REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,425,000
Est. payment /mo
Price Dropped by $125K
8629 S Vermont AVE Los Angeles, CA 90044
4 Beds
10 Baths
6,216 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,216 sqft
Price per Sqft $229
MLS Listing ID 26656519
Bedrooms 4
HOA Y/N No
Year Built 1927
Lot Size 10,402 Sqft
Lot Dimensions Assessor
Property Description
We are proud to present 8629 S Vermont Ave, a rare, creative compound in Los Angeles, offered at an 7.38 GRM and a 8.45% CAP on actual rents, with 19 parking spaces available on site. This mixed-use property is comprised of one, two-story building consisting of a total of 6,216 rentable square feet. Built in 1927 the property has undergone significant renovations and sits on an LCC3YY zoned two parcel assemblage corner lot with street access on two sides plus alley access totaling 10,401 square feet of land. The unit mix features four (4) studios, four (4) one-bedroom one-bathroom units, and two (2) commercial units currently occupied by the seller. The second parcel is a paved lot, currently being used as parking with gated and remote access, offering a total of 19 secure on-site parking spaces with fantastic ingress/egress with parking access from Vermont Ave and the alley. Located on the corner of W 87th St and Vermont Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, Gardena and Crenshaw. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LCC3YY
Interior
Heating Wall Furnace
Inclusions Both APNs: 6047-003-007 & 6047-003-006
Fireplace No
Exterior
Parking Features Uncovered
Total Parking Spaces 19
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6047003007
Special Listing Condition Standard
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650