2241 S Vermont Ave - Storefront FOR SALE


Los Angeles, CA 90007- West Adams
$3,500,000 USD
310-966-4382
2241 S Vermont Ave, Los Angeles, CA for Sale
$3,500,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

2241 S Vermont Ave
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • Highly visible hard-corner location along South Vermont Avenue with ±40,000 vehicles per day.
  • Minutes from the University of Southern California and Downtown Los Angeles.
  • Easy access to I-10 Freeway carrying approximately 354,000 vehicles daily.
  • Building includes multiple service bays and gated on-site parking for operational flexibility.
  • Ability to be delivered vacant for owner-user occupancy or redevelopment opportunity.
  • Dense surrounding residential and commercial base driving strong consumer demand.

OVERVIEW

Can be delivered vacant. 2241 South Vermont Avenue presents a compelling opportunity to acquire an automotive service retail property with approximately 3,006 square feet of building area on a 13,770-square-foot parcel in Los Angeles’ Koreatown/South Los Angeles submarket. Located just south of the I-10 Freeway and less than a mile from the University of Southern California, the property offers immediate visibility along Vermont Avenue, which experiences roughly 40,000 vehicles daily. Positioned on a corridor with high traffic volume and strong residential density, the site benefits from exceptional exposure to both local and regional customers. The property’s configuration features multiple automotive service bays, gated on-site parking, and a layout suitable for continued auto-related operations or repositioning for alternative retail use. Additionally, with the ability to deliver the property vacant, investors and developers can explore redevelopment potential supported by Transit Oriented Communities Tier 3 eligibility and strong market demand. The combination of location, accessibility to major freeways, and potential for value creation makes this asset an attractive option for owner-users, operators, and forward-looking investors seeking long-term upside in a dynamic urban submarket.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$1,164 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Strip Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Auto Repair, Freestanding, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,770 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

5054-024-027

ASK ABOUT THIS PROPERTY

Milan Sigal AshleyWESTMAC Commercial Brokerage CompanyMore Info
310-966-4382

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

Milan Sigal AshleyWESTMAC Commercial Brokerage CompanyMore Info
310-966-4382

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