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11316 S Vermont Ave, Los Angeles, CA 90044
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11316 S Vermont Ave Los Angeles, CA 90044

$2,300,000
  • -- Beds
  • -- Baths
  • 4,632 Sq.Ft.
For Sale
$2,300,000 Get Pre-Qualified
Map preview of 11316 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 11316 S Vermont Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 4,632 living square feet and 16,000 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Peter Lee | BRE #02025291 | Coldwell Banker Best Realty
Co-listed by Youngha Kim | BRE #02229809 | Coldwell Banker Best Realty
Last checked: 28 seconds ago | Last updated: September 13th, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
16,000
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW24188285
City
Los Angeles
County
Los Angeles
Time on Site
5 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 11316 S Vermont Ave

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Property Details for 11316 S Vermont Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6075009024
  • Year Built Source: Assessor
  • Entry Level: 1
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Vermont + 113th Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 11316 S Vermont Ave

View property's historical transactions

  • September, 2024

  • Sep 13, 2024

    Date

    Active

    CRMLS: PW24188285

    $2,300,000

    Price

  • March, 2020

  • Mar 6, 2020

    Date

    Active

    CRMLS: 20561704

    $1,900,000

    Price

  • Listing provided courtesy of CRMLS

    Seller is selling 4 parcels with 3 tenants... 11316 S. Vermont Ave. :APN:6075-009-024/ 11318 S. Vermont Ave. :APN:6075-009-038 & 039/ 11331 Southwest Blvd. :APN:6075-009-037/ Total 2 building size: Aprx.: 4,632//// Total Lot size: Aprx.:16,492 sq/ft. Great Development Opportunity, Short Term Lease for Development plan, Huge lot on both Vermont & South Blvd. Great income. Please call Listing agent for more information

  • September, 2019

  • Sep 2, 2019

    Date

    Expired

    CRMLS: SB18208603

    --

    Price

  • Aug 27, 2018

    Date

    Active

    CRMLS: SB18208603

    --

    Price

  • Listing provided courtesy of CRMLS

    Street front retail location for lease subject space has 4 rooms with 2 restrooms, large front retail area

  • May, 2019

  • May 20, 2019

    Date

    Expired

    CRMLS: PW18168244

    $1,999,000

    Price

  • May 10, 2019

    Date

    Withdrawn

    CRMLS: PW18168244

    $1,999,000

    Price

  • Jul 13, 2018

    Date

    Active

    CRMLS: PW18168244

    $1,999,000

    Price

  • Listing provided courtesy of CRMLS

    Property Address: 11316 - 11318 S VERMONT Ave. & 11331 Southwest Blvd., Los Angeles. APN No.: 6075-009-024, 038, 039, 037. The property is currently being ran as a Marijuana business. Great for primary owner or investor. Large lot. Drive by only...

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Tax History for 11316 S Vermont Ave

Assessed Value (2020): $141,454
Year Land Value Improved Value Assessed Value
2020 $113,174 $28,280 $141,454

Home Value Compared to the Market

This property vs the competition

11316 S Vermont Ave is listed 91.67% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $496.55 per/sqft which puts the price per square foot 35.35% lower than the median price per square foot for the city of Los Angeles.

About 11316 S Vermont Ave

Detailed summary of property

11316 S Vermont Ave is a mixed use located in Los Angeles, CA 90044 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 4,632 living square feet, and sits on an approximately 16,000 square foot lot. 11316 S Vermont Ave was first listed on ArdentRealEstateGroup.com on September 13, 2024. The homeowner is currently asking $2,300,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 91.67% higher than the median priced home. Local competing homes currently for sale include 755 E Pico Blvd, 1204 Paloma St and 5115 W Adams Blvd. While the average home in Los Angeles, CA is selling in 106 days, 11316 S Vermont Ave has a days on market of 5 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 11316 S Vermont Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11316 S Vermont Ave

Public county record property details
Beds
--
Baths
--
Year built
1928
Sq. Ft.
2,808
Lot Size
4,237
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
6075-009-024

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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