$745,000
- Beds
- 2
- sq ft
- 1,350
6551 S Vermont Ave, Los Angeles, CA 90044
6551 S Vermont Ave
Los Angeles, CA 90044
- 38 days on market
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.
Details
Property type
Lot size
2,502 sq ft
Price per sq ft
$552
Year built
1940
HOA
No
Price History
08/12/2024
CLAW #24426751
Listed
$745,000
Schools & Community
Neighborhood:
South Los Angeles
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 09/20/2024 at 3:40 AM
Listing updated: 08/23/2024 at 12:03 PM
Listed by: Armin Soleimani, Global Platinum Properties, Inc. Phone #: (424) 394-1030
MLS: CLAW #24426751
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