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% Cap Rate

522 W VERNON Ave
Los Angeles, CA 90037
Vermont Harbor


HIGHLIGHTS

  • Two separate buildings on one lot
  • rare combination of stable cash flow, development upside, and flexible use

OVERVIEW

Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. 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 owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. 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 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%

% 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.