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11500-11512 S Vermont Ave 14,906 SF 100% Leased Office Building Los Angeles, CA 90044 $4,858,015 CAD ($325.91 CAD/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High Visibility Corner
  • Multi Parcel Assemblage
  • LA City TOC Tier 4 location

EXECUTIVE SUMMARY

Rare opportunity to purchase a prime signalized corner adjacent to a major Street and Freeway. Located at the Northeast corner of Vermont and the 105 freeway. There are 5 lots including 3 buildings and 2 parking lots included in this sale. Prime redevelopment opportunity, this corner is rated Tier 4 in the City of LA TOC Program. Enjoy the existing income while you work on your plans and permits or just keep this property with the existing income.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $536,008 $35.96
Other Income - -
Vacancy Loss - -
Effective Gross Income $536,008 $35.96
Taxes $86,788 $5.82
Operating Expenses $61,752 $4.14
Total Expenses $148,540 $9.97
Net Operating Income $387,468 $25.99

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual $536,008
Annual Per SF $35.96
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $536,008
Annual Per SF $35.96
Taxes (CAD)
Annual $86,788
Annual Per SF $5.82
Operating Expenses (CAD)
Annual $61,752
Annual Per SF $4.14
Total Expenses (CAD)
Annual $148,540
Annual Per SF $9.97
Net Operating Income (CAD)
Annual $387,468
Annual Per SF $25.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Medical
Building Size
14,906 SF
Building Class
C
Year Built
1955
Price
$4,858,015 CAD
Price Per SF
$325.91 CAD
Cap Rate
8%
NOI
$388,711 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,909 SF
Building FAR
0.62
Lot Size
0.55 AC
Zoning
C1 - Limited Commercial
Parking
49 Spaces (3.28 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Metro/Subway
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6088-009-006
  • 6088-009-009
  • 6088-009-032
  • 6088-009-005
  • 6088-009-002
Land Assessment
$1,489,172 CAD (2025)
Improvements Assessment
$885,620 CAD (2025)
Total Assessment
$2,374,793 CAD (2025)
Annual Taxes
$86,788 CAD ($5.82 CAD/SF)
Tax Year
2023
  • Listing ID: 32785499

  • Date on Market: 2024-08-13

  • Last Updated:

  • Address: 11500-11512 S Vermont Ave, Los Angeles, CA 90044

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