenants on month-to-month leases, there is significant flexibility for future development or reorganization. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is well-positioned for substantial value growth and will enhance its lively neighborhood.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAC2

Interior

Heating Wall Furnace

Fireplace No

Exterior

Attached Garage No

Total Parking Spaces 2

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6014012001

Special Listing Condition Standard

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Listed by Armin Soleimani • Global Platinum Properties, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

6551 S Vermont AVE Los Angeles, CA 90044