Currently set up at a Mini Market/ Convenience Store with refrigerators and shelving. 1 Bathroom. Owner willing to reconfigure to suit for tenant's retail use. 830 square foot space. Awesome RETAIL RENTAL OPPORTUNITY in South Los Angeles! Situated in the corner of S. Vermont and 65th Street with plenty of street parking a in the growing neighborhood of South Los Angeles, very close to Downtown LA and USC!
This listing includes three distinct areas: 11316-11318 S. Vermont Ave., Los Angeles, CA 90044, which features an approximately 8,000 SF lot with a 4,632 SF retail building, and 11331 Southwest Blvd., Los Angeles, CA 90044, an 8,198 SF parking lot. The 4,632 SF retail building, located in a prime roadside position, previously generated $10,000 per month in rental income, while the adjacent 8,200-square-foot parking lot adds an additional $4,000 per month. This presents a prime opportunity for an owner-user or investor, with a profitable commercial property in a thriving and highly accessible location, just under 10 minutes from Freeways 110, 105, and 710. With continuous development in the area in anticipation of the 2028 LA Olympics, this property offers excellent potential for future value appreciation. Additionally, it is conveniently located within 5 miles of SoFi Stadium, making it perfectly positioned for growth. Don’t miss out on this exceptional investment opportunity.
This is a development Oportunity for an Investor with a Vision! Zoned C-2 L.A Planning Dept., states that a proposal can be submitted for 3 to 7 Units and/or a combination of Residential/Commercial use ( Mixed-Use ), no parking is required as the property is 1/2 mile from a Transit Stop, right now the property is being used as a Used Car Dealer, this offering is primarily focused on its land value and As-Is Conditions. Submit your best offer and see you in escrow.
FANTASTIC INVESTMENT OPPORTUNITY 8% CAP RATE and GRM 10% One of the best investments out there! Property is located in vibrant South Los Angeles. This beautiful remodeled property consist of 4 1bed 1 bath units and 2 cozy studios. Recent upgrades include new flooring throughout, fresh interior paint, and modern lighting fixtures. some new plumbing and electrical systems. windows provide ample natural light and improved energy efficiency. low maintenance artificial grass, outdoor privacy gate for added security and seclusion. Ideal investment for both seasoned and new investors! DRIVE BY ONLY, DO NOT DISTURB TENANTS
BEST AND EASIEST BUSINESS YOU WILL EVER OWN PLUS A SCREAMING DEAL! No management, expenses, inventory, maintenance, repairs, landscaping, expensive insurance, problematic clientele, etc. Passive income of $3,200 for commercial use of the lot for storage purposes by the existing tenant PLUS an additional $2,000 for the lease of the existing sign/billboard located onsite at the NE corner of the lot by another tenant with gross income totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. About a 9% cap rate based upon gross income and no rent control! The sign lease is on a month to month holdover basis and can be increased or terminated at any time. Seller states that the sign has been there for years, used by the same lessee, and the lessee desires to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. The lot is currently being leased on a month to month holdover basis but the ownership also states that the tenant would prefer to renew lease. The buyer can make their own decision and/or renegotiate new leases after close of escrow. Property will be delivered with tenants in possession for income producing purposes until buyer decides preference. Historical redacted bank statements attached to show rental payments by the tenants. Recent bank statements provided with an accepted offer at request. Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing vacant home onsite but it is considered to be a teardown. Seller had tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. See the renderings for the proposed building and business. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Additional photos of another post office box business are included for visualization purposes. Repurpose the property as desired or use it as-is. Codes, allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for multi-family residential, single-family dwelling, commercial and/or residential condominium project. The restrictive SB-8 may not apply due to the property being commercial. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Check with the County and your architect for all details related thereto. Extraordinary opportunity for a large, scarce, flat, unique, and desirable property along a major thoroughfare. Sold in its present condition and "as is". No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Copies of leases, now on a month to month basis, are included herein for reference. Because it is being sold for land value only and its income stream, an interior view of the house will only be allowed upon an accepted offer and only if requested by the buyer because the house is a teardown. Because it is being sold for land value, sign, and its income stream only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Do not disturb occupants. Incredible deal. Make it yours.
We are proud to present 7021 S Vermont Ave & 1000 W 70th St (2 APNs), which consists of a 9,334sf located on 17,828sf of land. The commercial property is configured with a 5,260sf auto use building and an adjacent 4,074 SF commercial building, respectively, in the heart of Los Angeles. With (3) single door bays and (2) doublewide bays, along with ample parking on a corner lot with high visibility and street exposure, this property is well positioned for a commercial automotive tenant in an extremely dense market with hundreds of thousands of potential customers. With the second, adjacent commercial building off of 1000 W 70th St, this opportunity offers multiple investment strategies, whether it be an owner-user, investor, or developer. Contact the listing broker for additional information.
We proudly present this historic architecture religious and/or educational facility that could also be used for redevelopment info multi-family housing. With C2-1-CPIO, TOC Tier III zoning and ED-1 Fast Track eligibility a developer can build up to 19 units on the site. The main sanctuary sits 164 and there is an additional area that could serve as overflow seating. The main sanctuary leads to a private office, a large shared office, a full kitchen, three individual user restrooms (that appear to be ADA), a baptismal area and a fellowship hall that could easily hold 100 people. Unique architectural features such as elaborate steeples, rich dark wood and vibrant stained glass this building is sure to impress the most discerning buyer.
Welcome to this stunning newly built 10-unit apartment building within the highly sought-after Athens neighborhood of Los Angeles. Here's your opportunity to own a brand-new investment property with high-end, first-class finishes. The property spans a total of 12,558 net rentable square feet, comprising three separate buildings situated on an 8,457 square foot lot. The unit mix includes 6 three-bedroom/three-bath units, 2 two-bedroom/one-bath units, and 2 one-bedroom/one-bath units, all designed to accommodate Section 8 tenants. First-floor parking and each individual unit also has its own laundry facilities and comes equipped with a washer, dryer, and refrigerator, ensuring a hassle-free move-in experience. The property enjoys a prime location, less than a 10-minute walk from the Vermont/Athens Metro Stop. Situated southwest of Imperial Highway and Vermont Avenue with easy access to the 105 and 110 Freeways, tenants can quickly reach California’s famous beaches and Los Angeles Southwest College is less than a mile away, making it convenient for both students and staff. Don't miss out on this incredible investment or 1031 Exchange opportunity!
Location! Location! Location ! This commercial retail plaza is composed by two parcels with large parking lot ( fenced) which is one story. There are 5 units that are recently renovated. Total building is 5,180 square feet.on lot size of 11027 sqft on the corner of Vermont and 60th street in DTLA very close to USC , built in 1931. It has 9 parking spots, fully built-out, brand new LED lights, high ceiling , new paint and new landscaping. Zoning is retail.
Great investment opportunity! Two story complex 7 units two (2) bedrooms and one (1) bathroom. The property is near schools, it's very convenient. Well-maintained, close to restaurant, shops, bus etc.... Buyers and agents, please check all information with City. Sold As Is present condition. Drive by only. Please Do Not Disturb Manager or Tenants. All units are occupied.
Great investment opportunity! Two story complex 6 units two (2) bedrooms and one (1) bathroom and 1 unit with (1) bedroom and one (1) bathroom. This property has been well maintained, close to restaurants, shops and bus stations. Buyers and agent to check all information with City. Sold As Is in present condition. Drive by only. Please Do Not Disturb Manager or Tenants. All units are occupied.
Great investment opportunity! Two story complex 5 units two (2) bedrooms and one (1) bathroom. The property is near schools, it's very convenient. Well-maintained, close to restaurant, shops, bus etc.... Buyers and agents, please check all information with City. Sold As Is present condition. Drive by only. Please Do Not Disturb Manager or Tenants. All units are occupied.
Great investment opportunity! Two story complex 9 units with two (2) bedrooms and one (1) bathroom. The property is next to a school, and it's very convenient. Well-maintained, close to restaurants, shops, bus stop etc. Buyers and agent to check all information with City. Sold As Is condition. Drive by only. Please Do Not Disturb Manager or Tenants. All units are occupied.
Church property features: baptismal pool, kitchen area, separate office space with full bath. Needs TLC revival. Has not been in use for several years. Also may be great for Investor / Developer for Tear Down and Re build.
This property offers a unique blend of commercial and residential potential. TWO parcels sold together as one. The Mixed use parcel is a residential unit one bedroom and one bathroom, providing a cozy living space and a commercial office, presently used as a used car dealership. The second parcel (3,196sqft lot) is a parking lot. This property is brimming with opportunities for development and growth, making it an exciting investment.
Profitable and Long running Wig and Beauty Supply Business for Sale! Located in a highly busy traffic area with many returning longtime local customers. There are many restaurants and shops nearby. Start making profit now!Size: 2500 sf; Rent: $3815 (including CAM); Gross Sales: $33K-$37K; Net Profit: $13K-$15K.
This is an investor's dream with lots of upside potential with a little tlc . This apartment building has six one bedrooms 1 bath units with landscaping. Some units have been freshly painted with new flooring. You will love how some units have a front yard and side yards for family gatherings and events. The cap rate of 5% based current rents so it's tons of upside potential. Offers to made subject to interior inspection. please do not distrub the tenants Ms
Subject to Escrow Cancellation due to Buyer's failure to perform. Development Opportunity!! Two Churches with Two Individual Sanctuaries in one lot. All can be individually ran or be a part of a much larger congregation. In a bustling market where specialty buildings are becoming short in supply, this 21,831 sq. ft. complex will definitely fit your organization's needs. The first church has ample seating for up to 300 guests, an A/V room, two pastor/minister offices, a commercial kitchen and dining room that can serve approximately 75+ patrons. The second church(currently leased at $6K/mo) sits on the second level of a nursery/school, and can comfortably seat up to 200 guests. The second church also comes equipped with a kitchen, pastor's office, and A/V room. Both church exits lead to the the third church, that features a nursery/school with four classrooms, a recreation hall, a commercial grade kitchen, a laundry room, three bathrooms, and two storage closets. Additionally, with a parking lot that includes over 40+ parking spaces, you will never run out of space for your guests while hosting events. Currently, the church rents unused space to other organizations on weekends, bringing in an average of $5K of extra income per month. The excess parking allows for building conversion to multi-family units (Up to 54 units according to LA Planning), or other types of businesses such as shelter, community outreach, or school. Buyer and/or Buyer's agent to conduct their own investigation and to verify information until satisfied.
THE SUBJECT BUILDING IS LOCATED RIGHT OFF MANCHESTER WHICH IS STOP LIGHT CONTROLLED - THIS A HIGHLY VISABLE LOCATION WITH LOTS TRAFFIC - THERE ARE 2 VACANCIES BUT THE RENTS COULD BE $15OO MONTH SO THE GROSS INCOME WOULD BE $108,000
The median home value in Los Angeles, CA is $681,800. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Los Angeles, CA is $681,800. Approximately 34.45% of Los Angeles homes are owned, compared to 59.14% rented, while 6.42% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90044 has a population of 3,949,776. Los Angeles 90044 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California 90044 is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles 90044 is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.