Search
6553 S Vermont Ave, Los Angeles, CA 90044
Image 2 for 6553 S Vermont Ave, Los Angeles, CA 90044
Image 3 for 6553 S Vermont Ave, Los Angeles, CA 90044
View Photos

6553 S Vermont Ave Los Angeles, CA 90044

$1,319,000
  • 4 Beds
  • 6 Baths
  • 2,863 Sq.Ft.
For Sale
$1,319,000 Get Pre-Qualified
Map preview of 6553 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 6553 S Vermont Ave Los Angeles, CA has 4 bedrooms, 6 bathrooms, 2,863 living square feet and 2,502 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: 7.22% Cap Rate! We are excited to introduce this exceptional investment opportunity, featuring a versatile mixed-use property with five units that seamlessly blend residential and commercial possibilities. The property spans 2,863 square feet on a spacious 5,084 square foot C2 Lot (TOC-3) in the bustling Vermont Corridor. It includes three residential units and two commercial spaces. Currently, one commercial space and one residential unit are vacant, offering the immediate potential for increased rental income, making it an attractive option for savvy investors looking to capitalize on the active local market. In addition, there are ready-to-issue(RTI) plans to convert the garage into a one-bedroom unit. With two tenants on month-to-month leases, there is significant flexibility for future development or restructuring. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is strategically positioned for substantial value growth and has the potential to make a positive impact on its vibrant neighborhood.

Listed by Armin Soleimani | BRE #01846872 | Global Platinum Properties, Inc.
Co-listed by Julio Ruiz | BRE #01911261 | Global Platinum Properties, Inc.
Last checked: 6 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
2,502
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24426631
City
Los Angeles
County
Los Angeles
Time on Site
37 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.22%
  • Gross Rent Multiplier: 10.73
  • Gross Scheduled Income: --
  • Net Operating Income: $95,292
  • Gross Operating Income: $123,000
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 6553 S Vermont Ave

No upcoming open houses

Schedule Tour

Property Details for 6553 S Vermont Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 6014012002
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located on the South-West corner of 65th & Vermont.
View more facts & features

Local Los Angeles Agent

Sale History for 6553 S Vermont Ave

Last sold for $90,000 on June 17th, 2013

  • August, 2024

  • Aug 12, 2024

    Date

    Active

    CRMLS: 24426631

    $575,000

    Price

  • September, 2023

  • Sep 6, 2023

    Date

    Canceled

    CRMLS: 23302791

    $1,400

    Price

  • Aug 20, 2023

    Date

    Active

    CRMLS: 23302791

    $1,400

    Price

  • Listing provided courtesy of CRMLS

  • June, 2013

  • Jun 17, 2013

    Date

    Sold (Public Records)

    Public Records

    $90,000

    Price

Show More

Tax History for 6553 S Vermont Ave

Assessed Value (2020): $124,977
Year Land Value Improved Value Assessed Value
2020 $112,596 $12,381 $124,977

Home Value Compared to the Market

This property vs the competition

6553 S Vermont Ave is listed 9.92% 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 $460.71 per/sqft which puts the price per square foot 40.01% lower than the median price per square foot for the city of Los Angeles.

About 6553 S Vermont Ave

Detailed summary of property

6553 S Vermont Ave is a multi family located in Los Angeles, CA 90044 and is currently for sale. This multi family property offers 4 bedrooms, 6 bathrooms, roughly 2,863 living square feet, and sits on an approximately 2,502 square foot lot. 6553 S Vermont Ave was first listed on ArdentRealEstateGroup.com on August 12, 2024. The homeowner is currently asking $1,319,000 and was originally asking $575,000. 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 9.92% higher than the median priced home. Local competing homes currently for sale include 1250 W 83rd St, 5321 Denker Ave and 540 W 49th St. While the average home in Los Angeles, CA is selling in 106 days, 6553 S Vermont Ave has a days on market of 37 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 6553 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 6553 S Vermont Ave

Public county record property details
Beds
--
Baths
--
Year built
1922
Sq. Ft.
928
Lot Size
2,502
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
6014-012-002

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%)

Tour This Home

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 6553 S Vermont Ave

Nearby Homes for Sale

6209 S Hoover St, Los Angeles, CA 90044
$1,395,000
13 Beds
7 Baths
3736 Sq.Ft.
6209 S Hoover St
Los Angeles, CA 90044
1233 W 60th St, Los Angeles, CA 90044
$1,299,000
8 Beds
6 Baths
2919 Sq.Ft.
1233 W 60th St
Los Angeles, CA 90044
6616 S Figueroa St, Los Angeles, CA 90003
$1,350,000
8 Beds
5 Baths
3408 Sq.Ft.
6616 S Figueroa St
Los Angeles, CA 90003
725 W 77th St, Los Angeles, CA 90044
$1,080,000
2 Beds
9 Baths
3398 Sq.Ft.
725 W 77th St
Los Angeles, CA 90044
623 W 79th St, Los Angeles, CA 90044
$1,425,000
10 Beds
6 Baths
4404 Sq.Ft.
623 W 79th St
Los Angeles, CA 90044
Open Sat 12pm-2pm
927 W 82nd St, Los Angeles, CA 90044
$1,549,999
40 Beds
24 Baths
4 Sq.Ft.
927 W 82nd St
Los Angeles, CA 90044
840 W 52nd St, Los Angeles, CA 90037
$1,250,000
15 Beds
6 Baths
5195 Sq.Ft.
840 W 52nd St
Los Angeles, CA 90037
430 W 80th St, Los Angeles, CA 90003
$1,275,000
10 Beds
6 Baths
3396 Sq.Ft.
430 W 80th St
Los Angeles, CA 90003

Recently Sold Homes Near 6553 S Vermont Ave

6501 S Vermont Ave, Los Angeles, CA 90044
$3,100,000 Last Sold Price
3 Beds
22 Baths
8734 Sq.Ft.
6501 S Vermont Ave
Los Angeles, CA 90044
6425 S Vermont Ave, Los Angeles, CA 90044
$630,000 Last Sold Price
4 Beds
3 Baths
2570 Sq.Ft.
6425 S Vermont Ave
Los Angeles, CA 90044
939 W 66th St, Los Angeles, CA 90044
$1,175,000 Last Sold Price
8 Beds
8 Baths
5340 Sq.Ft.
939 W 66th St
Los Angeles, CA 90044
943 W 65th St, Los Angeles, CA 90044
$800,000 Last Sold Price
7 Beds
4 Baths
3260 Sq.Ft.
943 W 65th St
Los Angeles, CA 90044

Related Resources to 6553 S Vermont Ave

New Listings in 90044
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call