For Sale
$7,750,000
10601 Vermont Ave Los Angeles, CA 90044
High-Yield Retail Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- High-performing coin-operated laundry and car wash in Los Angeles, built in 2018.
- 5,000-5,700 SF building on a 21,344 SF lot, zoned LCC3.
- Strong NOI of $654,875 and 8.45% cap rate, asking price $7,750,000 ($1,360/SF).
- Gross sales exceeding $1.3M, located at 10601 S Vermont Ave, Los Angeles, CA 90044.
- Class B property, single tenant, 100% ownership, eligible for 85% SBA loans and 1031 exchange.
Property Details for 10601 Vermont Ave
- Property type
- Retail properties, Retail space
- Square Feet
- 5,000 SF
- Class
- B
- Year Built
- 2018
- Stories
- 1
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 33.939733750184
- Longitude
- -118.29193907663
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Retail Investment Opportunity
- Where is the retail property located?
- The property is located at 10601 Vermont Ave Los Angeles, CA.
- What is the asking price?
- The asking price for this property is $7,750,000.
- What are key features of this property?
- This property features: High-performing coin-operated laundry and car wash in Los Angeles, built in 2018.; 5,000-5,700 SF building on a 21,344 SF lot, zoned LCC3.; Strong NOI of $654,875 and 8.45% cap rate, asking price $7,750,000 ($1,360/SF).
- How can I contact the broker?
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