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11316 S Vermont Avenue Los Angeles CA 90044 MLS #PW24188285

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.

Property Details

Price:
$2,300,000
MLS #:
PW24188285
Status:
Active Under Contract
Baths:
0
Address:
11316 S Vermont Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Aug 26, 2024
State:
CA
ZIP:
90044
Year Built:
1928

Schools

Interior

Cooling
Central Air

Exterior

Electric
Standard
Parking Spots
12.00
Stories Total
1
Water Source
Public

Financial

Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected

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