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4529 S Vermont Ave, Los Angeles, CA 90037
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4529 S Vermont Ave Los Angeles, CA 90037

$2,050,000
  • 16 Beds
  • 15 Baths
  • 6,750 Sq.Ft.
For Sale
$2,050,000 Get Pre-Qualified
Map preview of 4529 S Vermont Ave, Los Angeles, CA 90037

Property Overview: 4529 S Vermont Ave Los Angeles, CA has 16 bedrooms, 15 bathrooms, 6,750 living square feet and 8,014 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: The mixed-use building is located in the vibrant Vermont Square neighborhood of Los Angeles. It is a Maison building, offering a blend of residential and retail spaces situated on a signalized corner, ensuring high visibility and easy access for both residents and commercial tenants. The building consists of four (4) residential units and three (3) retail spaces, offering a diverse mix of income streams. Additionally, the property provides storage and parking spaces for rental, adding value and convenience for tenants and potential investors. The large alleyway entrance facilitates easy access for both residential and commercial purposes. The current gross income is $172,896.00 Yearly.

Listed by Shahram Shamounpour | BRE #02122389 | Keller Williams Realty Westside
Last checked: 7 minutes ago | Last updated: February 29th, 2024 | Source CRMLS | DOM: 164
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Home details

Lot Sq. Ft
8,014
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23293209
City
Los Angeles
County
Los Angeles
Time on Site
178 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,544
  • Total Rent: $1,544
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,103
  • Total Rent: $1,103
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,063
  • Total Rent: $1,063
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 5
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,323
  • Total Rent: $1,323
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $143,003
  • Gross Operating Income: $172,896
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4529 S Vermont Ave

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Property Details for 4529 S Vermont Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Street
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 4
  • Parcel Number: 5017031006
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South Vermont and 46TH
View more facts & features

Local Los Angeles Agent

Sale History for 4529 S Vermont Ave

Last sold for $1,360,000 on December 30th, 2020

  • November, 2023

  • Nov 7, 2023

    Date

    Active

    CRMLS: 23293209

    $2,400,000

    Price

  • January, 2021

  • Jan 2, 2021

    Date

    Sold

    CRMLS: MB19204174

    $1,360,000

    Price

  • Sep 29, 2020

    Date

    Pending

    CRMLS: MB19204174

    $1,820,000

    Price

  • Aug 26, 2019

    Date

    Active

    CRMLS: MB19204174

    $1,820,000

    Price

  • Listing provided courtesy of CRMLS

    Two story mixed use corner lot building. 100% leased; month to month tenants, even the parking lot generates income!!!!!! This income generating machine includes Three 2 beds/ 1 bath apartment and One 1 bed/1 bath apartment plus 3 retail space.

  • December, 2020

  • Dec 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,360,000

    Price

  • January, 2003

  • Jan 24, 2003

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

Show More

Tax History for 4529 S Vermont Ave

Assessed Value (2020): $489,239
Year Land Value Improved Value Assessed Value
2020 $262,247 $226,992 $489,239

Home Value Compared to the Market

This property vs the competition

4529 S Vermont Ave is listed 67.35% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $303.7 per/sqft which puts the price per square foot 60.76% lower than the median price per square foot for the city of Los Angeles.

About 4529 S Vermont Ave

Detailed summary of property

4529 S Vermont Ave is a multi family located in Los Angeles, CA 90037 and is currently for sale. This multi family property offers 16 bedrooms, 15 bathrooms, roughly 6,750 living square feet, and sits on an approximately 8,014 square foot lot. 4529 S Vermont Ave was first listed on ArdentRealEstateGroup.com on November 7, 2023. The homeowner is currently asking $2,050,000 and was originally asking $2,400,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 67.35% higher than the median priced home. Local competing homes currently for sale include 136 W 48th St, 932 W 66th St and 3105 S Walton Ave. While the average home in Los Angeles, CA is selling in 96 days, 4529 S Vermont Ave has a days on market of 164 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 4529 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 4529 S Vermont Ave

Public county record property details
Beds
--
Baths
--
Year built
1922
Sq. Ft.
6,750
Lot Size
8,013
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5017-031-006

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
$725,000
Median List Price/Sq.Ft.
$562
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.

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