Los Angeles, CA 90044 11316 S Vermont Avenue

11316 S Vermont Avenue Los Angeles, CA - Image 111316 S Vermont Avenue Los Angeles, CA - Image 211316 S Vermont Avenue Los Angeles, CA - Image 3
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Presented By: Peter Lee with Coldwell Banker Best Realty; 2138208005
  • MLS# PW24188285
  • 09/13/2024
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  • SQFT • 4,632

Home Details

This listing includes three distinct areas: 11316-11318 S. Vermont Ave., Los Angeles, CA 90044, which features an approximately 8,000 SF lot with a 4,632 SF retail building, and 11331 Southwest Blvd., Los Angeles, CA 90044, an 8,198 SF parking lot. The 4,632 SF retail building, located in a prime roadside position, previously generated $10,000 per month in rental income, while the adjacent 8,200-square-foot parking lot adds an additional $4,000 per month. This presents a prime opportunity for an owner-user or investor, with a profitable commercial property in a thriving and highly accessible location, just under 10 minutes from Freeways 110, 105, and 710. With continuous development in the area in anticipation of the 2028 LA Olympics, this property offers excellent potential for future value appreciation. Additionally, it is conveniently located within 5 miles of SoFi Stadium, making it perfectly positioned for growth. Don’t miss out on this exceptional investment opportunity.
Presented By: Peter Lee with Coldwell Banker Best Realty; 2138208005

Interior Features for 11316 S Vermont Avenue

Other Interior Features

LivingAreaSourceOther
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 11316 S Vermont Avenue

Additional Parcels Description6075009038, 6075009037
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Business TypeRetail
Carport Y/NNo
CityLos Angeles
Construction MaterialsConcrete, Stucco
CoolingCentralAir
CountyLos Angeles
Current FinancingNone
Current UseCommercial
Days on Market
DirectionsVermont + 113th Ave.
ElectricStandard
Garage Y/NNo
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet16000.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeVacant
Open Parking Spaces12.0
Private PoolNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
TermsCash, CashtoNewLoan, Conventional
UtilitiesCableAvailable, ElectricityConnected, SewerConnected, WaterConnected
View Y/NNo
Waterfront Y/NNo
Year Built1928
Year Built SourceAssessor
ZoningC2-1, R-1

Exterior for 11316 S Vermont Avenue

Building Area Total4632.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions16000
Lot FeaturesItem01UnitAcre
Lot Size Acres0.3673
Lot Size Area16000.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $2,300,000
MLS#PW24188285
List Date 09/13/2024
Property Type Commercial
Phone 310.658.1749
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