$699,000
6551 S Vermont AVE Los Angeles, CA 90044
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$699,000
Est. payment /mo
2 BD
2 BA
1,350 SqFt
Price Dropped by $46K
6551 S Vermont AVE Los Angeles, CA 90044
UPDATED:
10/24/2024 06:32 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $517
MLS Listing ID 24426751
Bedrooms 2
HOA Y/N No
Year Built 1940
Lot Size 2,500 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 C34 - Los Angeles Southwest
Zoning LAC2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Attached Garage No
Total Parking Spaces 2
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6014012001
Special Listing Condition Standard
Listed by Armin Soleimani • Global Platinum Properties, Inc.
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