6551 S Vermont Avenue, Los Angeles, CA 90044
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Listed Price :
$699,000
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Beds :
2
-
Baths :
2
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Property Size :
1,350 sqft
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Year Built :
1940
Property Description
We are thrilled to present an excellent investment opportunity that includes 3 mixed-use units combining residential and commercial potential. This property covers 1,424 square feet on a C2 Lot (TOC-3) in the vibrant Vermont Corridor. It consists of 2 residential units and 1 commercial space, with RTI plans in place to convert the garage into an ADU. The current vacancies offer immediate potential for increased rental income, making it attractive to savvy investors looking to capitalize on the active local market. Additionally, with two tenants on month-to-month leases, there is significant flexibility for future development or reorganization. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is well-positioned for substantial value growth and will enhance its lively neighborhood.
Interior Features
Bedroom Information |
Bedrooms |
2 |
Bathroom Information |
Bathrooms |
2 |
Listing Information
Address |
6551 S Vermont Avenue |
City |
Los Angeles |
State |
CA |
Zip |
90044 |
County |
Los Angeles |
Listing Agent |
Armin Soleimani DRE #01846872 |
Co-Listing Agent |
Julio Ruiz DRE #01911261 |
Courtesy Of |
Global Platinum Properties, Inc. |
List Price |
$699,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
1,350 |
Lot Size |
2,502 |
Year Built |
1940 |
Listing information courtesy of: Armin Soleimani, Julio Ruiz, Global Platinum Properties, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 24th, 2024 at 6:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.