$8,750,000

1117 N Vermont Avenue, Los Angeles, CA 90029

5,488

Lot Size

Pleased to present a portfolio of properties located at 1117 N Vermont Ave, 1101 N Vermont Ave, and 4705 Santa Monica Blvd. All three properties are adjacent to one another, conveniently located on the northwest corner of Santa Monica Blvd and N Vermont Ave. This location offers maximum exposure by being across the street from Metro’s Vermont/Santa Monica station and on the corner of a four way signaled intersection. These three properties combined, are situated on 24,106 square-feet of land zoned LAC2 and benefits from Tier 4 TOC incentives. Additionally, these properties are located within a Qualified Opportunity Zone. 1101 N Vermont Ave consist of a 12,708 square foot office building. 1117 N Vermont Ave is a 5,488 square foot parking lot. 4705 Santa Monica Blvd consist of a 3,721 square foot office building. Total combined parking is approximately 10,988 square feet. By being centrally located and just blocks away from Los Angeles City college these properties benefit from good transit and high walking scores. The immediate area is benefiting from rapid growth, with multiple new and upcoming developments nearby. This portfolio of properties, offers an ideal investment opportunity for developers to capitalize on the location and maximize its potential. All three properties are to be sold together. Please reference Listing ID OC20184293 and OC20184888 to see other properties.

Facts & Features

MLS® # OC20184934
Price $8,750,000
Bathrooms 0.00
Lot Size 5,488
Type Commercial Sale
Sub-Type Unimproved Land
Status Active Under Contract

Community Information

Address 1117 N Vermont Avenue
Area 699 - Not Defined
City Los Angeles
County Los Angeles
State CA
Zip Code 90029

Amenities

Utilities Water Not Available
Is Waterfront No
Has Pool No

Interior

Heating None
Cooling None
Has Basement No
Fireplace No

Exterior

Lot Description Paved, Value In Land

Additional Information

Date Listed September 5th, 2020
Days on Market 394
Zoning LAC2
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentJames Kezios
OfficePacific Sotheby's Int'l Realty

Listing Map

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