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Renovated Live-Work Space
New
For Sale
$799,000

9611 S Vermont Ave, Los Angeles, CA 90044

Distinct business and residential areas offer a flexible work-and-living arrangement with freeway access.

Property Size2,450 SF
Price / SF$470
Days on Market2

Property Features for 9611 S Vermont Ave

General Information

Standard status Active
Size 2,450 SF
Property subtype Investment

Additional Details

Highway Access Yes

Building Details

Building Size 2,450 SF
Year Built 2025
Stories 1
Units 2
Listed By: George Bravo
Source: Elliman
Added: Oct 19 Last Checked: Oct 19 at 2:42PM

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 George Bravo

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Investment Insights

Based on property information with market context.

This live-work property combines 1,700 square feet of commercial space with roughly 750 square feet of residential space. The living area was fully renovated in 2025, creating a combined business and home setting. The property has access to freeways.

WalkScore is 63, BikeScore is 51, and TransitScore is 43.

Key Highlights

  • 1,700 square feet of commercial business space
  • Roughly 750 square feet of living space
  • Residential area fully renovated in 2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,415
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,300 $728.3K
Cap Rate 7%
$520,214 $520.2K
Cap Rate 9%
$404,611 $404.6K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$57.5K $33.84/SF
− Vacancy
−$9.0K −$5.28/SF
EGI
$48.6K $28.56/SF
− OpEx
−$12.1K −$7.14/SF
NOI
$36.4K $21.42/SF
Area
ZIP 90044
Vacancy
15.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,300
Cap Rate 7%
$520,214
Cap Rate 9%
$404,611

Alternative Uses

Best Use
Office B
$520.2K
$455.2K – $606.9K (±1% cap)
NOI $36,415 @ 7.0% cap · market cap 4.56%
Second Best
Mixed Use
$491.8K
$430.3K – $573.8K (±1% cap)
NOI $34,425 @ 7.0% cap · market cap 4.31%
Theoretical Best
Multifamily LT 5
$34.44M
$30.14M – $40.18M (±1% cap)
NOI $2,410,869 @ 7.0% cap · market cap 301.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

M S Family ... Grocery & Convenience Store Recreational dispensary Gas Station

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Parking Lot & Garage Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

929
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - Distinct business and residential areas offer a flexible work-and-living arrangement with freeway access.
Where is this live-work space located?
The property is located at 9611 S Vermont Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1,700 square feet of commercial business space; Roughly 750 square feet of living space; Residential area fully renovated in 2025
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