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1101 N Vermont Avenue

Los Angeles (City), CA 90029
  • $8,750,000
  • STATUS: Active Under Contract
  • ON SITE: 660 Days
  • ID#: OC20184888
Under Contract
UPDATED: 35 min ago
$8,750,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,708
    SQFT
  • $689
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1924
County:

School Ratings & Info

Listing Agent(s): James Kezios of Pacific Sotheby's Int'l Realty (949-554-1200)


Description

Pleased to present a portfolio of properties located at 1101 N Vermont Ave, 1117 N Vermont Ave, and 4705 Santa Monica Blvd. All three properties are adjacent to one another, conveniently located on the northwest corner of Santa Monica Blvd and N Vermont Ave. This location offers maximum exposure by being across the street from Metros Vermont/Santa Monica station and on the corner of a four way signaled intersection. These three properties combined, are situated on 24,106 square-feet of land zoned LAC2 and benefits from Tier 4 TOC incentives. Additionally, these properties are located within a Qualified Opportunity Zone. 1101 N Vermont Ave consist of a 12,708 square foot office building. 1117 N Vermont Ave is a 5,488 square foot parking lot. 4705 Santa Monica Blvd consist of a 3,721 square foot office building. Total combined parking is approximately 10,988 square feet. By being centrally located and just blocks away from Los Angeles City college these properties benefit from good transit and high walking scores. The immediate area is benefiting from rapid growth, with multiple new and upcoming developments nearby. This portfolio of properties, offers an ideal investment opportunity for developers to capitalize on the location and maximize its potential.All three properties are to be sold together. Please reference Listing ID OC20184293 and OC20184934 to see other properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-29T20:32:03.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/109759676
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1101 N Vermont Avenue Los Angeles (City), CA 90029

  • Price: $8,750,000
  • Status: Active Under Contract
  • On Site: 660 Days
  • Updated: 35 min ago
  • ID#: OC20184888
0
Beds
0
Baths
0
½ Baths
0.16
Acres
12,708
SQFT
$689
$/SQFT
1924
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Pleased to present a portfolio of properties located at 1101 N Vermont Ave, 1117 N Vermont Ave, and 4705 Santa Monica Blvd. All three properties are adjacent to one another, conveniently located on the northwest corner of Santa Monica Blvd and N Vermont Ave. This location offers maximum exposure by being across the street from Metros Vermont/Santa Monica station and on the corner of a four way signaled intersection. These three properties combined, are situated on 24,106 square-feet of land zoned LAC2 and benefits from Tier 4 TOC incentives. Additionally, these properties are located within a Qualified Opportunity Zone. 1101 N Vermont Ave consist of a 12,708 square foot office building. 1117 N Vermont Ave is a 5,488 square foot parking lot. 4705 Santa Monica Blvd consist of a 3,721 square foot office building. Total combined parking is approximately 10,988 square feet. By being centrally located and just blocks away from Los Angeles City college these properties benefit from good transit and high walking scores. The immediate area is benefiting from rapid growth, with multiple new and upcoming developments nearby. This portfolio of properties, offers an ideal investment opportunity for developers to capitalize on the location and maximize its potential.All three properties are to be sold together. Please reference Listing ID OC20184293 and OC20184934 to see other properties.
Exterior Features

Lot Features Corner LotNear Public Transit Sign On Property YN No

Interior Features

Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN Yes Common Interest None Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Property Sub Type Office Special Listing Conditions Trust Water Source Public Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-29T20:32:03.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): James Kezios of Pacific Sotheby's Int'l Realty (949-554-1200)