Multi-Building Retail
New
For Sale
Contact for pricing
1133-1159 Vermont Ave, Los Angeles, CA 90006
Two retail addresses on S Vermont Avenue are included in the offering.
Property Size29,177 SF
Price / SF$390.72
Days on Market3
Property Features for 1133-1159 Vermont Ave
General Information
Standard status
Active
Size
29,177 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Pico-Union
Listing Agency:
Kidder Mathews
(213) 421-1400
Listed By:
John Anthony · License #01226464
(213) 225-7218
Source:
Moodyscre
Added: Nov 3
Changed: Nov 5
Last Checked: Nov 4 at 2:40PM
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 Kidder Mathews
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises 29,177 square feet of retail space across buildings at 1133 and 1159 S Vermont Avenue in Los Angeles.
Key Highlights
- 29,177 square feet of retail property
- Retail buildings at 1133 and 1159 S Vermont Avenue in Los Angeles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$677,116
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,542,320
$13.5M
Cap Rate 7%
$9,673,086
$9.7M
Cap Rate 9%
$7,523,511
$7.5M
Market Conditions
NOI Build-Up for 29,177 SF
Gross rent
$1.08M $36.96/SF
− Vacancy
−$111.1K −$3.81/SF
EGI
$967.3K $33.15/SF
− OpEx
−$290.2K −$9.95/SF
NOI
$677.1K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,542,320
Cap Rate 7%
$9,673,086
Cap Rate 9%
$7,523,511
Alternative Uses
Best Use
Retail
$9.67M
$8.46M – $11.29M
NOI $677,116 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$591.11M
$517.22M – $689.63M
NOI $41,377,595 @ 7.0% cap · market cap 362.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,234
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Strip mall - Two retail addresses on S Vermont Avenue are included in the offering.
Where is this strip mall located?
The property is located at 1133-1159 Vermont Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $11,400,000.
What are key features of this property?
This property features: 29,177 square feet of retail property; Retail buildings at 1133 and 1159 S Vermont Avenue in Los Angeles
