CA > Los Angeles
Los Angeles, CA 90044,6551 S Vermont Ave
Los Angeles, CA 90044,6551 S Vermont Ave
Los Angeles, CA 90044,6551 S Vermont Ave
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$699,000
Est. payment /mo
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2 BD
2 BA
1,350 SqFt
Price Dropped by $46K

6551 S Vermont Ave Los Angeles, CA 90044

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Jason Tomei

Jason Tomei

+1(702) 802-8142

UPDATED:

10/24/2024 06:20 PM

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

Acres 0.0574

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

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Global Platinum Properties, Inc.

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Jason Tomei

Agent | RE.S.0176035

+1(702) 802-8142

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6551 S Vermont Ave