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11500-11512 S Vermont Ave 14,906 SF 100% Leased Office Building Los Angeles, CA 90044 $4,878,741 CAD ($327.30 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 $538,295 $36.11
Other Income - -
Vacancy Loss - -
Effective Gross Income $538,295 $36.11
Taxes $87,158 $5.85
Operating Expenses $62,015 $4.16
Total Expenses $149,174 $10.01
Net Operating Income $389,121 $26.10

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual $538,295
Annual Per SF $36.11
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $538,295
Annual Per SF $36.11
Taxes (CAD)
Annual $87,158
Annual Per SF $5.85
Operating Expenses (CAD)
Annual $62,015
Annual Per SF $4.16
Total Expenses (CAD)
Annual $149,174
Annual Per SF $10.01
Net Operating Income (CAD)
Annual $389,121
Annual Per SF $26.10

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
$4,878,741 CAD
Price Per SF
$327.30 CAD
Cap Rate
8%
NOI
$390,369 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
$1,502,830 CAD (2025)
Improvements Assessment
$893,743 CAD (2025)
Total Assessment
$2,396,573 CAD (2025)
Annual Taxes
$87,158 CAD ($5.85 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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