700 S Vermont Avenue, a ±24,488 SF signalized hard corner in the heart of Koreatown. One of the most densely populated and transit-rich sub markets in the United States. The property currently operates as a 24-hour Shell-branded fuel station featuring six islands, twelve pumps, a convenience store, and a newly installed IBA self-serve car wash. More than $1.2 million in capital improvements deployed between 2022 and 2025 have re-positioned the site as a modernized, income-producing infill asset. Beyond stabilized cash flow, the property's TOC Tier 4 designation approximately 1,000 feet from the Wilshire/Vermont Metro Station (Purple & Red Lines) unlocks an 80% density bonus, a +33-foot height premium, and zero parking requirements under AB 2097. Preliminary analysis supports 66 to 121+ dwelling units on the existing parcel, with a federal Opportunity Zone overlay enabling capital gains deferral and reduction for qualified long-term investors. A fully-entitled, 210-unit shovel-ready project at the adjacent 730–732 S Vermont is separately available, creating a rare ±43,412 SF corner-to-mid-block assemblage opportunity.