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Corner Retail/Medical Suite
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991 S Vermont, Los Angeles, CA 90006

COMMERCIAL - Los Angeles, CA

Property Size2,000 SF
Days on Market163

Property Features for 991 S Vermont

General Information

Property type Commercial Lease
Property subtype Office
Directions North and west of Olympic Blvd and Vermont. For Navigation - 2707 w Olympic Blvd, Los Angeles, CA, 90006
Subdivision KREA - Koreatown
Standard status Active
APN 5078009010

Building Details

Year built 2007
Listing Agency: Lifetime Realty Inc
Listed By: JW Najulee · License #02099107
Added: Feb 18 Changed: Jul 6 Last Checked: Jul 31 at 1:06PM
MLS# PW26036524

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This corner suite is available for lease and was previously used for wedding events, Verizon, and Data Solutions. The space offers approximately 1,000 to 2,000 square feet and includes one private restroom located inside the unit.

Situated at 991 S Vermont in Los Angeles, the property is positioned in Koreatown at the intersection of Olympic Blvd and Vermont Ave. The location is described as a high-traffic intersection with approximately 50,000 cars per day, providing strong street visibility and signage exposure.

The existing configuration and included restroom make the suite suitable for retailers or medical office users seeking direct customer-facing access. Businesses that rely on walk-by visibility and prominent signage at a major intersection may find the layout and location workable for day-to-day operations in a central commercial setting.

Key Highlights

  • Year built 2007
  • Former wedding event / Verizon / Data Solutions space at Olympic Blvd & Vermont Ave in Koreatown
  • Corner unit on a high‑traffic intersection with approx. 50,000 cars per day

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Restaurant Veterinary Clinic Building Supply (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,057
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$27.7 /SF/Yr
Avg Asking Price
$1.25–$96 /SF/Yr
Price Range
5,328 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Suite at a busy intersection with one private restroom, suited for retail or medical office tenants.
Where is this office units located?
The property is located at 991 S Vermont Los Angeles, CA.
What are key features of this property?
This property features: Year built 2007; Former wedding event / Verizon / Data Solutions space at Olympic Blvd & Vermont Ave in Koreatown; Corner unit on a high‑traffic intersection with approx. 50,000 cars per day
More about this property
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