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    7833 Vermont Ave Los Angeles, CA 90044

    Sponsored
    For Sale
    Contact for pricing

    Prime LA development land, 382K sq ft, R4/C2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.77-acre commercial land parcel presents a unique development opportunity in Los Angeles, California. Located at 7833 S Vermont Ave, zip code 90044, this highly visible and accessible site boasts 382,000 square feet of developable land, zoned R4/C2. The property's size minimizes entitlement risk, offering a multitude of permitted uses including office, retail, multifamily, industrial, hospitality, and healthcare, or a combination thereof. Currently featuring six structures, including a large 780+ stall parking structure, the property can be delivered vacant at close of escrow, potentially saving millions in construction and permitting costs. Five of the existing structures serve as administrative, office, classroom, and warehouse spaces. The strategic location near the 110 Freeway provides vital connectivity between the Port of Los Angeles and greater Los Angeles, further enhanced by its position along the future Metro Vermont Transit Corridor. This corridor will significantly increase visibility and accessibility, particularly during the LA 2028 Olympics, connecting Downtown Los Angeles to the South Bay, encompassing key venues such as the Coliseum, SoFi Stadium, The Forum, and the South Bay Sports Park. This offering presents a substantial opportunity for significant social and economic impact, providing a developer or user with immediate presence in a rapidly developing area. The property was formerly home to Pepperdine University. The seller is open to market pricing.

    Property Features for 7833 Vermont Ave

    General Information

    Property type
    Land
    Lot Size
    382,021 SF

    HighLights

    • 8.77 acres of highly visible and accessible commercial land in Los Angeles, CA.
    • 382,000 square feet of developable land.
    • R4/C2 zoning allows for numerous permitted uses, minimizing entitlement risk.
    • Prime location near the 110 Freeway and future Metro Vermont Transit Corridor, connecting the Port of Los Angeles to Downtown LA and the South Bay.
    • Former Pepperdine University site, offering immediate regional presence.
    • Property includes a 780+ stall parking structure and five additional buildings, deliverable vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Betty Price ... Park

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2920208
    Latitude
    33.9688452

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    FAQs

    What type of property is this?
    Land - Prime LA development land, 382K sq ft, R4/C2 zoning.
    Where is this land located?
    The property is located at 7833 Vermont Ave Los Angeles, CA.
    What are key features of this property?
    This property features: 8.77 acres of highly visible and accessible commercial land in Los Angeles, CA.; 382,000 square feet of developable land.; R4/C2 zoning allows for numerous permitted uses, minimizing entitlement risk.
    Request Owner's contact information
    7833 Vermont Ave Los Angeles, CA 90044
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7833 Vermont Ave Los Angeles, CA 90044
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