1785 Vernon Ave, Los Angeles, CA 90058-1500
- Auto shops
- 864 SF
- 0.57 lot acres
Current Use by Public Records
- Gordas Smog Check / Sustainability Organization
- DOPE WINDOW TINT / Interior Design / Auto Repair Shop
- K&D Smog Check & Repair / Sustainability Organization
- Boost Mobile / Mobile Phone Store / Electronics & Wireless Store
Property Details for 1785 Vernon Ave
- Year built
- 1921
- Construction
- WOOD
- Lot size
- 0.57 lot acres
- Zone code
- LAM2
- Property type
- Auto shops
- APN
- 5116-022-031
- APU
- 5116022031
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 9, 2021 | $2,262,000 | Pal Vernon Stotage LLC | 4433 South Alameda INC | Grant Deed | — |
| Aug 7, 2015 | — | 4433 South Alameda LLC | Kenneth K Lee | Grant Deed | $12.7M · Open Bank |
| Jul 31, 2015 | $23,500,000 | Lee Family Trust | El Faro Discount Center LLC | Grant Deed | $3.5M · David A Bommarito |
| Sep 16, 2005 | $1,500,000 | Santee Associates LLC | Owner Name Unavailable | Grant Deed · related | $185k · Hanmi Bk |
| Dec 20, 2004 | $2,747,000 | El Faro Investments LLC | Bral 126 El Faro LLC | Grant Deed · related | — |
| — | — | El Faro Discount Center LLC | — | Deed Of Trust · related | $875k · Wilshire St Bk |
| — | — | El Faro Discount Center LLC | — | Deed Of Trust · related | $660k · Wilshire St Bk |
Description
This exceptional 0.6-acre industrial development site in Vernon, CA (zip code 90058, 1785 E Vernon Ave), presents a fully entitled, shovel-ready opportunity for a self-storage facility. The site boasts 61,810 square feet of net rentable space, planned for 898 units ranging from 5x4 to 10x30 feet within a four-story climate-controlled building. Located in the heart of the Los Angeles-Long Beach-Orange County MSA, this high-visibility property enjoys a daily traffic count of 37,779 vehicles. Its strategic location offers unparalleled access to key demographics: 2.5 miles from the University of Southern California (49,500 students), 3 miles from Downtown Los Angeles (3.9 million residents), and 9 miles from LAX Airport. The surrounding area demonstrates strong growth potential, with a population of 1,247,698 and an average household income of $79,024 within a 5-mile radius. Furthermore, 66,622 future residential units are under development within a 5-mile radius, ensuring robust future demand. This is a rare opportunity to capitalize on the thriving Los Angeles market, benefiting from a strong economy and a highly competitive job market. A general contractor's guaranteed maximum price (GMP) is already in place.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,525,000
- ML approach
- $2,335,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.241
- Latitude
- 34.0042
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
