Renovated Flex Space with
For Sale
$1,950,000
2207 S Vermont Avenue, Los Angeles, CA 90007
Vacant two-level commercial building combines storefront, warehouse, storage, and professionally finished office areas.
Property Size3,664 SF
Lot Size0.16 Acres
Price / SF$532.21
Days on Market55
Property Features for 2207 S Vermont Avenue
General Information
Standard status
Active
Size
3,664 SF
Total Parking Spaces
7
Lot size
0.16 Acres
Property subtype
COMMERCIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
10 ft
Drive-In Doors
2
Building Details
Building Size
3,664 SF
Year Built
1925
Year Renovated
2018
Buildings
1
Stories
2
Listing Agency:
The CREM Group
(949) 285-0343
Listed By:
Mark Cianciulli · License #01990266
Source:
Truthrealty
Added: Jun 10
Changed: Aug 3
Last Checked: Aug 3 at 8:51AM
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 The CREM Group
Investment Insights
Based on property information with market context.
This vacant flex property combines retail, showroom, warehouse, storage, and office functionality within a two-level commercial building. The approximately 3,664-square-foot structure includes a storefront facing Vermont Avenue and a drive-through bay with roll-up doors on both ends and approximately 10-foot clearance. The upper level contains multiple private offices, a conference room, reception area, kitchen or break space, storage, and open work areas. Expansion and a full renovation were completed in 2018, including upgrades to the electrical, plumbing, and HVAC systems.
The secured 6,810-square-foot lot provides gated rear parking, seven on-site parking spaces, and access from both Vermont Avenue and W. 22nd Street. The property sits adjacent to the Santa Monica (10) Freeway, with access to the 10 and 110 Freeways and visibility to more than 345,000 vehicles per day. It is also within a State Enterprise Zone.
The secured 6,810-square-foot lot provides gated rear parking, seven on-site parking spaces, and access from both Vermont Avenue and W. 22nd Street. The property sits adjacent to the Santa Monica (10) Freeway, with access to the 10 and 110 Freeways and visibility to more than 345,000 vehicles per day. It is also within a State Enterprise Zone.
Key Highlights
- Approximately 3,664 square feet across two levels
- 6,810‑square‑foot secured lot with gated rear parking
- Drive‑through bay with front and rear roll‑up doors and approximately 10‑foot clearance
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.5k | $38.88 |
| − Vacancy | −$26.5k | −$7.23 |
| EGI | $116.0k | $31.65 |
| − OpEx | −$29.0k | −$7.91 |
| NOI | $87.0k | $23.74 |
3,664 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.24M
$1.09M – $1.45M
NOI $86,970 @ 7.0% cap · market cap 4.46%
Second Best
Retail
$1.21M
$1.06M – $1.42M
NOI $85,031 @ 7.0% cap · market cap 4.36%
Theoretical Best
Multifamily LT 5
$74.23M
$64.95M – $86.60M
NOI $5,196,131 @ 7.0% cap · market cap 266.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
10 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Ala Carte Catering Inc — 924 W Washington Blvd, Los Angeles, CA 90015
- Kensington Caterers — 1300 W 24th St, Los Angeles, CA 90007
- Cater Craft Foods Inc — 924 W Washington Blvd, Los Angeles, CA 90015
- Tender Grill — 924 W Washington Blvd, Los Angeles, CA 90007
- Chef Bernard James — 3030 1/2 Kenwood Ave, Los Angeles, CA 90007
Frequently Asked Questions
What type of property is this?
Flex space - Vacant two-level commercial building combines storefront, warehouse, storage, and professionally finished office areas.
Where is this flex space located?
The property is located at 2207 S Vermont Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Approximately 3,664 square feet across two levels; 6,810‑square‑foot secured lot with gated rear parking; Drive‑through bay with front and rear roll‑up doors and approximately 10‑foot clearance
