1864 Vermont AveLos Angeles, CA 90027

Property Details for 1864 Vermont Ave

Year built

1950

Construction

TILT-UP CONCRETE

Lot size

0.26 AC

Property size (Sq ft)

11,371 SF

Zone code

LAC4

Property type

Investment properties

Property subtype

Retail residential properties

APN

5590-015-003

APU

5590015003

Description

This exceptional 2,500-square-foot executive office space is ideally situated at 1864 N Vermont Ave in Los Angeles, California, within Los Angeles County (zip code 90027). The property is a single-tenant space, offering complete privacy and control. Classified as both retail and office space, this versatile property is perfect for a business seeking a prominent location with ample room for growth. The entire 2,500 square feet is currently vacant and ready for immediate occupancy. The property's location in Los Angeles offers excellent access to major transportation arteries, ensuring convenient commutes for employees and clients. This presents a unique opportunity for a business to establish a strong presence in a vibrant and dynamic area of Los Angeles. The property type is categorized as both retail and office, suggesting flexibility in its potential uses. The single-tenant occupancy ensures a streamlined and efficient operational environment. This turnkey solution eliminates the need for extensive renovations or build-outs, allowing businesses to focus on their core operations from day one. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is located at 34.1049378 latitude and -118.291666 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $4,158,908

  6.5%

  $3,838,992

  7%

  $3,564,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,351,580

  Geo Method

  $3,351,580

• Alternative Use

  Use

  Valuation

  Residential

  $3,838,992

  Hospitality

  $3,516,496

  Educational

  $2,925,684

  Medical

  $3,026,302

  Retail

  $4,551,064

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.105

Longitude

-118.291

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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