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11500-11512 S Vermont Ave 14,906 SF 100% Leased Office Building Los Angeles, CA 90044 $4,858,994 CAD ($325.98 CAD/SF) 8% Cap Rate



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 |
$536,116
|
$35.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$536,116
|
$35.97
|
| Taxes |
$86,806
|
$5.82
|
| Operating Expenses |
$61,764
|
$4.14
|
| Total Expenses |
$148,570
|
$9.97
|
| Net Operating Income |
$387,546
|
$26.00
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $536,116 |
| Annual Per SF | $35.97 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $536,116 |
| Annual Per SF | $35.97 |
| Taxes (CAD) | |
|---|---|
| Annual | $86,806 |
| Annual Per SF | $5.82 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $61,764 |
| Annual Per SF | $4.14 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $148,570 |
| Annual Per SF | $9.97 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $387,546 |
| Annual Per SF | $26.00 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
14,906 SF
Building Class
C
Year Built
1955
Price
$4,858,994 CAD
Price Per SF
$325.98 CAD
Cap Rate
8%
NOI
$388,789 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
Fairly walkable
50/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Total Assessment | $2,336,852 CAD (2025) | |
| Land Assessment | $1,465,381 CAD (2025) | Annual Taxes | $86,806 CAD ($5.82 CAD/SF) |
| Improvements Assessment | $871,471 CAD (2025) | Tax Year | 2023 |
Property Taxes
Parcel Numbers
Land Assessment
$1,465,381 CAD (2025)
Improvements Assessment
$871,471 CAD (2025)
Total Assessment
$2,336,852 CAD (2025)
Annual Taxes
$86,806 CAD ($5.82 CAD/SF)
Tax Year
2023
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11500-11512 S Vermont Ave
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