Listing provided courtesy of Steven Gray of eXp Realty of Greater Los Angeles. Last updated 2025-04-26 08:11:50.000000. Listing information © 2024 Sandicor.
Asking Price: $1,200,000 |
4512 Vermont, Los Angeles CA 90037
Community: C37 - Metropolitan South
This Commercial/Residential property was built in 1930 and is priced at $1,200,000. Please see the additional details below.
This mix-use property presents a rare RTI (Ready-to-Issue) development opportunity with approved plans and permits to develop a 14 unit all 1B/1B multifamily project, this property is perfect for developers seeking a value-add investment with significant upside. The lot currently includes two buildings, one of which is boarded up, and has an existing tenant (seller will deliver vacant as part of offering and asking price).
The location offers excellent visibility and is surrounded by residential and commercial properties, making it ideal for mixed-use or multifamily housing. The tenant will be vacated before COE, and RTI delivered approved and ready at COE.
