Triplex Development Opportunity in Los
For Sale
$870,000
7705 S Vermont Ave, Los Angeles, CA 90044
Triplex with development potential in South Los Angeles near Vermont Corridor.
Property Size2,540 SF
Lot Size0.11 Acres
Days on Market159
Property Features for 7705 S Vermont Ave
General Information
Standard status
Active
Size
2,540 SF
Lot size
0.11 Acres
Property subtype
Investment
Building Details
Building Size
2,540 SF
Year Built
1921
Units
3
Listing Agency:
Y Realty
(213) 344-7856
Listed By:
Steven Richardson · License #01510320
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 2:10PM
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 Y Realty
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
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 Multifamily in West region
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Frequently Asked Questions
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 $870,000.
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.
