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7510 S Vermont Ave, Los Angeles, CA 90044
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7510 S Vermont Ave Los Angeles, CA 90044

$3,495,000
  • -- Beds
  • -- Baths
  • 9,400 Sq.Ft.
For Sale
$3,495,000 Get Pre-Qualified
Map preview of 7510 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 7510 S Vermont Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 9,400 living square feet and 11,200 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: Great opportunity to own a rare and empty former theatre that was converted to a church. Repurpose it as desired or use it as-is. With new codes, the property also affords an opportunity for redevelopment to residential/commercial purposes with residential density bonuses. Check with the city and your architect for all details related thereto. This just in: New law, signed by Gov. Gavin Newsom, rezones land owned by nonprofit colleges and religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. Starting in 2024, they can bypass most local permitting and environmental review rules that can be costly and lengthy. See SB 4. With its high ceilings and expansive clear and open area, the property could be perfect for warehousing, storage space, distribution center, etc. all in a central convenient area. There is a double doorway in the rear at grade providing easy forklift access. Extraordinary opportunity for a large scarce, unique, and desirable property along a major thoroughfare. Property is vacant for immediate occupancy by new ownership or its desired tenants. Unpaved on-site parking area at the rear off of the alley. Trust owned and vacant for years so no other information is available including any historical income and expenses. Sold in its present "as is" condition. No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary.

Listed by David Bond | BRE #00580597 | David Bond
Last checked: 9 minutes ago | Last updated: May 15th, 2024 | Source CRMLS | DOM: 42
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Home details

Lot Sq. Ft
11,200
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Other
Status
Active
MLS#
24392151
City
Los Angeles
County
Los Angeles
Time on Site
42 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
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: --

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Property Details for 7510 S Vermont Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 6020008035
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Florence Avenue near 75th Street. West of the 110 freeway.
View more facts & features

Local Los Angeles Agent

Sale History for 7510 S Vermont Ave

Last sold for $9,500 on March 20th, 2000

  • May, 2024

  • May 13, 2024

    Date

    Active

    CRMLS: 24392151

    $3,495,000

    Price

  • April, 2024

  • Apr 22, 2024

    Date

    Expired

    CRMLS: 23323055

    $3,995,000

    Price

  • Oct 23, 2023

    Date

    Active

    CRMLS: 23323055

    $3,995,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own a rare and empty former theatre that was converted to a church. Repurpose it as desired or use it as-is. With new codes, the property also affords an opportunity for redevelopment to residential/commercial purposes with residential density bonuses. Check with the city and your architect for all details related thereto. This just in: New law, signed by Gov. Gavin Newsom, rezones land owned by nonprofit colleges and religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. Starting in 2024, they can bypass most local permitting and environmental review rules that can be costly and lengthy. With its high ceilings and expansive clear and open area, the property could be perfect for warehousing, storage space, distribution center, etc. all in a central convenient area. There is a large doorway in the rear at grade providing easy forklift access. Extraordinary opportunity for a large scarce, unique, and desirable property along a major thoroughfare. Property is vacant for immediate occupancy by new ownership or its desired tenants. Unpaved on-site parking area at the rear off of the alley. Trust owned and vacant for years so no other information is available including any historical income and expenses. Sold in its present "as is" condition. No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary.

  • March, 2000

  • Mar 20, 2000

    Date

    Sold (Public Records)

    Public Records

    $9,500

    Price

  • June, 1997

  • Jun 26, 1997

    Date

    Sold (Public Records)

    Public Records

    $30,000

    Price

Show More

Tax History for 7510 S Vermont Ave

Assessed Value (2020): $1,917,600
Year Land Value Improved Value Assessed Value
2020 $1,433,100 $484,500 $1,917,600

Home Value Compared to the Market

This property vs the competition

7510 S Vermont Ave is listed 179.82% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $371.81 per/sqft which puts the price per square foot 52.21% lower than the median price per square foot for the city of Los Angeles.

About 7510 S Vermont Ave

Detailed summary of property

7510 S Vermont Ave is a other located in Los Angeles, CA 90044 and is currently for sale. This property offers -- bedrooms, -- bathrooms, roughly 9,400 living square feet, and sits on an approximately 11,200 square foot lot. 7510 S Vermont Ave was first listed on ArdentRealEstateGroup.com on May 15, 2024. The homeowner is currently asking $3,495,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 179.82% higher than the median priced home. Local competing homes currently for sale include 4279 Crenshaw Blvd, 13017 S Broadway and 2551 8th Ave. While the average home in Los Angeles, CA is selling in 98 days, 7510 S Vermont Ave has a days on market of 42 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 7510 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 7510 S Vermont Ave

Public county record property details
Beds
--
Baths
--
Year built
1939
Sq. Ft.
9,400
Lot Size
11,227
Stories
1
Type
Religious, Church, Worship (Synagogue, Temple, Parsonage)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,3
APN
6020-008-035

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
$670,000
Median List Price/Sq.Ft.
$521
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
85
Median Sale to List Price %
104.62%
Avg Days on Market
30
Loan Type
Conventional (12.5%), FHA (41.67%), VA (0%), Cash (16.67%), Other (4.17%)

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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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