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6551 Vermont Avenue
Los Angeles, CA 90044
We are thrilled to present an excellent investment opportunity that includes 3 mixed-use units combining residential and commercial potential. This property covers 1,424 square feet on a C2 Lot (TOC-3) in the vibrant Vermont Corridor. It consists of 2 residential units and 1 commercial space, with RTI plans in place to convert the garage into an ADU. The current vacancies offer immediate potential for increased rental income, making it attractive to savvy investors looking to capitalize on the active local market. Additionally, with two tenants on month-to-month leases, there is significant flexibility for future development or reorganization. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is well-positioned for substantial value growth and will enhance its lively neighborhood.
PROPERTY INFORMATION
| MLS # | 24426751 | Lot Size | 2,502 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 699,000
Price Per SqFt: $ 518 |
DOM | 266 Days |
| Address | 6551 Vermont Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 1,350 Sq. Ft. |
| Postal Code | 90044 | Garage | N/A |
| County | Los Angeles | Year Built | 1940 |
| Bed / Bath | 2 / 0 | Parking | 2 |
| Built In | 1940 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $746
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/12/2024 | Listed | $745,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Armin Soleimani, Global Platinum Properties, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
