The Belson Group
  Residential | Commercial | International Relocation

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C: 818.620.2020
O: 818.449.7058
     

    7609 Vermont Avenue Los Angeles, CA 90044

    1,449,900

    General Information
    • Status: Back-Offers
    • Type:Multi-Family
    • Bedrooms
    • Bathrooms
    • Square feet: 6,480
    • Lot size: 11,296
    • Year built: 1912
  • Mls# 218014693
  • Days on Market: 138
  • Units: 8
  • Acres:
  • HOA Fees:
  • Great development opportunity in the heart of Los Angeles. The property is located on a 7609-7615 S. Vermont. This 11,200 sq. ft. lot zoned lac-2 is directly across from the point at Vermont please see attachments. The lot matches zoning and has very similar square footage. The property across the street is mixed use zoning with recording studio with Grammy award winning composer and additional retail and community meeting space. The bonus is 50 apartments above.The property presently is fully leased out with four stores on ground floor and four apartments above. Present income is 98,000 annually.' Please see attached P&L '. Most leases are month to month.There is approximately a 100 feet of frontage on Vermont Avenue. Receive income while doing your entitlement work. .This is a solid investment property with great upside.PLEASE SEE DOCUMENTS TAB FOR P&L AND ZONING-USAGE.
    Features
    • Cash To New Loan Term
    • Take Property As Is Term
    • Source:VCRDS IDX
    • LA:Roy Belson
    • Co-LA:Steven AslanianCalBRE#01130429
    • Listing Updated:3/7/2019 2:16:14 PM
    • LO:RE/MAX Olson & Associates,CB1494001
    • Co-LO:RE/MAX Olson & Associates Inc.,CB1905001
    • Database Updated:2019/04/19 10:34:27
    • SA:
    • SO:
    • Co-SA:
    • Co-SO:

    Based on information from CARETS as of 19/04/2019 07:00:00 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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