4706 S Vermont Avenue

    Los Angeles (City), CA 90037
    • $1,895,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 19428742
    UPDATED: 69 min ago
    $1,895,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,290
      SQFT
    • $260
      $/SQFT
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    Description

    Cash cow!!! and with 20% upside. mixed used property 3 retail and 5 residential in up and coming Vermont corridor south of USC 1.5 miles 4 mins via car and less than a mile from the Los Angeles Memorial sports arena where huge upgrades are happening to accommodate the Los Angeles Olympics in a few years! Development opportunity. 4700-4704 S Vermont may be sold together. Will be huge corner lot for mixed used development opportunity. Easy access to frwys central location. alley access to rear of building parking for 10

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-18T15:30:00.707. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/91259919

    4706 S Vermont Avenue Los Angeles (City), CA 90037

    • Price: $1,895,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 19428742
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    7,290
    SQFT
    $260
    $/SQFT
    1914
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Cash cow!!! and with 20% upside. mixed used property 3 retail and 5 residential in up and coming Vermont corridor south of USC 1.5 miles 4 mins via car and less than a mile from the Los Angeles Memorial sports arena where huge upgrades are happening to accommodate the Los Angeles Olympics in a few years! Development opportunity. 4700-4704 S Vermont may be sold together. Will be huge corner lot for mixed used development opportunity. Easy access to frwys central location. alley access to rear of building parking for 10
    Exterior Features

    Carport Spaces 10.00 Lot Size Units Square Feet Parking Features Uncovered Parking Total 10.00 Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Electric Expense 600.00 Garage Rental Rate 0.00 Gross Multiplier 15.50 Gross Operating Income 122024.00 Improvements Amount 39741 Insurance Expense 4200.00 Land Value 22343 Laundry YN Yes Maintenance Expense 2400.00 Net Operating Income 89479.00 Professional Management Expense 3600.00 Special Listing Conditions Standard Total Actual Rent 122042.00 Total Expenses 32545.00 Trash Expense 2700.00 Water Sewer Expense 7800.00 Zoning Lac2

    Listing provided courtesy of Peter Paik of Gmc Realty Advisors


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-18T15:30:00.707. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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