4529 South Vermont Avenue

Los Angeles, CA 90037

$2,050,000
Price
4
Beds
4
Baths
6,750 Sq. Ft.
$304 / Sq. Ft.
6,750
Sq. Ft.
$304
per Sq. Ft.

Description

The mixed-use building is located in the vibrant Vermont Square neighborhood of Los Angeles. It is a Maison building, offering a blend of residential and retail spaces situated on a signalized corner, ensuring high visibility and easy access for both residents and commercial tenants. The building consists of four (4) residential units and three (3) retail spaces, offering a diverse mix of income streams. Additionally, the property provides storage and parking spaces for rental, adding value and convenience...The mixed-use building is located in the vibrant Vermont Square neighborhood of Los Angeles. It is a Maison building, offering a blend of residential and retail spaces situated on a signalized corner, ensuring high visibility and easy access for both residents and commercial tenants. The building consists of four (4) residential units and three (3) retail spaces, offering a diverse mix of income streams. Additionally, the property provides storage and parking spaces for rental, adding value and convenience for tenants and potential investors. The large alleyway entrance facilitates easy access for both residential and commercial purposes. The current gross income is $172,896.00 Yearly.
  1. Listed by Shahram Shamounpour • DRE #02122389 • Brokerage DRE #01458187 • Keller Williams Realty Westside

Property Details for 4529 South Vermont Avenue

Zoning
LAC2
Parcel Number
5017031006
Total Units
4.0
Living Area
6750
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
0
Lot Size Area
8014

Location

Listing Courtesy of Keller Williams Realty Westside, Shahram Shamounpour, DRE #02122389
Add your commute
LISTING UPDATED: 02/29/2024 10:23 AM

Property Details for 4529 South Vermont Avenue

StatusActive
MLS #23-293209
Days on Market172
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.18 AC / 8,014 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty Westside, Shahram Shamounpour, DRE #02122389
Add your commute

Building Information for 4529 South Vermont Avenue

Stories2Residences-Year Built1922Building Size-Lot Size0.18 AC / 8,014 SF

Payment Calculator

$12,798 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,188

Property Taxes

$1,610

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4529 South Vermont Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Mix use
  • Security Features: Gated
  • Property Condition: Updated/Remodeled
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Building Permit
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $172,896
  • Net Operating Income: $143,003.33
  • Gross Income: $172,896
  • Cap Rate: 7.00%
  • Gross Rent Multiplier: $172,896.00
  • Lease Per Month Year: Month
  • Owner Pays: Water
  • Total Annual Expense: 2920067
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Month to Month
  • Additional Parcel Number: No
  • Alley: Yes
  • Lot Acreage: 0.184
  • Lot Size Square Feet: 8014
  • Lot Location: Corner Lot
Parking Details
Parking Details
  • Parking Garage: On street
  • Total Parking: 0
  • Parking Features: Street
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: None
  • Common Walls: Attached
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Construction Materials: Brick
  • Exterior Construction: Brick
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-07-2023
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,323.00
  • Unit Actual Rent: $1,323.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,544.00
  • Unit Actual Rent: $1,544.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,103.00
  • Unit Actual Rent: $1,103.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,063.00
  • Unit Actual Rent: $1,063.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,100.00
  • Unit Actual Rent: $1,100.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $25,500.00
  • Assessed Improvement Percent: 1.84
  • Assessed Land Value: $1,361,700.00
  • Assessed Land Percent: 98.16
  • Assessed Total Value: $1,387,200.00

Property History for 4529 South Vermont Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4529 South Vermont Avenue

Taxable ValueLand$1,346,955Additions$178,964Total$1,525,919
Tax Record2023$19,324 ($1,610 / month)
Home Facts
Total Finished SqFt6,750 SqFtAbove Grade Finished SqFt6,750 SqFtStories1Lot Size8,014 SqFtStyleOffice BuildingYear Built1922ZoningLAC2CountyLOS ANGELESAPN5017-031-006

Schools near 4529 South Vermont Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - K to 5
Public - 6 to 9
Public - 9 to 12
Rating
School
Distance
Dr. James Edward Jones Primary Center
PublicK to 2

Marguerite Poindexter Lamotte Elementary
PublicK to 5

Barack Obama Global Preparation Academy
Public6 to 9

Manual Arts Senior High School
Public9 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

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4529 South Vermont Avenue is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on November 7, 2023 by Keller Williams Realty Westside, it's currently listed at $2,050,000. It has been on the market for a total of 172 days and was last sold on December 8, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Dr. James Edward Jones Primary Center, Marguerite Poindexter Lamotte Elementary and Barack Obama Global Preparation Academy. 4529 South Vermont Avenue is a 4-bed, 4-bath, 6,750 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Westside, Shahram Shamounpour, DRE #02122389

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.