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Listed by JULIUS WARD, DRE #01394172 • 401K Realty
$ 2,100,000
Est. payment | /mo
8,654 Sqft Lot
$ 2,100,000
Est. payment | /mo
8,654 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIN26204457
Year Built 1965
Lot Size 8,654 Sqft
Source California Regional MLS
Property Description
Prime 8-Unit Income Property in Vermont Vista Corridor Excellent opportunity to acquire an 8-unit income property positioned in the highly accessible Vermont Vista corridor of Los Angeles. Located just minutes from the 110 Harbor Freeway, the property offers convenient access throughout South Los Angeles and beyond. The well-maintained 5,550-square-foot building sits on an approximately 8,654-square-foot lot and features an attractive unit mix of six 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Long-term, stable tenancy has supported consistently strong occupancy, making this an appealing addition to an income-focused portfolio. The property is situated in an area experiencing significant investment and redevelopment, with convenient proximity to SoFi Stadium, Intuit Dome, and the Hollywood Park entertainment district just few minutes away. This places the property near one of Los Angeles County's active redevelopment and economic growth corridors. Everyday tenant convenience is further supported by nearby schools, including Woodcrest Elementary School, approximately 0.3 miles away, and George Washington Preparatory High School, approximately 0.7 miles away. With a reported 6.8% cap rate and 10.9 GRM, this property offers a compelling combination of curre
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Heating Wall Furnace
Cooling None
Laundry Laundry Area, Other
Exterior
Parking Features Assigned Spaces, Carport , Covered Parking, Private / Exclusive, Other, Parking Area
Garage Spaces 11.0
Pool 31, None
View None
Building
Lot Description Grade - Level, Paved
Water District - Public
Others
Tax ID 6060020017
Special Listing Condition Not Applicable
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