Kidder Mathews is proud to exclusively present 8020–8022 S Vermont
Avenue, a well-located ±15,001 square foot development opportunity
situated along the Vermont Avenue commercial corridor in South Los
Angeles. Zoned C2-1-CPIO within the South Los Angeles Community
Plan Implementation Overlay (General Corridor Subarea), the site
qualifies for Transit Oriented Communities (TOC) Tier 3 incentives.
These incentives may include density increases, height incentives, and
parking reductions, enhancing development feasibility (buyer to verify).
The parcel is fully paved and readily available for immediate interim
use as surface parking, vehicle storage, or similar revenue-generating
operations. This provides investors and owner-users with the flexibility
to capture cash flow during the planning and entitlement phase for
higher-value development.
Priced at $1,499,000, or approximately $99 per square foot, the property
is competitively positioned relative to recent development land sales
along the Vermont Avenue corridor.