$1,188,000
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6553 Vermont Avenue Los Angeles, CA 90044
Cluster
Residence
5
Beds
4
Baths
...
Bed/Bath
2,863
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 bus...tling 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.
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MLS#
24426631
Property Type
Cluster
Bedrooms
5
Bathrooms
Year Built
1922
Square Feet
2,863
sq. ft
Lot Size
0.06
Stories
1.0
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