Los Angeles, CA 90044 6551 S Vermont Avenue
$745,000
5 more
Presented By: Armin Soleimani with Global Platinum Properties, Inc.;
Home Details
We are thrilled to present an excellent investment opportunity that includes 3 mixed-use units combining residential and commercial potential. This property covers 1,424 square feet on a C2 Lot (TOC-3) in the vibrant Vermont Corridor. It consists of 2 residential units and 1 commercial space, with RTI plans in place to convert the garage into an ADU. The current vacancies offer immediate potential for increased rental income, making it attractive to savvy investors looking to capitalize on the active local market. Additionally, with two tenants on month-to-month leases, there is significant flexibility for future development or reorganization. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is well-positioned for substantial value growth and will enhance its lively neighborhood.
Presented By: Armin Soleimani with Global Platinum Properties, Inc.;
Interior Features for 6551 S Vermont Avenue
Bedrooms
Total Bedrooms2
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories1
General for 6551 S Vermont Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.0
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market11
DirectionsLocated on the South-West corner of 65th Place & Vermont
Full Baths
Garage Y/NNo
Gross Income67800.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet2502.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income52150.0
New ConstructionNo
NumberOfUnitsTotal3
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
View Y/NNo
Waterfront Y/NNo
Year Built1940
ZoningLAC2
Exterior for 6551 S Vermont Avenue
Building Area Total1350.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0574
Lot Size Area2502.0
Number of Buildings3
Open Parking Y/NNo
SpaNo
Total Parking2.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480