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8905-8907 S Vermont Ave

0.3 Acres of Commercial Land Offered at £1,104,600 in Los Angeles, CA 90044

Investment Highlights

  • Corner Lot with Alley Access
  • 13,002 SQ. FT. Lot Zoned
  • Covered Land Play with Approximately 4.5 Cap Rate
  • Located in a Qualified Opportunity Zone

Executive Summary

Marcus & Millichap is pleased to present a development site located in unincorporated Los Angeles. The opportunity can be a great covered land play, with a current gross income of $97,200. The 13,002 square . foot . site is situated on a corner with great visibility and alley access. The property is also located in a Qualified Opportunity Zone.

Property Facts

Price £1,104,600 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Apartment Units
No. Lots 1 Total Lot Size 0.30 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £1,104,600
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
Total Lot Size 0.30 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price £1,104,600 Lot Size 0.30 AC
Price Per AC £3,700,688
Price £1,104,600
Price Per AC £3,700,688
Lot Size 0.30 AC
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Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6047-010-002
  • 6047-010-001
 Improvements Assessment £22,010
Land Assessment £40,058 Total Assessment £62,067

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6047-010-002
  • 6047-010-001
Land Assessment
£40,058
Improvements Assessment
£22,010
Total Assessment
£62,067

zoning

Zoning Code LCC3YY
LCC3YY
(310) 909-5478

  • Listing ID: 33703869

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 8905-8907 S Vermont Ave, Los Angeles, CA 90044

The Land Property at 8905-8907 S Vermont Ave, Los Angeles, CA 90044 is currently available For Sale. Contact Marcus & Millichap for more information.

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8905-8907 S Vermont Ave
(310) 909-5478 x

8905-8907 S Vermont Ave

Jon Emrani

(310) 909-5478

(310) 909-5478

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