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6425 S Vermont Ave, Los Angeles, CA 90044
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6425 S Vermont Ave Los Angeles, CA 90044

$1,099,000
  • 7 Beds
  • 3.75 Baths
  • 2,570 Sq.Ft.
Pending
$1,099,000 Get Pre-Qualified
Map preview of 6425 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 6425 S Vermont Ave Los Angeles, CA has 7 bedrooms, 3.75 bathrooms, 2,570 living square feet and 3,600 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: AMAZING TRIPLEX delivered VACANT! 7.5 CAP Rate! Corner LOT zoned C2! This property has been RENOVATED from Top to Bottom, Inside OUT, nothing has been left to do ! 3 Beautiful UNITS are being delivered completely VACANT! RENTS are estimated by comparable rents in the area. Approximately 7.5 CAP rate when the building is fully leased! Collect $9200 per month rent! 2 END units are first floor units with 2 beds, 1 bath, everything inside is BRAND NEW, with ac and heat! TOP Penthouse Middle unit is 3 beds, 2 bath with balcony, ac and heat and private balcony! Again, brand new kitchen, bathrooms, doors, windows, nothing to do but move in! This won't last, the BEST deal in the area in this Los Angeles Market and a real moneymaker! Location is great, close to freeways, stores, shops, downtown, LAX!

Listed by Poupee Komenkul | BRE #01060862 | Rodeo Realty
Last checked: 15 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
3,600
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Triplex
Status
Pending
MLS#
SR24157769
City
Los Angeles
County
Los Angeles
Time on Site
49 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $110,400
  • Net Operating Income: $82,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $27,600
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $2,000
  • Water/Sewer: $0

Open Houses for 6425 S Vermont Ave

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Property Details for 6425 S Vermont Ave

Interior Features
Cooling Information
  • Has Cooling
  • ENERGY STAR Qualified Equipment
Heating Information
  • Has Heating
  • ENERGY STAR Qualified Equipment, See Remarks
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Upper Level, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Balcony
  • Levels: Two
  • Security Features: Security Lights
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Average Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 6014004018
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised, See Remarks
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public, See Remarks
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Take I-10 E to Normandie. Take Western/Normandie EXIT drive South to Vermont - inside Island at Vermont - NOT BUSY
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 6425 S Vermont Ave

Last sold for $630,000 on March 11th, 2024

  • September, 2024

  • Sep 7, 2024

    Date

    Pending

    CRMLS: SR24157769

    $1,099,000

    Price

  • Jul 31, 2024

    Date

    Active

    CRMLS: SR24157769

    $1,099,000

    Price

  • March, 2024

  • Mar 11, 2024

    Date

    Sold

    CRMLS: 24352445

    $630,000

    Price

  • Feb 4, 2024

    Date

    Active

    CRMLS: 24352445

    $625,000

    Price

  • Listing provided courtesy of CRMLS

    Attention seasoned investors, first time investors, and ambitious owner occupants that want to live in one unit and rent out two others pay attention. This almost vacant (1 unit occupied) 3 unit building is available at a great price, you won't find a 3 unit in the area at this price and are likely to never see one in this area at this price ever again. The top unit consists of 2 bedrooms and 1 bathroom and the bottom units consist of 1 bedroom and 1 bath. There is space for four parking spaces in the back. Additionally this property is zoned C-2 with a 50% density bonus meaning you could potentially demolish this building and build 14 units. This well priced triplex with advantage zoning won't last long!

  • January, 2024

  • Jan 26, 2024

    Date

    Canceled

    CRMLS: 23297027

    $675,000

    Price

  • Aug 2, 2023

    Date

    Active

    CRMLS: 23297027

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    Value-Add Opportunity! Subject property is a two story corner triplex that contains 2 - 1 Bedroom +1 Bathroom units and 1 - 2 Bedroom + 1 Bathroom unit. The building is 2,570 Sq. Ft. on a 3,600 Sq. Ft. lot zoned LAC2. Property has room enough for about 4 on-site parking spaces accessed through an alley in the rear. Property has easy access to the 110 Freeway and nearby to many public transportation options.

  • August, 2001

  • Aug 30, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 1983

  • Dec 28, 1983

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 6425 S Vermont Ave

Assessed Value (2020): $147,728
Year Land Value Improved Value Assessed Value
2020 $73,864 $73,864 $147,728

Home Value Compared to the Market

This property vs the competition

6425 S Vermont Ave is listed 8.42% lower 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 $427.63 per/sqft which puts the price per square foot 44.32% lower than the median price per square foot for the city of Los Angeles.

About 6425 S Vermont Ave

Detailed summary of property

6425 S Vermont Ave is a triplex located in Los Angeles, CA 90044 and is currently in escrow to be sold. This triplex offers 7 bedrooms, 3.75 bathrooms, roughly 2,570 living square feet, and sits on an approximately 3,600 square foot lot. 6425 S Vermont Ave was first listed on ArdentRealEstateGroup.com on August 1, 2024. The homeowner is currently asking $1,099,000. 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 8.42% lower than the median priced home. Local competing homes currently for sale include 317 W 76th St, 6143 S Hobart Blvd and 430 W 80th St. While the average home in Los Angeles, CA is selling in 106 days, 6425 S Vermont Ave has a days on market of 14 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 6425 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 6425 S Vermont Ave

Public county record property details
Beds
4
Baths
3
Year built
1922
Sq. Ft.
2,570
Lot Size
3,600
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
58
APN
6014-004-018

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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