2207 S Vermont Ave - Storefront Retail/Office FOR SALE


Los Angeles, CA 90007- West Adams
$1,995,000 USD
818-939-4058
2207 S Vermont Ave, Los Angeles, CA for Sale
$1,995,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | Request Cap Rate

2207 S Vermont Ave
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • SALE SUBJECT TO COURT CONFIRMATION AND OVERBID PROCESS. CONTACT BROKER FOR DETAILS
  • Recently expanded and renovated in 2018 with modern systems, upgraded electrical, plumbing, and HVAC throughout
  • Flexible layout suitable for office, showroom, retail, warehouse, storage, medical, creative, and other commercial uses
  • Fully secured and gated site with seven on-site parking spaces and rear access from W. 22nd Street
  • Unique drive-through commercial bay with front and rear roll-up door access, approximately 10’ clearance, and flexible functionality
  • Fully built-out second floor office space with private offices, conference room, reception area, kitchen, storage, and open work areas

OVERVIEW

2207 S. Vermont Avenue presents a rare opportunity for an owner-user to acquire a newer construction, high-visibility commercial building with flexible retail, office, showroom, warehouse, and storage functionality in the heart of Central Los Angeles. Originally built in 1925, the property was substantially expanded and fully renovated in 2018. The property will be delivered vacant and consists of approximately 3,664 square feet across two levels on a fully secured 6,810 square foot lot with gated rear parking and dual access from both Vermont Avenue and W. 22nd Street. The building was thoughtfully designed to accommodate a wide variety of commercial users. The ground floor consists of two distinct spaces, including a traditional storefront/showroom space fronting Vermont Avenue and a unique drive-through commercial bay featuring roll-up doors at both the front and rear of the building with approximately 10-foot clearance. This space can function as secured storage, warehouse area, showroom space, covered parking, or can remain open for direct drive-through access to the rear gated parking lot. The second floor is improved with a professional office buildout consisting of multiple private offices, conference room, reception area, kitchen/break area, storage, and open workspace. Positioned immediately adjacent to the Santa Monica (10) Freeway with visibility to over 345,000 vehicles per day, the property offers exceptional branding and signage exposure in one of Los Angeles’ most centralized infill locations. The property provides immediate access to the 10 and 110 Freeways and is centrally located to Downtown Los Angeles, USC, Koreatown, West Adams, Mid-Wilshire, and South Los Angeles. Additionally, the property is located within a State Enterprise Zone, which may provide qualifying businesses with potential tax incentives and employment-related benefits, further enhancing the appeal for owner-users and operating businesses.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$544 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,615 SF

ZONING

C2

APN/PARCEL ID

5054-023-023,5054-023-040

ASK ABOUT THIS PROPERTY

Andrew LeffThe CREM GroupMore Info
818-939-4058

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Andrew LeffThe CREM GroupMore Info
818-939-4058

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.