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Property profile & analytics
OFF-MARKET Estimated value $775,000
Auto shops

7021 Vermont Ave Los Angeles, CA 90044-5246

5,260 SF 0.28 ac lot Built 1947
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7243768
Property summary
AI-generated overview

This exceptional investment opportunity presents two buildings totaling 9,334 square feet on a sizable 17,828 square foot lot in Los Angeles, CA. The property, located at 7021 S Vermont Ave & 1000 W 70th St, features a main 5,260 square foot auto shop building equipped with three single and two double-wide bay doors, ideal for automotive businesses. An adjacent 4,074 square foot commercial building offers additional versatility. Currently vacant, this property boasts high visibility and street exposure on a corner lot, ensuring significant traffic and customer accessibility. Built in 1947 and 1996, the buildings sit on two parcels (APN: 014-029-004 & 6014-029-003) and are zoned LAC2. The asking price is $2,495,000, translating to $267.30 per square foot. Ample parking is available, catering to both customers and employees. This property presents a unique opportunity for owner-users, investors, or developers seeking a strategic location in a densely populated area with a large potential customer base. The property's configuration and location make it well-suited for a variety of commercial automotive uses. This is a rare chance to acquire a substantial property in a thriving Los Angeles market.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1947
Construction TILT-UP CONCRETE
Total area 5,260 SF
Lot 0.28 ac (12,069 SF)
Zoning code LAC2
APN 6014-029-004
UPID US09-7243768
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$775k
Owner & transaction history
Mohill Holdings LP · 5 yrs held
Mohill Holdings LP
since 2021
7 recorded transactions
2021
Price N/A
2021
Price N/A
2017
$1.9M
2008
Price N/A
2005
$1.2M
2005
Price N/A
2003
$580,000
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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