2241 Vermont AveLos Angeles, CA 90007

This exceptional 3,006 square foot auto shop, situated on a highly visible hard corner in Los Angeles' Koreatown, presents a unique owner-user or redevelopment opportunity. The property boasts a recent price reduction of over $500,000, now offered at $3,500,000 ($1,164.34 per square foot). Located at 2241 S Vermont Ave, Los Angeles, CA 90007 (APN 5054-024-027), this retail property sits on a substantial 13,770 square foot lot. Its strategic location offers high traffic counts due to its placement on a signalized corner, providing excellent visibility and accessibility. The property can be delivered 100% vacant, allowing for immediate occupancy or comprehensive redevelopment. This location benefits from its proximity to major thoroughfares, including direct access to the 10 Freeway, and is less than a mile from the University of Southern California (USC), falling within a desirable patrol zone. The area features strong surrounding tenants, including well-known businesses such as Ralphs and 7-Eleven. The property is classified as Tier 3 TOC with ED 1 Eligibility, presenting further opportunities for investors. This property is ideal for an owner-user seeking a well-located auto shop or for developers envisioning a multi-family redevelopment project.