1303 S Vermont, Los Angeles, CA 90006
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1303 S Vermont, Los Angeles, CA 90006
1303 S Vermont, Los Angeles, CA 90006
1303 S Vermont, Los Angeles, CA 90006
1303 S Vermont, Los Angeles, CA 90006
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Listed by Kevin Cooper, DRE #01203855 • eXp Realty of California Inc
$ 4,500,000
Est. payment /mo
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Active

1303 S Vermont Los Angeles, CA 90006

0.28 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW26223742

Year Built 1922

Lot Size 0.278 Acres

Source California Regional MLS

Property Description

Probably the most infamous and well known intersection in all of Los Angeles, Pico Blvd and Vermont!!! This massive 17,624 sq.ft building is currently operating at a 7.77% CAP and 8.4 GRM. The property is separately metered for gas and electricity. The building is comprised of (16) apartment units and (7) commercial spaces - it is broken down in to (15) 1-Bed/1-Bath, (1) family own restaurant 30 years here (1) beer bar, (2) retail, (1) importer store, (1) tortilleria and (1) religious store. Offering immediate upside in rental income. 1303 S. Vermont Ave. is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters and business owners.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Laundry None

Exterior

Pool None

Building

Water District - Public

Others

Tax ID 5075001001

Special Listing Condition Not Applicable


MLS Listing IDX PLUS

Nearby Locations

Betsy White
Betsy White

Agent

+1(650) 861-0082 | betsy.white@exprealty.com

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1303 S Vermont