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4926 S Vermont Ave Los Angeles, CA 90037
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Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,648 sqft
Price per Sqft $354
MLS Listing ID 25498727
Sold Date 04/18/25
Bedrooms 2
Construction Status Tear Down, Repairs Major, Value Mainly In Land
Year Built 1933
Lot Size 6,021 Sqft
Property Sub-Type Multi-Family
Property Description
***$50,000 price reduction and offered at $113 land per SF *** Situated on a 6,020 SF corner lot zoned LAC2-1VL-CPIO, 4926 S. Vermont offers exceptional development potential. The site allows for 9 units by-right, 30 units with mixed-use incentives, and up to 52 units with affordable housing incentives (buyer to verify). Existing improvements include a mixed-use duplex with one retail and one residential unit. For full development details, including a BrickWork development report, please refer to the marketing package. Located 2 blocks north of Slauson and Vermont, this property sits just 2 miles from USC, Exposition Park, BMO Stadium, and The Lucas Museum, making it an attractive opportunity in a rapidly evolving corridor. The area is experiencing a significant influx of new affordable and supportive housing projects, driven by excellent transit accessibility and proximity to key commercial hubs.
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Zoning LAC2
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Uncovered
Garage Spaces 1.0
View Y/N No
View None
Building
Story 1
Level or Stories One
Construction Status Tear Down, Repairs Major, Value Mainly In Land
Others
Special Listing Condition Standard
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Bought with Compass