1923 South Vermont Avenue
1923 South Vermont Avenue
$1,850,000
10,456 / 0.24
Sold 10/4/21
Description
1917-1923 South Vermont Avenue in an owner-user, investment, or development opportunity in Pico Union one block southeast of W Washington Blvd adjacent to Downtown Los Angeles and situated just off the I-10 and I-110, a superb central location with convenient access to employment opportunities, education, shopping destinations, entertainment, nightlife, and public transportation. The site currently consists of two auto repair tenants and a small restaurant who are on month-to-month gross leases;...1917-1923 South Vermont Avenue in an owner-user, investment, or development opportunity in Pico Union one block southeast of W Washington Blvd adjacent to Downtown Los Angeles and situated just off the I-10 and I-110, a superb central location with convenient access to employment opportunities, education, shopping destinations, entertainment, nightlife, and public transportation. The site currently consists of two auto repair tenants and a small restaurant who are on month-to-month gross leases; current income is $119,432 annually. This investment opportunity is ideal for an owner-user to take over the automotive shop or restaurant while collecting income from leasing the other spaces or to takeover the entire property to operate a business. The subject property built in 1935 is currently zoned C2-2D-CPIO in a Tier 3 TOC on a 10,455 SF lot in a highly trafficked location.
- Listed by Neema Ahadian • DRE #01346750 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 1923 South Vermont Avenue
Zoning
C2-2D-CPIO in a Tier 3 TOC
Parcel Number5075036028
AreaMid Los Angeles (C16)
Lot Size Area10456
Source Lot Size AreaVendor Enhanced
Assessor Parcel Number5075-036-028
DirectionsOne block southeast of W Washington Blvd adjacent to Downtown Los Angeles
Location
LISTING UPDATED: 05/05/2023 09:43 AM
Property Details for 1923 South Vermont Avenue
Status | Sold |
---|---|
MLS # | 21-709486 |
Days on Market | 190 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.24 AC |
County | Los Angeles County |
Location
Building Information for 1923 South Vermont Avenue
Lot Size0.24 AC
Payment Calculator
$12,059 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1923 South Vermont Avenue
Property History for 1923 South Vermont Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1923 South Vermont Avenue
Taxable ValueLand$1,734,000Additions$153,000Total$1,887,000
Tax Record2023$23,557 ($1,963 / month)
Home Facts
Total Finished SqFt4,275 SqFtAbove Grade Finished SqFt4,275 SqFtLot Size10,456 SqFtStyleMiscellaneous CommercialYear Built1935ZoningLAM1CountyLOS ANGELESAPN5075-036-028
Schools near 1923 South Vermont Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Camino Nuevo Elementary No. 3 CharterK to 8 | ||
Foshay Learning Center PublicK to 12 | ||
West Adams Preparatory High School Public9 to 12 | ||
Alliance Gertz-Ressler Richard Merkin 6-12 Complex Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.