1528 Vermont AveLos Angeles, CA 90027
- Investment properties
- 9,017 SF
Property Details for 1528 Vermont Ave
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 0.33 AC
- Property size (Sq ft)
- 9,017 SF
- Zone code
- LAC2
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 5542-015-001
- APU
- 5542015001
Description
This 9,017 square foot retail property at 1528 N Vermont Ave, Los Angeles, CA 90027, offers two available suites ranging from 1,208 to 1,362 square feet. Built in 2004, this single-story building boasts a total of 17 parking spaces, a rare amenity in this vibrant area. Located near the Vermont/Sunset Metro Station and major freeways (CA-101, I-5, and CA-2), the property provides excellent accessibility and visibility on N Vermont Ave, benefiting from high foot traffic. The flexible interior layout is suitable for various uses, including retail stores, offices, or studios. The 14,294 square foot lot is zoned LAC2 and features a total of 2 suites, with 2,570 square feet currently vacant. This prime Hollywood location offers unmatched opportunity for businesses seeking high visibility and convenient access to public transportation and major thoroughfares. The property's convenient location near local attractions and entertainment hotspots, combined with ample parking, makes it an ideal choice for a variety of businesses. The address is 1528 N Vermont Ave, Los Angeles, CA 90027, with a cross street of Sunset Blvd and APN 5542-015-001.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,297,940
- 6.5%
- $3,044,252
- 7%
- $2,826,806
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,657,743
- Geo Method
- $2,657,743
-
Alternative Use
- Use
- Valuation
- Residential
- $3,044,252
- Hospitality
- $2,788,519
- Educational
- $2,320,015
- Medical
- $2,399,804
- Retail
- $3,608,912
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0989
- Longitude
- -118.291
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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