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1965 S Vermont Ave 1965 Vermont Avenue 5,470 SF Industrial Building Los Angeles, CA 90007 $2,350,250 CAD ($429.66 CAD/SF)

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EXECUTIVE SUMMARY

Investment Summary: 1965 S Vermont Ave, Los Angeles, CA
Offering Price: $2,000,000
Building Size: 5,470 SQFT
Lot Size: 0.15 Acres
Year Built: 1932
Zoning: Industrial/Retail
Lease Details: Month-to-month with current tenant, Love Cafe.
Location Highlights:
Prime Intersection: Exceptional visibility at a high-traffic corridor frequented by both local and national businesses.
Strategic Proximity: Just 5 minutes from USC and Downtown Los Angeles, 15 minutes from Dodger Stadium, and 30 minutes from Santa Monica.
Community Hub: Surrounded by a vibrant mix of cultural, academic, and entertainment destinations, including Exposition Park, the California Science Center, and the LA Memorial Coliseum.
Investment Highlights:
Value-Add Potential: Current lease is below market rate, presenting significant upside for rental income and long-term growth.
Prominent Signage: Ideal for businesses seeking maximum exposure in a bustling area.
Dynamic Tenant Pool: Location appeals to a mix of students, professionals, and families, ensuring sustained interest.
Neighborhood Insights:
The property benefits from its proximity to diverse dining options, trendy cafes, and retail amenities that cater to the area's eclectic demographic. Its central location also offers easy access to key Los Angeles transit routes, connecting to Koreatown, Hollywood, and beyond.
This is a rare opportunity to acquire a strategically positioned property in one of Los Angeles's most dynamic neighborhoods. Investors and brokers are encouraged to act quickly to secure this high-visibility, high-potential asset.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,350,250 CAD
Price Per SF $429.66 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Service
  • Showroom
  • Industrial Warehouse
  • OfficeLoft Creative Space
Building Class B
Lot Size 0.15 AC
Rentable Building Area 5,470 SF
No. Stories 2
Year Built 1932
Tenancy Single
Parking Ratio 0.37/1,000 SF
Cross Streets W 20th Street
Zoning Use code: 1100 - Use code 1100: Store https://www.titleadvantage.com/mdocs/LA%20Use%20Codes.pdf
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (72)
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 Number
5075-038-003
Land Assessment
$264,602 CAD
Improvements Assessment
$264,602 CAD
Total Assessment
$529,204 CAD
  • Listing ID: 34136064

  • Date on Market: 2024-12-09

  • Last Updated:

  • Address: 1965 Vermont Avenue, Los Angeles, CA 90007

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