Offered at $695,000. Owner is motivated and seeking a straightforward, timely close — making this an ideal opportunity for a buyer ready to move decisively. No demolition cost, no hazardous materials risk, no tenant relocation delays — move directly from acquisition into design and entitlement.
Prime corner development opportunity on a high-visibility 7,500 square foot C2-zoned vacant lot at the intersection of Vermont Avenue and West 65th Street in Los Angeles. This blank canvas parcel offers a developer, investor, or owner-user exceptional flexibility with one of the most permissive commercial zoning designations in the City of Los Angeles.
C2 zoning permits a wide range of uses by right including multifamily residential at R4 density, mixed-use development with ground floor retail and residential above, restaurant and food & beverage, medical and professional office, hotel, childcare, and automotive uses — making this site suitable for virtually any development vision. With TOC incentives likely applicable given proximity to Metro bus lines on Vermont Avenue, a developer may qualify for density bonuses of 50 to 70 percent above baseline, potentially yielding 27 to 30-plus units. Under base C2 zoning with R4 density, the site accommodates approximately 18 units by right, with an estimated buildable area ranging from 11,250 to 33,750 square feet depending on the entitlement path pursued.
The lot itself is flat, fully cleared, and ready for immediate development with no existing structures, no demolition requirements, and no improvements to remove. The rectangular configuration maximizes the buildable footprint while accommodating required setbacks, parking, and open space. Dual street frontage on Vermont Avenue and West 65th Street provides superior visibility from multiple directions — a premium asset for any retail or mixed-use ground floor activation. Utilities including water, sewer, gas, and electrical are available in the street.
Located 1.5 miles south of USC, 0.5 miles from the Vermont/Athens commercial district, minutes from the Metro E Line, and with easy access to the 110 Freeway via Gage Avenue — this site sits at the center of a densely populated trade area with consistent demand for housing, retail, and services.
All development potential figures are estimates only. Buyer to conduct independent due diligence and verify with the City of Los Angeles Department of City Planning and LA County Assessor prior to close of escrow.