Listed by James Kezios, Pacific Sotheby's Int'l Realty,

1101 N Vermont Avenue

Los Angeles, CA, 90029

$8,750,000

$688 per ft²
$8,750,000
$688 per ft²
Active Under Contract
Active Under Contract
 - For Sale
carpenters-square
12,708 ft²
property_type
Commercial
calendar
Built 1924
Pleased to present a portfolio of properties located at 1101 N Vermont Ave, 1117 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 OC20184934 to see other properties.
MLS® ID:
OC20184888
Listed:
9/4/20
Updated:
12/4/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
None
Heating
Forced Air

Exterior/Building Features

Lot Size
6,942 ft² lot
Lot Details
Corner Lot, Near Public Transit

Other Property Details

Area Name
699 - Not Defined
Garage
No
Parking
N
View
N
County
Los Angeles
Water Source
Public
Pool
No
Total Stories
2
Zoning
LAC2

Property History

Date
Event
Price
Value
9/28/21
Active Under Contract
-
-

Courtesy of Pacific Sotheby's Int'l Realty, James Kezios,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 12/4/22. 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.

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Data last updated 2:56 AM UTC, 12/4/22

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