7705 S Vermont Ave Los Angeles, CA 90044
Triplex with development potential in South Los Angeles near Vermont Corridor.
Lot size:
0.11 AcresProperty Features for 7705 S Vermont Ave
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.11 Acres
Building Details
- Year built
- 1921
Source:
Elliman
Listing Agency: Y Realty Listing Agent: Steven Richardson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Triplex Development Opportunity in Los Angeles
This triplex property, located in Los Angeles, CA, presents a development opportunity to build 13 multifamily units on the Vermont Corridor with 20% affordable housing. Alternatively, the existing triplex can be maintained. The property features three separate homes on one lot, suitable for extended families, owner-occupants seeking rental income, or investors. The main home, located at 1000 W. 77th St, is a 4-bedroom, 2-bathroom single-family residence with a spacious layout and a large front yard. The second unit, located at 7707 S. Vermont Ave, is a detached 1-bedroom, 1-bath home with its own private entrance. The third unit, located at 7705 S. Vermont Ave, is a studio unit in a separate structure. The property is located on a corner lot and is near public transit, local shops, and schools, and is minutes from Downtown LA. This property is suited for multi-generational living or maximizing rental income.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.29198
- Latitude
- 33.96985
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex with development potential in South Los Angeles near Vermont Corridor.
Where is this triplex located?
The property is located at 7705 S Vermont Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: - Development Opportunity: Build 13 multifamily units with 20% affordable housing on the Vermont Corridor.; - Versatile Triplex: Three separate homes on one lot, ideal for various living arrangements or rental income.; - Spacious Main Home: Features a 4-bedroom, 2-bathroom single-family residence with a large front yard.
