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4248 S Vermont Avenue, Los Angeles, CA

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4248 S Vermont Avenue

Los Angeles, CA 90037 - Vermont Harbor MF Submarket

Property Type:Multi-Family Number of Units:7 Status:Existing Year Built:1913
Stories:1 Building Size:8,928 SF Land Area:.2 AC (8,751 SF)
For Sale Price:$1,500,000 Price/Unit:$214,285.71 Cap Rate:- GRM:-


Sale Notes:
Reduced by $400,000. Motivated seller. Located less than a mile from the USC Campus and the Expo/Vermont light rail station linking Downtown L.A. to the beach, this mixed use offering presents a great value add opportunity. Situated at the southeast corner of Vermont Avenue and 42nd Place, the asset consists of 3 structures totalling nearly 9,000 square feet. The 2 parcels total 8,750 square feet of land, with C2 zoning. There are approximately 6 parking spaces. Buildings consist of a 2,442 SF duplex of a 3+1 and a 2+1 apartment unit, one on each floor; a 5,576 SF mixed use building of 5 single apartments over one retail unit (furniture store that could be divisible into 2 units); and a 910 SF building with a restaurant tenant.

Motivated Seller Looking to Avoid REAP
Southeast corner of Vermont and 42nd Place.

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

Darin Spillman
(818) 699-1605

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