11502 S Vermont Ave, Los Angeles, CA 90044

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.