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5970 S Vermont Ave.

Los Angeles (City), CA 90044
  • $2,498,000
  • STATUS: Active
  • ON SITE: 92 Days
  • ID#: AR24121235
UPDATED: 48 min ago
$2,498,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1931
County:

School Ratings & Info

Listing Agent(s): Yuemei Cheng of Re/Max Prestige Properties (949-204-3678)


Description

Location! Location! Location ! This commercial retail plaza is composed by two parcels with large parking lot ( fenced) which is one story.There are 5 units that are recently renovated. Total building is 5,180 square feet.on lot size of 11027 sqft on the corner of Vermont and 60th street in DTLA very close to USC , built in 1931. It has 9 parking spots, fully built-out, brand new LED lights, high ceiling , new paint and new landscaping. Zoning is retail.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-19T20:36:21.103. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/151765516
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5970 S Vermont Ave. Los Angeles (City), CA 90044

  • Price: $2,498,000
  • Status: Active
  • On Site: 92 Days
  • Updated: 48 min ago
  • ID#: AR24121235
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1931
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Location! Location! Location ! This commercial retail plaza is composed by two parcels with large parking lot ( fenced) which is one story.There are 5 units that are recently renovated. Total building is 5,180 square feet.on lot size of 11027 sqft on the corner of Vermont and 60th street in DTLA very close to USC , built in 1931. It has 9 parking spots, fully built-out, brand new LED lights, high ceiling , new paint and new landscaping. Zoning is retail.
Exterior Features

Entry Level 1 Fencing Cross FencedExcellent Condition Lot Features Corner Lot Parking Total 9 Sign On Property YN No

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Business Type Commercial Cap Rate 2.31 Common Interest None Current Financing None Gross Scheduled Income 96000 Insurance Expense 7000 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventional1031 Exchange Net Operating Income 57684.77 Property Sub Type Retail Security Features Fire Sprinkler SystemSmoke Detector(s) Special Listing Conditions Standard Tax Year 2024 Utilities Cable AvailableElectricity AvailableNatural Gas Available Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-19T20:36:21.103. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Yuemei Cheng of Re/Max Prestige Properties (949-204-3678)