For Sale
Property
MLS# PW26223742
1303 S Vermont
Los Angeles, CA 90006
$4,500,000
- 17,624Sq Ft
- 1922Built
- $255Per Sq Ft
Los Angeles, CA 90006
$4,500,000
Probably the most infamous and well known intersection in all of Los Angeles, Pico Blvd and Vermont!!! This massive 17,624 sq.ft building is currently operating at a 7.77% CAP and 8.4 GRM. The property is separately metered for gas and electricity. The building is comprised of (16) apartment units and (7) commercial spaces - it is broken down in to (15) 1-Bed/1-Bath, (1) family own restaurant 30 years here (1) beer bar, (2) retail, (1) importer store, (1) tortilleria and (1) religious store. Offering immediate upside in rental income. 1303 S. Vermont Ave. is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters and business owners.
Questions on 1303 S Vermont, Los Angeles, CA 90006, or want to see it in person?
Listed by Kevin Cooper, eXp Realty of California Inc
Abrams Coastal Properties has intimate knowledge of Coastal Orange County and is dedicated to giving unbeatable service to its clients.
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Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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