Address
1101 N Vermont Avenue Los Angeles, CA
Price
$ 8,750,000
Property Attributes
  • MLS#OC20184888
  • TypeCommercial
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90029
  • StyleOffice
  • Price$ 8,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
James Kezios with Pacific Sotheby's Int'l Realty.
Data Source:
CRMLS
Property Description

Pleased to present a portfolio of properties located at 1101 N Vermont Ave, 1117 N Vermont Ave, and 4705 Santa Monica Blvd. All three properties are adjacent to one another, conveniently located on the northwest corner of Santa Monica Blvd and N Vermont Ave. This location offers maximum exposure by being across the street from Metro’s Vermont/Santa Monica station and on the corner of a four way signaled intersection. These three properties combined, are situated on 24,106 square-feet of land zoned LAC2 and benefits from Tier 4 TOC incentives. Additionally, these properties are located within a Qualified Opportunity Zone. 1101 N Vermont Ave consist of a 12,708 square foot office building. 1117 N Vermont Ave is a 5,488 square foot parking lot. 4705 Santa Monica Blvd consist of a 3,721 square foot office building. Total combined parking is approximately 10,988 square feet. By being centrally located and just blocks away from Los Angeles City college these properties benefit from good transit and high walking scores. The immediate area is benefiting from rapid growth, with multiple new and upcoming developments nearby. This portfolio of properties, offers an ideal investment opportunity for developers to capitalize on the location and maximize its potential.All three properties are to be sold together. Please reference Listing ID OC20184293 and OC20184934 to see other properties.

Price History
9/6/2020 Listed $9,500,000
1/20/2021 8% - $8,750,000

General Features

Additional Parcels Y/N Yes
Heating Forced Air
MLS Area 699 - Not Defined
Property SubType Office
Property Type Commercial Sale
Zoning LAC2

Interior Features

Heating Y/N Yes
Laundry Features None

Exterior Features

Lot Features Corner Lot, Near Public Transit
Lot Size Acres 0.16
Lot Size Area 6942
Lot Size Source Assessor
Lot Size Square Feet 6942
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90029

Price
AVG $3.43M
$8.75M
Visits
AVG 57
173
Year Built
AVG 1937
1924
Walkscore
AVG 89
94
Data Provided by Walkscore ® not using MLS data

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