6551 S Vermont Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $517
MLS Listing ID 24-426751
Bedrooms 2
Year Built 1940
Lot Size 2,502 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 Los Angeles Southwest
Zoning LAC2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Ceiling Fan
Equipment None
Exterior
Garage Detached
Garage Spaces 2.0
Building
Story 1
Others
Special Listing Condition Standard