4512 S Vermont AVE Active

Los Angeles,CA 90037

$ 800000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25090161

Year Built 1930

Lot Size 5,253 Sqft

Property Sub-Type Mixed Use

Property Description

This mix-use property presents a rare RTI (Ready-to-Issue) development opportunity with approved plans and permits to develop a 14 unit all 1B/1B multifamily project, this property is perfect for developers seeking a value-add investment with significant upside. The lot currently includes two buildings, one of which is boarded up, and has an existing tenant (seller will deliver vacant as part of offering and asking price).
The location offers excellent visibility and is surrounded by residential and commercial properties, making it ideal for mixed-use or multifamily housing. The tenant will be vacated before COE, and RTI delivered approved and ready at COE.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAC2

Interior

Heating Combination,Space Heater

Cooling None

Flooring Carpet,Tile

Fireplaces Type None

Laundry None

Exterior

Parking Features Driveway

Fence Chain Link

Pool None

Community Features Curbs,Urban

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

View Y/N No

View None

Roof Type Shingle

Building

Lot Description 0-1 Unit/Acre,Near Public Transit,Walkstreet,Yard

Story 1

Foundation Concrete Perimeter,Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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