Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10601 S Vermont Los Angeles, CA 90044
    Property profile & analytics

    10601 S Vermont Los Angeles, CA 90044

    View on Map
    • Gas stations
    • 5,700 SF
    • 0.49 lot acres
    For Sale
    $6,950,000
    View Listing →
    Los Angeles Mixed-Use Property For Sale
    $6,950,000

    Los Angeles Mixed-Use Property

    Fee-simple real estate with two recession-resistant businesses and strong cashflow.

    10601 S Vermont Ave, Los Angeles, CA 90044
    View Listing
    Property ID
    US09-9016886
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Vermont Free Dry Coin Laundry & Car Wash / Car Wash

    Property Details for 10601 S Vermont

    Year built
    2018
    Construction
    WOOD
    Lot size
    0.49 lot acres
    Property size
    5,700 SF
    Zone code
    LCC3*
    Property type
    Gas stations
    APN
    6060-016-027
    APU
    6060016027

    Description

    This exceptional Los Angeles retail property, built in 2018, encompasses a thriving coin-operated laundry and car wash business. The single-story, 5,000-5,700 square foot building sits on a 21,344 square foot lot, zoned LCC3. Currently generating a Net Operating Income (NOI) of $654,875 and boasting an 8.45% cap rate, this represents a strong return on investment. The asking price is $7,750,000, translating to approximately $1,360 per square foot. The property features newer equipment and benefits from the synergistic relationship between the two businesses, resulting in gross sales exceeding $1.3 million. Located at 10601 S Vermont Ave, Los Angeles, CA 90044, in Los Angeles County, this owner-user investment opportunity is ideal for those seeking a stable, recession-resistant income stream in a high-demand market. The property is offered as a 100% ownership stake and qualifies for 85% SBA loans for eligible buyers. A 1031 exchange is also a viable option. This is a Class B property with a single tenancy. The property's APN is 6060016027.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,765,000
      ML approach
      $3,815,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.292
    Latitude
    33.9398
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $47,044
    $2,228,536
    $660,070
    $2,888,606
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,181 SF

      1338 Manchester Ave

      SERVICE STATION (FULL SERVICE) • 2,181 SF
      1338 Manchester Ave, Los Angeles, CA 90044-2240
      View Details
    • Value Estimation by Request
      618 SF

      11259 Vermont Ave

      SERVICE STATION (FULL SERVICE) • 618 SF
      11259 Vermont Ave, Los Angeles, CA 90044-1301
      View Details
    • Value Estimation by Request
      2,268 SF

      808 Manchester Ave

      SERVICE STATION WITH FOOD MART • 2,268 SF
      808 Manchester Ave, Los Angeles, CA 90044
      View Details
    • Value Estimation by Request
      286 SF

      1359 Century Blvd

      SERVICE STATION (FULL SERVICE) • 286 SF
      1359 Century Blvd, Los Angeles, CA 90044-1807
      View Details
    • Value Estimation by Request
      140 SF

      1350 Florence Ave

      SERVICE STATION (FULL SERVICE) • 140 SF
      1350 Florence Ave, Los Angeles, CA 90044-2512
      View Details
    • Value Estimation by Request
      465 SF

      1348 Slauson Ave

      SERVICE STATION (FULL SERVICE) • 465 SF
      1348 Slauson Ave, Los Angeles, CA 90044
      View Details

    Similar Nearby for Sale

    • $6,950,000
      5,000 SF

      Los Angeles Commercial Opportunity

      Fee-simple real estate with two recession-resistant businesses and strong cash flow.
      10601 S Vermont, Los Angeles, CA 90044
      View Details
    • $749,777
      919 SF

      Los Angeles Commercial Corner Lot

      Mixed-use commercial corner lot with development potential in Los Angeles.
      665 W Florence Ave, Los Angeles, CA 90044
      View Details
    • $1,149,000
      3,652 SF

      Mixed-Use Property Near Downtown LA

      Mixed-use property with commercial and residential units, excellent upside potential.
      10106 Vermont Ave, Los Angeles, CA 90044
      View Details
    • Contact for pricing

      Los Angeles Mixed-Use Property

      Fee-simple real estate with two recession-resistant businesses and strong cashflow.
      10601 S Vermont Ave, Los Angeles, CA 90044
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      220,706 SF

      Vermont Avenue Trailer Parking Available

      Large concrete yard with trailer parking in Los Angeles.
      19401 S Vermont Ave, Los Angeles, CA 90044
      View Details
    • $2.00 SF/Yr

      Retail Space in South LA

      Retail space for lease in high-density South LA neighborhood.
      6418 Normandie Ave, Los Angeles, CA 90044
      View Details
    • Contact for pricing

      Retail/Office Space at Slauson & Vermont

      Retail and office spaces available off Slauson & Vermont.
      5857 S Vermont Ave, Los Angeles, CA 90044
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10601 S Vermont
    Los Angeles, CA 90044
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10601 S Vermont, Los Angeles, CA, 90044
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!