For Sale Commercial MLS# GD26219612

10201 S Vermont Avenue

Los Angeles, CA 90044

$890,000

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About 10201 S Vermont Avenue

Corner commercial property and successful market business offered together for sale at 11021 S. Vermont Avenue. Established for 25 years, the business is being sold as the owner prepares to retire. The property features dual street visibility, prominent signage, and on-site parking. The entire building is currently used as a food market, licensed for hot food use and holding a tobacco license. Buyers may inquire with the California Department of Alcoholic Beverage Control (ABC) regarding potential liquor licensing. Additional monthly rental income totals $3,400: $2,700 from a portion of the parking area leased to a successful recycling business, $400 combined from two clothing donation booths, and $300 from a truck parking space. All three rental arrangements are month-to-month. Current storefront rental rates are approximately $2.50 per square foot per month. The market operation may be leased to an operator or continued as an owner-occupied business, offering flexibility for investors and owner-users. A great opportunity to acquire both the property and an established business, with existing rental income and upside potential.

Property details

Property

Type
Retail
MLS type
Commercial
Status
Active
Year built
1996
Stories
1
Living area
1,620 sqft
Price / sqft
$549
Lot
0.1267
Original price
$890,000
MLS #
GD26219612

Exterior & lot

Features
Parking spaces: 8
Construction
1
Lot
LCC3

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water
Public

Financial

Parcel
6060024022
Special conditions
Standard

Location

Area
C34 - Los Angeles Southwest
County
Los Angeles
Directions
110 fwy- Century Blvd

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Listed by Karine Haneyan, JohnHart Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.