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    11502 Vermont Ave Los Angeles, CA 90044

    Sponsored
    For Sale
    $4,500,000

    Prime LA medical redevelopment, high NOI.

    Property size:
    14,906 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional redevelopment opportunity in Los Angeles, California, encompassing five parcels totaling 14,906 square feet. This property, situated at the highly visible northeast corner of Vermont Avenue and the 105 Freeway, boasts a Tier 4 rating within the City of Los Angeles' TOC (Transit Oriented Communities) program. The offering includes three existing buildings and two parking lots, currently operating at 100% occupancy, generating a Net Operating Income (NOI) of $270,000, representing a 6.00% capitalization rate. A pro-forma analysis projects a significant increase in NOI to $360,000, resulting in an 8.00% capitalization rate, reflecting the substantial redevelopment potential. The asking price is $4,500,000, translating to $301.89 per square foot. This prime signalized corner location offers immediate income while allowing for future development plans. The property is zoned for medical office use and presents a rare chance to acquire a high-performing asset with substantial upside in a rapidly growing area of Los Angeles County, zip code 90044. The address is 11502 S Vermont Ave.

    Property Features for 11502 Vermont Ave

    General Information

    Property type
    Medical offices
    Square Feet
    14,906 SF

    Building Details

    Buildings
    3

    HighLights

    • Exceptional redevelopment opportunity: five parcels totaling 14,906 square feet, 100% occupied, generating $270,000 NOI.
    • Prime Los Angeles location at Vermont Ave & 105 Freeway, Tier 4 TOC rating.
    • Three buildings and two parking lots, $4,500,000 asking price ($301.89/SF).
    • Current 6.00% cap rate, pro forma projects 8.00% cap rate with redevelopment, $360,000 NOI.
    • Zoned for medical office use, address: 11502 S Vermont Ave, zip code 90044.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vidal Woman's Medical ... Doctor Henry Awariefe Surgeon Calvary Medical Clinic: ... Pediatrician Vermont Community Clinic Medical Clinic Dr. Edward Opoku Medical Clinic

    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
    -118.29160946929
    Latitude
    33.929780835995

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    FAQs

    What type of property is this?
    Medical office - Prime LA medical redevelopment, high NOI.
    Where is this medical office located?
    The property is located at 11502 Vermont Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Exceptional redevelopment opportunity: five parcels totaling 14,906 square feet, 100% occupied, generating $270,000 NOI.; Prime Los Angeles location at Vermont Ave & 105 Freeway, Tier 4 TOC rating.; Three buildings and two parking lots, $4,500,000 asking price ($301.89/SF).
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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
    11502 Vermont Ave Los Angeles, CA 90044
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