522 W VERNON Ave - Day Care Center FOR SALE


Los Angeles, CA 90037- Vermont Harbor
$1,600,000 USD
424-313-2744
522 W VERNON Ave, Los Angeles, CA for Sale
$1,600,000 USD
Day Care Center - FOR SALE
1/48
null | 8.44% Cap Rate

NEW


522 W VERNON Ave
Los Angeles, CA 90037
Vermont Harbor


HIGHLIGHTS

  • Two separate buildings on one lot
  • Strong existing income with opportunity for growth
  • rare combination of stable cash flow, development upside, and flexible use

OVERVIEW

Excellent income-producing property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure currently leased to a child care center paying $7,500 per month, month-to-month, with a tenant ready to sign a long-term lease. The space is well-maintained and ideal for continued use as a preschool, daycare, or educational facility. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio. The lower level is currently used as a playground area for the daycare. The owner is in the process of constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. The residential units will be delivered VACANT. Two separate buildings on one lot. Substantial existing income with growth potential. Commercial tenant willing to sign a long-term lease. Additional ADU under construction for added value. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors or owner-users seeking a multi-purpose asset in a growing area.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$478 USD /SF

CAP RATE

8.44%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,077 SF

ZONING

LAC2

APN/PARCEL ID

5018-033-017

ASK ABOUT THIS PROPERTY

Shahram ShamounpourCalifornia Luxury InvestmentsMore Info
424-313-2744

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Shahram ShamounpourCalifornia Luxury InvestmentsMore Info
424-313-2744

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