7515 S Vermont Ave, Los Angeles, CA 90044
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7515 S Vermont Ave Los Angeles, CA 90044

$765,000 Sold Price as of 01/20/2022
  • 12 Beds
  • 9 Baths
  • 2,745 Sq.Ft.
Sold
$765,000 Sold Price as of 01/20/2022 Refinance Your Mortgage

Map preview of 7515 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 7515 S Vermont Ave Los Angeles, CA has 12 bedrooms, 9 bathrooms, 2,745 living square feet and 4,983 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fully stabilized mix use project of 2,735 sq ft made up of a beauty salon ( 736 sq.ft ), ADU that is 773 Sq.ft and consists of 2 bedrooms and 1 bathroom and Single Family Residence that is 1236 sq ft and consists of 2 bedrooms and one bonus room(currently being used by tenants as 3rd bedroom) and 1 and a half bathrooms. The units have been remodeled and are currently leased. The residential units have new plumbing, electrical, flooring, lighting, doors, double pane windows, bathrooms, etc and are sprinklered. There is secured parking for the residential and ample street parking. $20MM multi family project recently completed across the street. Project has been properly permitted by the City of Los Angeles. Convenient to USC, L.A. Live, Staples Center, 110fwy and so much more the great city of L.A. has to offer. Landlord pays for trash and water for salon and two bedroom ( shared water meter)

Listed by Marshall McVeigh | BRE #01962992 | Keller Williams Realty World Class
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
4,983
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
SR21234016
City
Los Angeles
County
Los Angeles
Time on Site
939 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 4
  • # of Baths: 3
  • Actual Rent: $6,005
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,060
  • Net Operating Income: $48,452
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $20,105
  • Trash: $1,920
  • Insurance: $2,500
  • Maintenance: $2,400
  • Water/Sewer: $3,000
  • Other Expenses: $685

Property Details for 7515 S Vermont Ave

Interior Features
Laundry Information
  • Inside
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 6019018006
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: 110 to Florence, West on Florence, left on Vermont. Property will be on your right
View more facts & features

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Sale History for 7515 S Vermont Ave

Last sold for $765,000 on January 20th, 2022
  • January, 2022

  • Jan 24, 2022

    Date

    Sold

    CRMLS: SR21234016

    $765,000

    Price

  • July, 2019

  • Jul 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,840,909

    Price

  • February, 2018

  • Feb 2, 2018

    Date

    Sold (Public Records)

    Public Records

    $347,900

    Price

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Tax History for 7515 S Vermont Ave

Assessed Value (2020): $670,000
Year Land Value Improved Value Assessed Value
2020 $500,000 $170,000 $670,000

Home Value Compared to the Market

This property vs the competition

7515 S Vermont Ave sold on January 20, 2022 for 31.74% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $295.94 per/sqft which puts the price per square foot 60.8% lower than the current median sale per square foot for the city of Los Angeles.

About 7515 S Vermont Ave

Detailed summary of property

7515 S Vermont Ave is a mixed use that recently sold in Los Angeles, CA 90044. This mixed use property offered 12 bedrooms, 9 bathrooms, roughly 2,745 living square feet, and sits on an approximately 4,983 square foot lot. 7515 S Vermont Ave was first listed on ArdentRealEstateGroup.com on October 22, 2021. The homeowner sold the property for $765,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 31.74% lower than the current median priced home. Local homes that are currently for sale include 4606 Compton Ave, 1942 W Jefferson Blvd and 11111 Wilmington Ave. While the average home in Los Angeles, CA is selling in 92 days, 7515 S Vermont Ave has a days on market of 34 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 7515 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 7515 S Vermont Ave

Public county record property details
Beds
--
Baths
--
Year built
1921
Sq. Ft.
2,790
Lot Size
4,983
Stories
1
Type
Store/Office (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
6019-018-006

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.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
78
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), 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.