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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 $528,457 $35.45
Other Income - -
Vacancy Loss - -
Effective Gross Income $528,457 $35.45
Taxes $85,566 $5.74
Operating Expenses $60,882 $4.08
Total Expenses $146,447 $9.82
Net Operating Income $382,010 $25.63

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $528,457
Annual Per SF $35.45
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $528,457
Annual Per SF $35.45
Taxes (CAD)
Annual $85,566
Annual Per SF $5.74
Operating Expenses (CAD)
Annual $60,882
Annual Per SF $4.08
Total Expenses (CAD)
Annual $146,447
Annual Per SF $9.82
Net Operating Income (CAD)
Annual $382,010
Annual Per SF $25.63

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
$4,789,583 CAD
Price Per SF
$321.32 CAD
Cap Rate
8%
NOI
$383,235 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

Property Taxes

Parcel Numbers
Multiple
  • 6088-009-006
  • 6088-009-009
  • 6088-009-032
  • 6088-009-005
  • 6088-009-002
Land Assessment
$1,484,229 CAD (2025)
Improvements Assessment
$882,681 CAD (2025)
Total Assessment
$2,366,910 CAD (2025)
Annual Taxes
$85,566 CAD ($5.74 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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