6628 S Vermont Ave - Assisted Livings FOR SALE


Los Angeles, CA 90044- South Central LA
$1,300,000 USD
6628 S Vermont Ave, Los Angeles, CA for Sale
$1,300,000 USD
Assisted Livings - FOR SALE
1/7
null | Request Cap Rate

6628 S Vermont Ave
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • Assisted Living
  • Transitional Housing
  • Reentry Housing
  • Supporting Housing
  • Redevelopment Opportunity

OVERVIEW

Rare, Permit-Ready Transitional Housing Opportunity – South Los Angeles Positioned in the heart of a high-demand corridor, this is a unique opportunity to acquire and complete a partially constructed Emergency Housing / Transitional Housing / Independent Living facility designed to serve Los Angeles’ growing need for supportive housing solutions. Significant progress has already been made, with approved permits in place and substantial interior build-out completed for a 16-bedroom residential program. The project is strategically configured to accommodate short-term, bridge, and longer-term independent living under the assisted living umbrella, making it ideal for operators serving high-risk, reentry, or underserved populations. This offering is perfectly suited for established providers seeking immediate expansion in a supply-constrained submarket, with the ability to accelerate timeline to occupancy by stepping into an already advancing project. The layout and use case align with strong demand drivers across transitional housing, emergency placement, and supportive living programs throughout South Los Angeles. Located along a major corridor with excellent accessibility, the property benefits from proximity to public transportation, community resources, and key service areas—critical components for program success and long-term operational stability. Highlights: Permits issued – avoid lengthy entitlement process 16-bedroom configuration underway Significant construction already completed-roucg electrical, rough plumbing, framing, concrete, ventilation, sprinkler system, windows Designed for transitional, emergency, or independent living use High-demand South Los Angeles location Ideal for experienced assisted living or supportive housing operators This is a rare chance to step into a nearly realized project and bring much-needed housing online quickly while scaling your existing platform in one of Los Angeles’ most undersupplied markets.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1934

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,335 SF

ZONING

LAC2

APN/PARCEL ID

6013-009-001

ASK ABOUT THIS PROPERTY

Matt HustadEngel & VolkersMore Info

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Matt HustadEngel & VolkersMore Info

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