4300 S Vermont Ave, Los Angeles, CA 90037
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4300 S Vermont Ave Los Angeles, CA 90037

$1,150,000 Sold Price as of 12/01/2021
  • -- Beds
  • -- Baths
  • 6,683 Sq.Ft.
Sold
$1,150,000 Sold Price as of 12/01/2021 Refinance Your Mortgage

Map preview of 4300 S Vermont Ave, Los Angeles, CA 90037

Property Overview: 4300 S Vermont Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 6,683 living square feet and 6,683 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Vermont Square Land development opportunity, Free-standing building, high traffic commercial/retail area in South Los Angeles, Vermont Avenue identity, flexible opportunity for land developer or owner-user seeking sites like this neighborhood, community, and regional retail business. This opportunity consisting of 1 contiguous parcel zoned “C2-1VL-CPIO” COMMERCIAL ZONE & consist of a total of 6,683+/- square feet of semi-improved land, with one (1) Free Standing multi-tenant building that consist of one Single-Story 1,002+/- square feet – corner commercial building. This site provides 54+/- feet of frontage on Vermont Avenue with a lot dimension 54’ x 125’. APN: 5020-035-022. Zoning provides for a wide range of uses from Restaurant, tearoom, or cafe (including entertainment other than dancing) or use permitted in the C1.5, C1, CR Limited Commercial & R4 Multiple Dwelling Zone. The subject property is designated Tier 3 in the Transit Oriented Communities (TOC). (CPIO) Districts are a specialized zoning tool designed to carry out the goals and objectives of newly updated Community Plans. The subject property is currently occupied by two (2) tenants that are currently on a month-to-month lease terms, Reina’s - Salvadoran Restaurant & Botanica Virgen de Guadalupe retail store provides the ownership with an annual gross rental income of $33,600.00 per year. Please do not disturbed the tenants, Tenants are unaware that the subject property is for Sale.

Listed by ERIC CHAVEZ | BRE #01397806 | CHAVEZ & ASSOCIATES REBF, INC
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 160

Home details

Lot Sq. Ft
6,683
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Land
Status
Sold
MLS#
CV21024143
City
Los Angeles
County
Los Angeles
Time on Site
1190 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5288
  • Total # of Buildings: 1
  • # of Leased Units: 2
Unit Breakdown 1
  • # of Units: 986
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,400
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 4302
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,400
  • Total Rent: --
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: --

Property Details for 4300 S Vermont Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 11-15 Units/Acre, 16-20 Units/Acre, Corner Lot, Flag Lot, Rectangular Lot, Level, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 5288
  • Parcel Number: 5020035022
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: along Vermont Avenue, south of the I-10 Freeway, west of Interstate 110, near to USC, LA Memorial Coliseum
View more facts & features

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Sale History for 4300 S Vermont Ave

Last sold for $1,150,000 on December 1st, 2021
  • December, 2021

  • Dec 7, 2021

    Date

    Sold

    CRMLS: CV21024143

    $1,150,000

    Price

  • Jul 24, 2021

    Date

    Pending

    CRMLS: CV21024143

    $1,300,000

    Price

  • Feb 5, 2021

    Date

    Active

    CRMLS: CV21024143

    $1,300,000

    Price

  • March, 2011

  • Mar 25, 2011

    Date

    Sold (Public Records)

    Public Records

    $135,000

    Price

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Tax History for 4300 S Vermont Ave

Assessed Value (2020): $257,719
Year Land Value Improved Value Assessed Value
2020 $187,434 $70,285 $257,719

Home Value Compared to the Market

This property vs the competition

4300 S Vermont Ave sold on December 1, 2021 for 9.24% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $194.52 per/sqft which puts the price per square foot 74.24% lower than the current median sale per square foot for the city of Los Angeles.

About 4300 S Vermont Ave

Detailed summary of property

4300 S Vermont Ave is a land that recently sold in Los Angeles, CA 90037. This land offered -- bedrooms, -- bathrooms, roughly 6,683 living square feet, and sits on an approximately 6,683 square foot lot. 4300 S Vermont Ave was first listed on ArdentRealEstateGroup.com on February 5, 2021. The homeowner sold the property for $1,150,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 9.24% higher than the current median priced home. Local homes that are currently for sale include 932 N Kingsley Dr, 12016 S Figueroa St and 1150 N Kingsley Dr. While the average home in Los Angeles, CA is selling in 94 days, 4300 S Vermont Ave has a days on market of 160 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 4300 S Vermont Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4300 S Vermont Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
1,002
Lot Size
6,682
Stories
1
Type
Restaurant
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5020-035-022

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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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.