Los Angeles, CA 90044,11316 S Vermont Avenue
Listed by Peter Lee • Coldwell Banker Best Realty
Bought with Katherin Carcamo Williams • Berkshire Hathaway HomeServices California Properties

$2,200,000

Est. payment /mo

$2,300,000

4.3%
Est.Price: ?

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11316 S Vermont Avenue Los Angeles, CA 90044

4,632 SqFt

SOLD DATE : 03/03/2025

Key Details

Sold Price $2,200,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 4,632 sqft

Price per Sqft $474

MLS Listing ID CRPW24188285

Sold Date 03/03/25

HOA Y/N No

Year Built 1928

Lot Size 0.367 Acres

Property Sub-Type Mixed Use

Source Datashare California Regional

Property Description

This listing includes three distinct areas: 11316-11318 S. Vermont Ave., Los Angeles, CA 90044, which features an approximately 8,000 SF lot with a 4,632 SF retail building, and 11331 Southwest Blvd., Los Angeles, CA 90044, an 8,198 SF parking lot. The 4,632 SF retail building, located in a prime roadside position, previously generated $10,000 per month in rental income, while the adjacent 8,200-square-foot parking lot adds an additional $4,000 per month. This presents a prime opportunity for an owner-user or investor, with a profitable commercial property in a thriving and highly accessible location, just under 10 minutes from Freeways 110, 105, and 710. With continuous development in the area in anticipation of the 2028 LA Olympics, this property offers excellent potential for future value appreciation. Additionally, it is conveniently located within 5 miles of SoFi Stadium, making it perfectly positioned for growth. Don’t miss out on this exceptional investment opportunity.

Location

State CA

County Los Angeles

Interior

Cooling Central Air

Fireplace No

Building

Water Public

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Bay East Association of Realtors
Patricia Beattie

Patricia Beattie

Broker | CA DRE#02153415

+1(800) 517-7326

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