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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1528 Vermont Ave Los Angeles, CA 90027

    • Investment properties
    • 9,017 SF
    • 0.33 lot acres
    For Lease
    View listing
    $48 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7292783
    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.

    Current Use by Public Records

    • Quiznos / Take-out & Catering

    Property Details for 1528 Vermont Ave

    Year built
    2004
    Construction
    WOOD
    Lot size
    0.33 lot acres
    Property size
    9,017 SF
    Zone code
    LAC2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    5542-015-001
    APU
    5542015001

    Description

    This 9,017 square foot retail property at 1528 N Vermont Ave, Los Angeles, CA 90027, offers two available suites ranging from 1,208 to 1,362 square feet. Built in 2004, this single-story building boasts a total of 17 parking spaces, a rare amenity in this vibrant area. Located near the Vermont/Sunset Metro Station and major freeways (CA-101, I-5, and CA-2), the property provides excellent accessibility and visibility on N Vermont Ave, benefiting from high foot traffic. The flexible interior layout is suitable for various uses, including retail stores, offices, or studios. The 14,294 square foot lot is zoned LAC2 and features a total of 2 suites, with 2,570 square feet currently vacant. This prime Hollywood location offers unmatched opportunity for businesses seeking high visibility and convenient access to public transportation and major thoroughfares. The property's convenient location near local attractions and entertainment hotspots, combined with ample parking, makes it an ideal choice for a variety of businesses. The address is 1528 N Vermont Ave, Los Angeles, CA 90027, with a cross street of Sunset Blvd and APN 5542-015-001.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,700,000
      Current use
      INDUSTRIAL (GENERAL)
      $2,550,000
      Change: -6% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.291
    Latitude
    34.0989
    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
    $16,897
    $305,235
    $1,944,521
    $2,249,756
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,435,000
      9,951 SF

      5227 Sunset Blvd

      STORE/OFFICE (MIXED USE) • 9,951 SF
      5227 Sunset Blvd, Los Angeles, CA 90027-5709
      View Details
    • Value Estimation
      $575,000
      3,284 SF

      2526 Hyperion Ave

      STORE/OFFICE (MIXED USE) • 3,284 SF
      2526 Hyperion Ave, Los Angeles, CA 90027-3352
      View Details
    • Value Estimation
      $2,490,000
      14,986 SF

      5065 Hollywood Blvd

      STORE/OFFICE (MIXED USE) • 14,986 SF
      5065 Hollywood Blvd, Los Angeles, CA 90027-6133
      View Details
    • Value Estimation
      $4,440,000
      14,470 SF

      1430 Serrano Ave

      STORE/OFFICE (MIXED USE) • 14,470 SF
      1430 Serrano Ave, Los Angeles, CA 90027-5610
      View Details
    • Value Estimation
      $750,000
      4,452 SF

      2538 Hyperion Ave

      STORE/OFFICE (MIXED USE) • 4,452 SF
      2538 Hyperion Ave, Los Angeles, CA 90027-3305
      View Details
    • Value Estimation
      $995,000
      6,500 SF

      5060 Sunset Blvd

      STORE/OFFICE (MIXED USE) • 6,500 SF
      5060 Sunset Blvd, Los Angeles, CA 90027-5871
      View Details

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      Los Feliz Multifamily Investment Opportunity

      32-unit residential income property in prime Los Feliz location.
      2041 N Vermont Ave, Los Angeles, CA 90027
      View Details

    Similar Nearby for Lease

    • $48 SF/Yr
      9,017 SF

      Hollywood Retail Space Available

      Prime Hollywood location, flexible suites
      1528 Vermont Ave, Los Angeles, CA 90027
      View Details
    • Contact for pricing

      Fully Leased Retail Space

      Retail property is 100% leased with no current availability.
      4435-4441 Sunset Blvd, Los Angeles, CA 90027
      View Details
    • $1.85 SF/Yr
      1,350 SF

      Sunset Boulevard Office Space

      Second floor office space available for rent on Sunset Blvd.
      5255 W Sunset Blvd, Los Angeles, CA 90027
      View Details
    • Contact for pricing
      12,265 SF

      Sunset Blvd Medical Office Space

      Los Angeles Medical Office Building - 7 Suites Available
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      View Details
    • $2 SF/Yr
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      Kenmore Avenue Parking and Outdoor

      6,757 SF lot for parking and outdoor area available.
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      View Details
    • Contact for pricing

      Prime Los Feliz Retail Space

      Restaurant, retail, or fitness spaces with views and parking.
      4900 Hollywood Blvd, Los Angeles, CA 90027
      View Details
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    1528 Vermont Ave
    Los Angeles, CA 90027
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    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
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