Freestanding Convenience Store
For Sale
$1,100,000
10201 S Vermont Ave, Los Angeles, CA 90044
LCC3-zoned retail property with a compact building and commercial corridor exposure.
Property Size1,620 SF
Lot Size0.13 Acres
Price / SF$679.01
Days on Market102
Property Features for 10201 S Vermont Ave
General Information
Standard status
Active
Size
1,620 SF
Lot size
0.13 Acres
Property subtype
Commercial/Industrial
Zoning
LCC3
Building Details
Year Built
1996
Buildings
1
Listing Agency:
Century 21 Masters
(760) 686-1214
Listed By:
Maria Gimenez Telleria · License #01979607
(760) 686-1214
Source:
Exitrealty
Added: May 20
Changed: Aug 29
Last Checked: Aug 29 at 1:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Masters
Investment Insights
Based on property information with market context.
This freestanding retail property includes an approximately 1,620-square-foot building on an approximately 5,518-square-foot lot. Constructed in 1996, the site carries LCC3 zoning per public records and is suited to evaluation for grocery, convenience, or other retail-oriented use subject to buyer verification and city approval.
The property fronts S Vermont Ave in South Los Angeles within a busy commercial corridor surrounded by established residential neighborhoods and local businesses. Major streets, public transportation, schools, and community amenities are located nearby, supporting convenient access for the surrounding area.
The property fronts S Vermont Ave in South Los Angeles within a busy commercial corridor surrounded by established residential neighborhoods and local businesses. Major streets, public transportation, schools, and community amenities are located nearby, supporting convenient access for the surrounding area.
Key Highlights
- Approximately 1,620‑square‑foot building on an approximately 5,518‑square‑foot lot
- LCC3 zoning per public records
- Located on S Vermont Ave in South Los Angeles
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,394
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$847,880
$847.9K
Cap Rate 7%
$605,629
$605.6K
Cap Rate 9%
$471,044
$471.0K
Market Conditions
NOI Build-Up for 1,620 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$60.1K $37.08/SF
− Vacancy
−$3.5K −$2.19/SF
EGI
$56.5K $34.89/SF
− OpEx
−$14.1K −$8.72/SF
NOI
$42.4K $26.17/SF
Area
ZIP 90044
Vacancy
5.90%
Lease Rate
$37.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$847,880
Cap Rate 7%
$605,629
Cap Rate 9%
$471,044
Alternative Uses
Best Use
Specialty Retail
$605.6K
$529.9K – $706.6K
NOI $42,394 @ 7.0% cap · market cap 3.85%
Second Best
Retail
$565.3K
$494.6K – $659.5K
NOI $39,568 @ 7.0% cap · market cap 3.60%
Theoretical Best
Multifamily LT 5
$32.82M
$28.72M – $38.29M
NOI $2,297,416 @ 7.0% cap · market cap 208.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - LCC3-zoned retail property with a compact building and commercial corridor exposure.
Where is this grocery and convenience store located?
The property is located at 10201 S Vermont Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 1,620‑square‑foot building on an approximately 5,518‑square‑foot lot; LCC3 zoning per public records; Located on S Vermont Ave in South Los Angeles
