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For SaleLuxury

$2,720,000

16,474 sqft$165/sqft110 days on market

11316 S Vermont Ave

Los Angeles, CA 90044

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

16,474

Square feet

1928

Built

Listing narrative

Description

PRICE REDUCTION — HIGHEST & BEST OFFERS NOW BEING ACCEPTED! BUSINESS OWNERS & INVESTORS — THIS IS YOUR OPPORTUNITY! STOP BY, TAKE A LOOK, AND SEE THE POTENTIAL FOR YOURSELF! Recently reduced price on this versatile mixed-use property with multiple structures, income-producing potential, and flexible FOR SALE, FOR LEASE, AND LEASE-TO-OWN OPTIONS. This exceptional property features four contiguous APNs in a prime Los Angeles location along Vermont Avenue, offering a combination of commercial, residential, and parking uses. The property includes two warehouses, a remodeled 5-bedroom, 2-bath residence, and a secured parking lot of over 6,000 square feet. The property has undergone extensive improvements and features gated access, on-site parking, flexible warehouse space, and excellent street frontage. The rear residence has generated approximately $5,000 per month in rental income, while each warehouse offers potential rental income of approximately $7,000 per month. The secured parking area has also previously been leased to food truck operators, providing an additional potential income source. With multiple structures and a flexible layout, this property may appeal to business owners, investors, and owner-users looking for a combination of operational space and rental income. FOR LEASE AND LEASE-TO-OWN OPTIONS ARE AVAILABLE, providing additional flexibility for qualified parties. Conveniently located near major freeways, commercial corridors, and surrounding businesses. RECENTLY REDUCED PRICE — DON'T MISS OUT! HIGHEST & BEST OFFERS ARE NOW BEING ACCEPTED. STOP BY AND CHECK OUT THIS GREAT OPPORTUNITY BEFORE IT'S GONE! Seller financing may be available for qualified buyers. Buyer and buyer's agent to independently verify all information, including zoning, square footage, permits, income, allowable uses, and development potential.

Listing agent (MLS): Katherin Carcamo Williams · Listing brokerage (MLS): Coldwell Banker Envision

Property Details

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Price

$2,720,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

16,474 sqft

Baths

Baths n/a

Lot Size

0.38 acres

Year

1928

Status

For Sale

Days on Market

110

$ / Sqft

$165

· 8% down, 7% APR, 30yr fixed
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Courtesy of Coldwell Banker Envision