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    Property profile & analytics

    7833 Vermont Ave Los Angeles, CA 90044

    • Schools
    • 102,260 SF
    • 16.84 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7458564
    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

    • Dr. Betty Price Square / Park

    Property Details for 7833 Vermont Ave

    Year built
    1940
    Construction
    TILT-UP CONCRETE
    Lot size
    16.84 lot acres
    Property size
    102,260 SF
    Zone code
    LAR4
    Property type
    Schools
    APN
    6019-016-007
    APU
    6019016007

    Description

    This exceptional 8.77-acre commercial land parcel presents a unique development opportunity in Los Angeles, California. Located at 7833 S Vermont Ave, zip code 90044, this highly visible and accessible site boasts 382,000 square feet of developable land, zoned R4/C2. The property's size minimizes entitlement risk, offering a multitude of permitted uses including office, retail, multifamily, industrial, hospitality, and healthcare, or a combination thereof. Currently featuring six structures, including a large 780+ stall parking structure, the property can be delivered vacant at close of escrow, potentially saving millions in construction and permitting costs. Five of the existing structures serve as administrative, office, classroom, and warehouse spaces. The strategic location near the 110 Freeway provides vital connectivity between the Port of Los Angeles and greater Los Angeles, further enhanced by its position along the future Metro Vermont Transit Corridor. This corridor will significantly increase visibility and accessibility, particularly during the LA 2028 Olympics, connecting Downtown Los Angeles to the South Bay, encompassing key venues such as the Coliseum, SoFi Stadium, The Forum, and the South Bay Sports Park. This offering presents a substantial opportunity for significant social and economic impact, providing a developer or user with immediate presence in a rapidly developing area. The property was formerly home to Pepperdine University. The seller is open to market pricing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $670,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $604,000
      Market price range: $246k - $2.81M

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $1,030,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.294
    Latitude
    33.9682
    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
    $41,736
    $4,182,278
    $19,419,511
    $23,601,789
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      10954 Normandie Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 2,400 SF
      10954 Normandie Ave, Los Angeles, CA 90044-1647
      View Details
    • Value Estimation by Request
      6,346 SF

      9201 Vermont Ave

      CREMATORIUM, MORTUARY • 6,346 SF
      9201 Vermont Ave, Los Angeles, CA 90044-3321
      View Details
    • Value Estimation by Request
      4,192 SF

      624 Florence Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 4,192 SF
      624 Florence Ave, Los Angeles, CA 90044-6104
      View Details
    • Value Estimation
      $1,050,000
      9,688 SF

      7101 Menlo Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 9,688 SF
      7101 Menlo Ave, Los Angeles, CA 90044-5259
      View Details
    • Value Estimation
      $4,530,000
      8,922 SF

      7522 Vermont Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 8,922 SF
      7522 Vermont Ave, Los Angeles, CA 90044-5131
      View Details
    • Value Estimation by Request
      1,748 SF

      10522 Normandie Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,748 SF
      10522 Normandie Ave, Los Angeles, CA 90044
      View Details

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      High-Exposure Corner Lot Investment

      Income-producing property with high visibility and long-term stability.
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      Los Angeles Specialty Property Available

      Specialty property for sale in Los Angeles, California.
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    • Contact for pricing

      High-Visibility Location with Income Potential

      Property with high traffic location and income potential.
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      High-Exposure Corner Lot Investment

      Prime NNN investment opportunity on a high-traffic corner lot.
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    Similar Nearby for Lease

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      55,000 SF

      Secure Contractor's Yard for Rent

      Secure yard space with utilities, suitable for contractor's equipment.
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      View Details
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      Industrial Space with Heavy Power

      Industrial property suitable for cannabis use with secured yard.
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      Freestanding flex/warehouse building with modern office space for lease.
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    • Contact for pricing
      2,046 SF

      South Vermont Ave Executive Office

      Los Angeles Executive Suite - 2,046 SF
      5857 Vermont Ave, Los Angeles, CA 90044
      View Details
    • Contact for pricing

      Vermont Avenue Land For Lease

      Land for lease near Vermont Ave, suitable for parking/storage.
      8886 S Vermont, Los Angeles, CA 90044
      View Details
    • $0.62 SF/Yr

      Industrial Space with Dock High

      Industrial space featuring four dock high loading positions and visibility.
      5800 S Hoover St, Los Angeles, CA 90044
      View Details
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    Los Angeles, CA 90044
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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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