$800,000

4512 S Vermont Avenue, Los Angeles, CA 90037

  • 2 beds
  • 5,252 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $152/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

This mix-use property presents a rare RTI (Ready-to-Issue) development opportunity with approved plans and permits to develop a 14 unit all 1B/1B multifamily project, this property is perfect for developers seeking a value-add investment with significant upside. The lot currently includes two buildings, one of which is boarded up, and has an existing tenant (seller will deliver vacant as part of offering and asking price). The location offers excellent visibility and is surrounded by residential and commercial properties, making it ideal for mixed-use or multifamily housing. The tenant will be vacated before COE, and RTI delivered approved and ready at COE.

Listing Status:
Active
Date Added:
April 24, 2025 at 05:00AM
Listing Office:
eXp Realty of Greater Los Angeles : 888-584-9427
Listing Agent:
Steven Gray :
MLS ID:
CRPW25090161
  • Laundry: No Hookups
  • Flooring: TileCarpet
  • A/C: No Air Conditioning
  • Heating: Space Heater
  • General: Other
  • Parking: Other
  • General: Block
  • County: Los Angeles
  • Zoning: LAC25018008014
  • View: None
  • Fencing: Chain Link

This listing courtesy of Steven Gray, eXp Realty of Greater Los Angeles

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dr. James Edward Jones Primary Center

1017 W 47th St, Los Angeles, CA, 90037

Grades PK-2

0.11 miles away

B

Barack Obama Global Preparation Academy

1700 W 46th St, Los Angeles, CA, 90062

Grades 6-8

1.04 miles away

M

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.