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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.
Last Updated | 9/13/2024 | Year Built | 1928 |
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Community | Los Angeles Southwest | County | Los Angeles |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Los Angeles Southwest |
CONSTRUCTION | Concrete, Stucco |
LOT | 0.37 acre(s) |
LOT DESCRIPTION | 0-1 Unit/Acre |
LOT DIMENSIONS | 16000 |
STORIES | 1 |
UTILITIES | Cable Available,Electricity Connected,Sewer Connected,Water Connected, Electric: Standard |
WATER | Public |
ZONING | C2-1, R-1 |
Location
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