8629 S Vermont AVE, Los Angeles, CA 90044
8629 S Vermont AVE, Los Angeles, CA 90044
8629 S Vermont AVE, Los Angeles, CA 90044
20
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$1,550,000
Est. payment /mo
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4 Beds
10 Baths
6,216 SqFt
Price Dropped by $100K

8629 S Vermont AVE Los Angeles, CA 90044

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Darren Wade

Darren Wade

+1(559) 312-7467

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,216 sqft

Price per Sqft $249

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 7.76 GRM and a 8.28% 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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650

NEARBY SCHOOL & BUSINESS

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Darren Wade

Darren Wade

Broker Associate | License ID: 01910957

+1(559) 312-7467

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8629 S Vermont AVE