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5418 - 5420 S Vermont Avenue, Los Angeles, CA

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5418 - 5420 S Vermont Avenue

Los Angeles, CA 90037 - Culver City Submarket

Property Type:Retail Sub Type:Storefront Retail/Office Status:Existing , Renov 2006 Year Built:1941
Building Size:1,927 SF Land Area:.15 AC (6,499 SF)
For Sale Price:$450,000 Price/SF:$233.52
Cap Rate:6.80 %
Parking:18 Surface spaces are available; Ratio of 9.34/1,000 SF

Fully renovated in 2006, features air conditioning, storefront retail/office space, hardwood floors and each suite has its own restroom.

Sale Notes:
Brookfield Partners is pleased to present this 2 tenant storefront retail/creative office property of 1,927 square feet located south of Downtown Los Angeles. Fully renovated in 2006, the property features a newer 5-ton HVAC system, hardwood and tile flooring, newer plumbing and electrical, 10 parking spaces on a 6,499 square foot lot with gated entry, closed circuit camera and alarm system, and 50 feet of frontage on Vermont Avenue with average daily traffic of over 22,000 cars.
The asset is comprised of 2 separate retail/office units and an additional office unit in the rear. The property was used at one time as a restaurant and there' s an unused grease trap for potential restaurant use in the future. An owner user who occupies at least 51% of the space could qualify for 90% SBA financing. Please contact listing agent for loan options.

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

Darin Spillman
(818) 699-1605

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