$2,499,000
1637 S Vermont Avenue
Los Angeles, CA 90006
—
Beds
—
Baths
12,754
Square feet
—
Built
Listing narrative
Description
Prime C2-2 Commercial Zoned vacant lot (12,750sf) with max building envelope of (57,461sf) 6 floor structure, located in a highly active and densely populated area of Los Angeles, offering a compelling opportunity for developing 71 units with MIIP (Mixed Income) or 93 units with AHIP (Affordable Housing) Incentinve Programs. C2 zoning in Los Angeles permits a wide range of uses, including retail, restaurants, offices, and is often favorable for mixed-use developments (commercial on the ground floor with residential units above) in urban corridors. Strategic Location as its situated along a busy stretch of Vermont Avenue between Venice Boulevard and Washington Boulevard. This location benefits from significant vehicular and pedestrian traffic. The area is directly influenced by the vibrant Koreatown communities and offers close proximity to Downtown Los Angeles, positioning it within a dynamic urban center experiencing continuous growth and demand for both commercial and residential space in a desirable location within an active and developing corridor.
Property Details
Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.
Price
$2,499,000
Beds
Beds n/a
Type
Land
Home Size
12,754 sqft
Baths
Baths n/a
Lot Size
0.29 acres
Year
Year n/a
Status
For Sale
Days on Market
258
$ / Sqft
$196
Courtesy of Dream Realty & Investments Inc






