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11500 - 11510 S Vermont Avenue, Los Angeles, CA

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11500 - 11510 S Vermont Avenue

Los Angeles, CA 90044-6522 - Hawthorne/Gardena Submarket

Property Type:Office Sub Type:Medical Status:Existing Year Built:1973
Stories:2 Typical Floor:6,909 SF Building Size:14,906 SF
For Sale Price:$2,495,000 Price/SF:$167.38
Cap Rate:-
Parking:49 Surface spaces are available; Ratio of 3.28/1,000 SF

Sale Notes:
Hudson Partners and BRC Advisors have been exclusively retained to market a contiguous three property portfolio of medical/commercial office buildings, situated at the corner of Vermont Avenue and West 115th street. The first building is 11500 Vermont Avenue, a mixed-use corner property with a single-tenant on a master lease. It has 4 apartment units on the upstairs portion, with a unit mix of (1) 2 bd +1 1/2 ba, (3) 1 bd + 1 ba and the ground-floor is currently a dispensary. The middle building is two-story medical property, consisting of four month-to-month tenants and includes a 2,500lb and 16 person capacity elevator for its patrons. The third structure is a free-standing dental building and is approximately 1,088 SF. There is plenty of parking and the buildings have excellent ingress/egress from Vermont Ave. and 115th Street.
This opportunity is ideal for an Owner-user Buyer, who could obtain 90% SBA Financing and occupy at least 51% of the premises. Seller would prefer to sell all properties and parcel together and have not established a break up value, creating a higher break up value for a future Owner.
Nestled between the northwest interchange of the 110 and 105 freeways, immediately next to Vermont/Athens Metro Station. Just 0.8 miles west of this development site is the campus of Los Angeles Southwest College, walking distance away and 1.5 miles away from Chester Washington Golf Course. There is a massive pending multi-family project immediately to the south as well.

Hudson Commercial Partners, Inc [Hudson Partners]
Jay Martinez
(818) 699-1601

BRC Advisors
Elizabeth Clark
(310) 525-3702

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