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6032 S Vermont Ave
Los Angeles, CA 90044
Vermont · Retail Property For Sale
Investment Highlights
- Heavy Foot Traffic
- Remodeled Barber Shop
Executive Summary
Brand new duplex completed in 2023 consisting of 2700 square feet (each side is 3 bedroom and 3 bath with it's own laundy and double garage) added on to the rear of existing commercial building (two units facing Vermont Ave.) with long term tenants on month to month contracts.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,200 SF
Building Class
C
Year Built/Renovated
1921/2023
Price
$2,425,951 CAD
Price Per SF
$577.61 CAD
Cap Rate
7.21%
NOI
$174,821 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.38
Lot Size
0.07 AC
Zoning
C2 - PERFECT FOR OWNER-USER: LONG TIME BARBER SHOP WITH 25 YEARS OF CUSTOMERS
Frontage
About 6032 S VERMONT AVE , LOS ANGELES, CA 90044
Corner lot Former Bar - now two units with long term month-to-month tenants (both over 20 years). Barber Shop is $1900 a month. Party Store is $1250 a month Proforma for two 3 Bedroom/3 Bath Units $3915 each unit per month=$7830 Heavy foot traffic and wonderful location under going major gentrification.
Property Taxes
| Parcel Number | 6004-010-008 | Improvements Assessment | $155,634 CAD |
| Land Assessment | $272,362 CAD | Total Assessment | $427,996 CAD |
Property Taxes
Parcel Number
6004-010-008
Land Assessment
$272,362 CAD
Improvements Assessment
$155,634 CAD
Total Assessment
$427,996 CAD
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