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8650 Vermont S Vermont Los Angeles, CA 90044

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For Sale
$3,999,000

Four parcels, two buildings, income potential, and customization options.

Lot size:
0.21 Acres

Property Features for 8650 Vermont S Vermont

General Information

Property type
Commercial
Standard status
Active
Lot size
0.21 Acres

Building Details

Year built
1937

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Listing Contact
Richard Montano
Source: Elliman

Listing Agent: Richard Montano

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Vermont Avenue Investment Opportunity

This unique investment opportunity includes four addresses: 8640, 8650, 8702, and 8716 S Vermont Ave, and four parcels (APN 6038-010-018, 6038-010-019, 6038-010-020, and 6038-010-023). It encompasses three addresses and two buildings on a combined 5,780 square feet per property profile. One unit at 8650 S Vermont Ave is vacant, as is 8652 S Vermont Ave. The property at 8702 S Vermont Ave is currently leased to a long-term tenant (a church), generating $3,500 per month in rental income. The property has been freshly painted with numerous repairs completed under permit. The church tenant has been in place for several years, offering reliable cash flow. This property is located near the Vermont and Manchester intersection, in an up-and-coming area, 5 minutes from the 110 FWY and 15 minutes drive to LAX. It is suitable for an owner-user, investor, or developer seeking a value-add opportunity with income in place and vacant space to customize or lease. The properties are well kept, offering strong income potential and multiple options for future use.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

CreateCrave, Als Florist By Odessa, Mariela's Flower Shop

Location Insight

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City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.291846
Latitude
34.104872

FAQs

What type of property is this?
Storefront property - Four parcels, two buildings, income potential, and customization options.
Where is this storefront property located?
The property is located at 8650 Vermont S Vermont Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: - Four parcels and three addresses included, a unique investment opportunity; - Existing long-term tenant (church) generates $3,500/month in rental income; - Two vacant units (8650 S Vermont Ave and 8652 S Vermont Ave) provide immediate customization or leasing potential
More about this property
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