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8020-8022 S Vermont Ave 0.34 Acres of Commercial Land Offered at $2,051,726 CAD in Los Angeles, CA 90044
Investment Highlights
- ±15,001 SF prime development parcel
- C2-1-CPIO zoning allowing residential & commercial uses
- TOC Tier 3 incentives supporting increased development potential
- Excellent frontage on Vermont Avenue
- Located within a High Quality Transit Corridor
- Fully paved site suitable for immediate parking or storage use
Executive Summary
Avenue, a well-located ±15,001 square foot development opportunity
situated along the Vermont Avenue commercial corridor in South Los
Angeles. Zoned C2-1-CPIO within the South Los Angeles Community
Plan Implementation Overlay (General Corridor Subarea), the site
qualifies for Transit Oriented Communities (TOC) Tier 3 incentives.
These incentives may include density increases, height incentives, and
parking reductions, enhancing development feasibility (buyer to verify).
The parcel is fully paved and readily available for immediate interim
use as surface parking, vehicle storage, or similar revenue-generating
operations. This provides investors and owner-users with the flexibility
to capture cash flow during the planning and entitlement phase for
higher-value development.
Priced at $1,499,000, or approximately $99 per square foot, the property
is competitively positioned relative to recent development land sales
along the Vermont Avenue corridor.
Property Facts
| Price | $2,051,726 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.34 AC |
| Zoning | C2-1-CPIO - Multifamily residential, mixed-use development, retail, office, service-oriented businesses, contractor yards, and parking operations *buyer to verify | ||
| Price | $2,051,726 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.34 AC |
| Zoning | C2-1-CPIO - Multifamily residential, mixed-use development, retail, office, service-oriented businesses, contractor yards, and parking operations *buyer to verify |
1 Lot Available
Lot
| Price | $2,051,726 CAD | Lot Size | 0.34 AC |
| Price Per AC | $5,957,825.61 CAD |
| Price | $2,051,726 CAD |
| Price Per AC | $5,957,825.61 CAD |
| Lot Size | 0.34 AC |
Kidder Mathews is proud to exclusively present 8020–8022 S Vermont Avenue, a well-located ±15,001 square foot development opportunity situated along the Vermont Avenue commercial corridor in South Los Angeles
Description
Kidder Mathews is proud to exclusively present 8020–8022 S Vermont Avenue, a well-located ±15,001 square foot development opportunity situated along the Vermont Avenue commercial corridor in South Los Angeles. Zoned C2-1-CPIO within the South Los Angeles Community Plan Implementation Overlay (General Corridor Subarea), the site qualifies for Transit Oriented Communities (TOC) Tier 3 incentives. These incentives may include density increases, height incentives, and parking reductions, enhancing development feasibility (buyer to verify). The parcel is fully paved and readily available for immediate interim use as surface parking, vehicle storage, or similar revenue-generating operations. This provides investors and owner-users with the flexibility to capture cash flow during the planning and entitlement phase for higher-value development. Priced at $1,499,000, or approximately $99 per square foot, the property is competitively positioned relative to recent development land sales along the Vermont Avenue corridor
Property Taxes
| Parcel Numbers | Improvements Assessment | $278,329 CAD | |
| Land Assessment | $773,146 CAD | Total Assessment | $1,051,475 CAD |
Property Taxes
Presented by
8020-8022 S Vermont Ave
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