Mixed-Use Storefront and
New
For Sale
$2,650,000
1724 S Vermont, Los Angeles, CA 90006
A street-facing storefront and rear warehouse provide distinct areas for customer-facing and back-of-house functions.
Property Size3,327 SF
Lot Size0.13 Acres
Price / SF$796.51
Days on Market2
Property Features for 1724 S Vermont
General Information
Standard status
Active
Size
3,327 SF
Lot size
0.13 Acres
Property subtype
Commercial
Zoning
C2-2D-CPIO
Additional Details
Conditioned Warehouse
Yes
Amenities
central air conditioning
replacement storefront glass windows
motorized metal security shutters
updated flooring
interior wall improvements
insulation
flooring
two mini-split HVAC systems
private bathroom
roof replacement
roof insulation
electrical system replacement
leveled subflooring
tall metal privacy gate
Building Details
Building Size
3,327 SF
Year Built
1931
Buildings
2
Listing Agency:
RE/MAX Time
Listed By:
MARIA SERES · License #1811218
(626) 483-0866
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:19PM
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 RE/MAX Time
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 1724 S Vermont Avenue, this mixed-use commercial property pairs a front storefront with a rear warehouse. The existing buildings total approximately 3,327 square feet on an approximately 5,500-square-foot lot. The storefront has central air conditioning, replacement glass, motorized metal security shutters, and updated flooring. The warehouse includes insulated walls, finished flooring, two mini-split HVAC systems, and a private bathroom.
Reported upgrades include a replaced roof and electrical system, roof insulation, leveled subflooring, and a tall metal gate controlling access to both buildings. The property is zoned C2-2D-CPIO under Los Angeles regulations. Retail, office, service, and storage uses may be considered subject to applicable zoning rules and City approval; residential or mixed-use redevelopment would require feasibility review and City approvals. Built in 1931, the property has a Walk Score of 94, Bike Score of 83, and Transit Score of 100.
Reported upgrades include a replaced roof and electrical system, roof insulation, leveled subflooring, and a tall metal gate controlling access to both buildings. The property is zoned C2-2D-CPIO under Los Angeles regulations. Retail, office, service, and storage uses may be considered subject to applicable zoning rules and City approval; residential or mixed-use redevelopment would require feasibility review and City approvals. Built in 1931, the property has a Walk Score of 94, Bike Score of 83, and Transit Score of 100.
Key Highlights
- Approximately 3,327 SF of building area on an approximately 5,500 SF lot
- Front storefront paired with a rear warehouse
- Storefront includes central air conditioning, replacement glass, and motorized metal security shutters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,210
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,544,200
$1.5M
Cap Rate 7%
$1,103,000
$1.1M
Cap Rate 9%
$857,889
$857.9K
Market Conditions
NOI Build-Up for 3,327 SF
Gross rent
$123.0K $36.96/SF
− Vacancy
−$12.7K −$3.81/SF
EGI
$110.3K $33.15/SF
− OpEx
−$33.1K −$9.95/SF
NOI
$77.2K $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%
$1,544,200
Cap Rate 7%
$1,103,000
Cap Rate 9%
$857,889
Alternative Uses
Best Use
Retail
$1.10M
$965.1K – $1.29M
NOI $77,210 @ 7.0% cap · market cap 2.91%
Second Best
Mixed Use
$962.5K
$842.2K – $1.12M
NOI $67,372 @ 7.0% cap · market cap 2.54%
Theoretical Best
Multifamily LT 5
$67.40M
$58.98M – $78.64M
NOI $4,718,212 @ 7.0% cap · market cap 178.05%
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
5,991
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 Industrial in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - A street-facing storefront and rear warehouse provide distinct areas for customer-facing and back-of-house functions.
Where is this mixed-use property located?
The property is located at 1724 S Vermont Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Approximately 3,327 SF of building area on an approximately 5,500 SF lot; Front storefront paired with a rear warehouse; Storefront includes central air conditioning, replacement glass, and motorized metal security shutters
