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7014 S Vermont Ave, Los Angeles, CA 90044
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7014 S Vermont Ave Los Angeles, CA 90044

$1,500,000
  • 4 Beds
  • 4 Baths
  • 3,313 Sq.Ft.
For Sale
$1,500,000 Get Pre-Qualified
Map preview of 7014 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 7014 S Vermont Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,313 living square feet and 5,489 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: Mixed used multiple unit income property. It has 3 units residential building. Monthly rent from residential units $3,200. It has 2 units commercial store. Monthly rent from commercial space $2,500. Total monthly income $5,700. $360 monthly expense for trash collection. Lots of potential. Close to all amenities. Priced to sell...

Listed by Mahmud Ulkarim | BRE #01080192 | Megna Real Estate Services
Last checked: 2 seconds ago | Last updated: March 8th, 2024 | Source CRMLS | DOM: 279
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Home details

Lot Sq. Ft
5,489
HOA Dues
$0/mo
Year built
1940
Garage
2 Car
Property Type:
Mixed Use
Status
Active
MLS#
SR23128132
City
Los Angeles
County
Los Angeles
Time on Site
289 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 3
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,400
  • Net Operating Income: $52,440
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,960
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $4,860
  • Trash: $2,700
  • Insurance: $2,400
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 7014 S Vermont Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 6013003020
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From Freeway 110 south to exit Florence Ave.Turn right onto Florence Ave.Turn right onto S Vermont Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 7014 S Vermont Ave

Last sold on July 10th, 2020

  • July, 2023

  • Jul 13, 2023

    Date

    Active

    CRMLS: SR23128132

    $1,000,000

    Price

  • November, 2020

  • Nov 15, 2020

    Date

    Expired

    CRMLS: SR19266188

    $705,000

    Price

  • Nov 16, 2019

    Date

    Active

    CRMLS: SR19266188

    $705,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed used multiple units income property. It has 3 unit residential building. Monthly rent from residential units $2,600. It has 2 units commercial store. Monthly rent from commercial space $2,000. Also $600 monthly income from storage rent and parking lot rental. Total monthly income $5,200. Only approx. $300 monthly expense for trash collection. Lots of potential. Close to all amenities. Priced to sell.....

  • July, 2020

  • Jul 10, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2019

  • Jul 13, 2019

    Date

    Expired

    CRMLS: SR18169594

    $705,000

    Price

  • Jul 14, 2018

    Date

    Active

    CRMLS: SR18169594

    $705,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed used multiple units income property. It has 3 unit residential building. Monthly rent from residential units $2,600. It has 2 units commercial store. Monthly rent from store $2,000. Also $600 monthly income from storage and parking lot rental. Total monthly income $5,200. Only expense is trash collection approx. $300. Close to all amenities. Lots of potential. ASSUME LOAN OF $396k, NO CREDIT CHECK, NO INCOME VERIFICATION. MONTHLY PAYMENT $2,415. PUT DOWN $309K AND CLOSE ESCROW. DO NOT PASS THIS OPPORTUNITY OF LIFE TIME.

  • January, 2018

  • Jan 9, 2018

    Date

    Expired

    CRMLS: SR17005558

    $950,000

    Price

  • Jan 10, 2017

    Date

    Active

    CRMLS: SR17005558

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed use multiple building income property.It has 3 unit residential building.Monthly rent from residential unit $2,300.00.It has 2 commercial store.Monthly rent from store $2,000.00 Also $600.00 monthly income from storage and parking lot rental.Total monthly income $4,900.00. Close to all amenities.Priced to sell.....

  • September, 2014

  • Sep 29, 2014

    Date

    Sold (Public Records)

    Public Records

    $170,000

    Price

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Tax History for 7014 S Vermont Ave

Assessed Value (2020): $404,407
Year Land Value Improved Value Assessed Value
2020 $307,702 $96,705 $404,407

Home Value Compared to the Market

This property vs the competition

7014 S Vermont Ave is listed 21.36% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $452.76 per/sqft which puts the price per square foot 41.43% lower than the median price per square foot for the city of Los Angeles.

About 7014 S Vermont Ave

Detailed summary of property

7014 S Vermont Ave is a mixed use located in Los Angeles, CA 90044 and is currently for sale. This mixed use property offers 4 bedrooms, 4 bathrooms, roughly 3,313 living square feet, and sits on an approximately 5,489 square foot lot. 7014 S Vermont Ave was first listed on ArdentRealEstateGroup.com on July 14, 2023. The homeowner is currently asking $1,500,000 and was originally asking $1,000,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 21.36% higher than the median priced home. Local competing homes currently for sale include 3033 E 8th St, 1357 W Temple St and 2007 Pennsylvania Ave. While the average home in Los Angeles, CA is selling in 96 days, 7014 S Vermont Ave has a days on market of 279 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 7014 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 7014 S Vermont Ave

Public county record property details
Beds
1
Baths
1
Year built
1940
Sq. Ft.
3,313
Lot Size
5,488
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
70,71
APN
6013-003-020

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.
$517
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$503
Total Inventory
80
Median Sale to List Price %
100%
Avg Days on Market
51
Loan Type
Conventional (57.14%), FHA (7.14%), VA (0%), Cash (7.14%), Other (14.29%)

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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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