1117 N Vermont Avenue, Los Angeles (City), 90029

REDUCED 8% Commercial - Land/Unimproved For Sale

$8,750,000

Beds
Baths
Sqft
.13Acres
Built
183DOM
MLS® #: OC20184934
Active, 183 Days on Market

Pleased to present a portfolio of properties located at 1117 N Vermont Ave, 1101 N Vermont Ave, and 4705 Santa Monica Blvd. All three properties are adjacent to one another, conveniently located on the northwest corner of Santa Monica Blvd and N Vermont Ave. This location offers maximum exposure by being across the street from Metro’s Vermont/Santa Monica station and on the corner of a four way signaled intersection. These three properties combined, are situated on 24,106 square-feet of land zoned LAC2 and benefits from Tier 4 TOC incentives. Additionally, these properties are located within a Qualified Opportunity Zone. 1101 N Vermont Ave consist of a 12,708 square foot office building. 1117 N Vermont Ave is a 5,488 square foot parking lot. 4705 Santa Monica Blvd consist of a 3,721 square foot office building. Total combined parking is approximately 10,988 square feet. By being centrally located and just blocks away from Los Angeles City college these properties benefit from good transit and high walking scores. The immediate area is benefiting from rapid growth, with multiple new and upcoming developments nearby. This portfolio of properties, offers an ideal investment opportunity for developers to capitalize on the location and maximize its potential. All three properties are to be sold together. Please reference Listing ID OC20184293 and OC20184888 to see other properties.

Essential Information

MLS® #: OC20184934
Price: $8,750,000
Acres: 0.13
Type: Commercial
Sub-Type: Land/Unimproved
Status: Active

Community Information

Address: 1117 N Vermont Avenue
Area: Wrigley Area (5)
City: Los Angeles (City)
County: Los Angeles
State: CA
Zip Code: 90029

Interior

Heating: None

Exterior

Lot Description: Value In Land, Paved

Additional Information

Date Listed: September 5th, 2020
Days on Market: 183
Zoning: LAC2

Listing Details

Listing Agent: James Kezios(02112863)
Listing Office: Pacific Sotheby's Int'l Realty

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Listing information last updated on March 8th, 2021 at 1:15pm PST.

Based on information from California Regional Multiple Listing Service, Inc. as of March 8th, 2021 at 1:18pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.