11502 S Vermont Ave Los Angeles, CA 90044
Signalized corner location with redevelopment potential and existing income.
Property Features for 11502 S Vermont Ave
General Information
- Standard status
- Active
- Size
- 14,906 SF
- Property subtype
- Land, Office, Retail
Listing office Pearson Property Management
Listing date Sep 9, 2024
Source Crexi
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 Pearson Property Management
Investment Insights
Based on property information with market context.
Key Highlights
- Prime redevelopment opportunity in City of LA TOC Program Tier 4.
- Located on a prime signalized corner adjacent to a major street and freeway (Vermont and 105 freeway).
- Includes 5 lots: 3 buildings and 2 parking lots.
Local Financial Insights For Retail
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 | $552.7k | $37.08 |
| − Vacancy | −$32.6k | −$2.19 |
| EGI | $520.1k | $34.89 |
| − OpEx | −$156.0k | −$10.47 |
| NOI | $364.1k | $24.42 |
